What we take on when a house needs work
Most owners facing a list of repairs have been handed numbers by contractors with an interest in the job being large. We price repairs every week, at contractor rates, on houses we own.
So the most helpful thing we can do is give you a realistic read: which repairs genuinely need doing, what they cost at trade pricing against what you would be quoted retail, and whether the Selden market will return that money. Then a written as-is number, so you can compare the two paths properly instead of guessing at one of them.
Selling a Selden house without making any repairs
The repairs stop being your problem the moment we agree a price. We are buying the house in the condition it stands in today, and the offer reflects exactly that.
What we will not do is what a retail buyer usually does: agree a price, send an inspector, then come back with a list of repairs and a demand for a credit. The repairs were in our number the first time. A Selden seller should be able to plan around a figure that does not move.
Why local knowledge changes the number
A four-bedroom on Corvette Road. In Selden, bought and paid for by us.
Selden is roughly 21,262 people in Suffolk County, ZIP 11784, and the housing stock is mostly ranch, hi-ranch, cape cod. Around Middle Country Road and Boyle Road, most of it is old enough that the mechanicals are on their second or third life. We have been buying across Suffolk County for 15+ years. We know what the Middle Country Central School District does to a resale price, which blocks still have oil tanks in the ground, and what a house like yours is actually worth here.
What the repairs really cost once you count the carry
The median house in Selden sold for $637,173 and took about 23 days to go under contract, then another 45 to 60 days waiting on the buyer's mortgage. That is 68 to 83 days in total, for a house that was ready to show on day one. That assumes a house in showable condition. Getting there means paying for the repairs up front, carrying the house while the repairs are being done, then paying commission and closing costs on the far side.
Sellers frequently find that the finished-house price, minus the repairs, minus the carry, minus the commission, lands close to a straightforward cash offer they could have taken months earlier with none of the risk attached.
Why the same repairs cost us about half what they cost you
People reasonably ask how we make money buying houses that need repairs when a homeowner making the same repairs often loses money on them. The answer is not clever. It is volume.
Because we are running construction constantly, we buy materials at contractor pricing and our crews are already scheduled. The repairs on your house cost us in the region of half what you would be quoted to have them done. Same work, same standard, different cost basis, and that difference is what funds the offer we hand you.
How selling a house sold as-is in Selden works
- 1
You tell us about the house
An address in 11784 and a rough idea of condition. Two minutes on the phone or the form. We do not need photographs, a clean house, or anything fixed first.
- 2
One short visit
One of us comes by once, usually for less than half an hour. On a ranch or hi-ranch like most of Selden, what we look at closely is the roof, the boiler and the wiring, not the finishes.
- 3
A written offer within 24 hours
One figure, in writing, inside 24 hours. Not a range. Show it to a Suffolk County agent if you want a second view; if the house is already in good enough shape to list, an agent may get you more, and we will say so.
- 4
You choose when to close
Soon, or months away if probate, a tenant or your next move has to come first. You also avoid the 68 to 83 days a listed Selden house typically takes to find a buyer and get through the buyer's mortgage.
Lender repairs versus pretty repairs
The repairs that matter to a sale are the ones an appraiser or an underwriter will flag. Everything else is a negotiation about taste.
Walk your list with us and we will tell you which is which. What we will not tell you is that every repair pays for itself, because it does not. A homeowner paying retail for repairs and recovering them at market rarely comes out ahead, and anybody promising otherwise has work to sell you.
The kind of houses Selden actually has
Selden is largely ranch, hi-ranch, cape cod stock, much of it built long enough ago that the mechanicals are on their second or third life. Boilers, wiring, roofs, and one bathroom last touched decades ago.
That is ordinary here, and none of it is a reason for us to walk away. Houses of that age come with repairs attached. We have bought plenty of them in Suffolk County and we price the repairs rather than react to them.
What you do not pay when you sell a house sold as-is
Each of the following comes with a retail listing of a house sold as-is, and none of it comes with ours.
- Agent commission
- $31,859 at 5% of the Selden median none
- Seller closing costs
- About $12,743 on a $637,173 sale. We can cover these. none
- Repairs to make it listable
- Everything a buyer would flag, paid for before you list none
- Cleanout and removal
- Paid per load, before a single buyer walks through none
- Carrying costs while it waits
- Taxes, insurance and utilities while you spend 68 to 83 days finding a buyer and waiting for their loan none
Get an as-is number before you spend on repairs
A written as-is offer is free and it takes one visit. Get it before you sign a contractor's proposal, not after.
With both numbers in front of you, the decision is arithmetic rather than a feeling. Repairs plus carry plus commission, set against a cash figure available now. Plenty of Selden owners look at the two and decide to make the repairs, and that is a perfectly good outcome. The mistake is committing to the repairs without ever seeing the other number.
Common questions
Can you sell a house as-is?
Yes. Selling as-is means the buyer takes the house in its current condition and the seller makes no repairs and gives no repair credits. We buy Selden houses that way every time. What as-is does not change is what the law asks a seller to disclose. Your attorney will tell you what applies to your sale, and nothing about selling to us changes that.
How bad does a Selden house have to be before you walk away?
There is no condition threshold. Repairs are a line item for us rather than a decision point, because we do this work constantly. Tell us the worst of it and we will still come and look.
Should I get my own inspection?
You are welcome to, but you do not need one for us. We price the repairs ourselves, and we are not going to use an inspection to renegotiate after the fact.
Will you ask for a credit for the repairs after the inspection?
That pattern exhausts sellers and it is not ours. We look once, we price the repairs once, and the figure we put in writing on a Selden house is the figure we close at.
Would I do better making the repairs and listing?
Sometimes, and we will tell you when we think so. It depends on which repairs, what they cost you at retail, and whether the market rewards them. Get the as-is number first so you are comparing two real figures.
Can you point me to a contractor if I decide to make the repairs?
We can. If you decide the repairs are worth making, we would far rather you used somebody reliable than whoever answers the phone first. Ask us and we will tell you who we would call.