Questions About Selling a House in Binghamton, NY

We buy houses as-is, in any condition — no repairs, no cleaning, no cleanout required to sell to us.

We give written cash offers in 24 hours. The Cash Offer is 30 days or less, and EZ Sale is 60 days or less. Close as fast as 7 days when title and closing details allow.

New York State real estate transfer tax is $2 for each $500 of sale price, or part of $500, when the price exceeds $500. The seller normally pays this base tax, but the sale agreement can provide otherwise; local transfer taxes may add to it. A separate 1% mansion tax applies to residential sales of $1 million or more and is normally paid by the buyer. When you sell to us, we pay the closing costs, including New York State real estate transfer tax and any applicable local real estate transfer taxes. No agent commissions when you sell to us. Your mortgage payoff, liens, back taxes, and share of current property taxes remain separate.

Yes. Call before you have every paper together; we can start with what you know about the house. You get a written offer and written terms before you commit, and we close through a title company.

A sale may still be possible before the foreclosure auction if the mortgage payoff and other closing obligations can be covered. New York foreclosures go through court, and a referee conducts the sale. After the auction, there is no right to buy the house back. If you live there and are in foreclosure or two or more months behind, New York's Home Equity Theft Prevention Act gives you 14 business days to cancel a sale to an investor. Stopping foreclosure by paying the lender requires the full amount owed, including applicable interest, fees, and costs. Selling first may help protect any equity you have. Our agreement of sale will often get a foreclosure sale postponed so we can close. Signing alone doesn't postpone it automatically; we use the agreement to ask for the postponement, and it works more often than people think.

Often, yes. An executor or administrator appointed by Surrogate’s Court can generally sell estate property during administration, subject to the will and court restrictions. If the will leaves the house to a specific person, that person’s agreement or a court order is usually needed. The court appointment, will, deed, and any court order determine who can sign; being named executor in a will is not the same as being appointed by the court. If you need an estate attorney, we can help you find one.

Yes. An ordinary sale generally leaves the existing lease and tenant protections in place, and the buyer becomes the landlord. A sale alone does not mean the tenants have to move. If a tenancy can lawfully end, New York notice periods can be 30, 60, or 90 days depending on occupancy and lease term; rent regulation and Good Cause Eviction can also affect nonrenewal. At a sale, the security deposit must be transferred to the new owner within five days or returned, with required notice.

A sale may still be possible, but the notices, court orders, and local requirements matter. An as-is agreement does not by itself resolve an order to repair a violation or correct a dangerous condition. When you sell to us, we are the buyer, so the repairs become our job; the existing notices and deadlines still matter.