Where our construction experience helps with your repairs
Our genuine advantage here is that we run millions of dollars of construction a year, so we know what the repairs on an Elmont house actually cost rather than guessing at them.
That is useful to you even if you never sell to us. We will tell you what we think the repairs run, which ones a buyer's lender will insist on, and which are cosmetic and not worth doing before a sale. If that analysis points toward making the repairs and listing rather than selling as-is, we will say so, and it happens more often than people expect.
As-is, and the repairs we will not ask you to make
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. An Elmont seller should be able to plan around a figure that does not move.
Why local knowledge changes the number
A four-bedroom on Harrison Street. A three-bedroom on Renfrew Avenue. A three-bedroom on Rosser Avenue. All of them in Elmont, all bought by us.
Elmont is roughly 37,296 people in Nassau County, ZIP 11003, and the housing stock is mostly cape cod, ranch, multi-family. Around Belmont Park and UBS Arena, most of it is old enough that the mechanicals are on their second or third life. The Elmont-UBS Arena stop pulls buyers who commute, which supports the good houses and does very little for the ones that need a roof. We know which of these streets take water, where the older systems fail first, and what the Elmont Union Free School District does to a resale price.
Making the repairs and listing, or selling as-is?
The pitch for making repairs first is always the finished price. What gets left out is everything between here and there: the money for the repairs, the months while the work runs, the taxes and insurance and utilities through those months, and the commission at the end.
Run all of it before you commit. On plenty of Elmont houses the repair route genuinely wins, and we will tell you when yours is one of them. On plenty of others the arithmetic is far closer than the contractor's quote made it look.
Why the same repairs cost us about half what they cost you
We run millions of dollars of construction a year. That buys materials at contractor pricing and keeps crews working steadily rather than bidding for one-off jobs, and the result is that the same repairs cost us roughly half what a homeowner pays to have them done.
That is the whole reason this works. A homeowner paying retail for pre-sale repairs usually cannot recover the cost out of the sale price. We can do the identical work for about half and still leave room in the number, which is why we can buy a house that needs repairs nobody else wants to take on.
How selling a house that needs repairs in Elmont works
- 1
You tell us about the house
An address in 11003 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
We come and look at it
One visit, one person, usually under half an hour. On a cape cod or ranch of the age most of Elmont was built, we are mainly looking at the roof, the boiler and the electric rather than the kitchen.
- 3
You get a number in writing
Within 24 hours, as a written figure rather than a range or a "starting around". Take it to a Nassau County agent for a second opinion if you want to. On a house already in showable condition, listing may well beat us, and we would rather you knew that.
- 4
You pick the closing date
Fast if you need fast, or months out if you are waiting on probate, a tenant, or somewhere to move to. Either way you skip the 88 to 103 days a listed Elmont house spends finding a buyer and then waiting on that buyer's mortgage.
Repairs worth making before an Elmont sale
Sort the repairs into two piles. One pile is the work that keeps a mortgage from being approved: roof, structure, active leaks, electrical that will not pass, sometimes heat. The other pile is everything a buyer would simply prefer.
If you are selling, the first pile can be worth funding and the second almost never is. Even the first pile only pays off if you can get those repairs done at a sensible price, which is the part a homeowner has the least leverage over.
The kind of houses Elmont actually has
Elmont is largely cape cod, ranch, multi-family 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 Nassau County and we price the repairs rather than react to them.
What you do not pay when you sell a house that needs repairs
Every line below is a cost of listing a house that needs repairs the retail way that simply does not arise here.
- Agent commission
- $36,250 at 5% of the Elmont median none
- Seller closing costs
- About $14,500 on a $725,000 sale. We can cover these. none
- Repairs to make it listable
- Whatever the house needs, paid up front none
- Cleanout and removal
- Per truckload, before anyone views it none
- Carrying costs while it waits
- Taxes, insurance and utilities across the 88 to 103 days it takes to find a buyer and then wait on their lender none
Get an as-is number before you spend on repairs
The order matters. Owners who price the repairs first and the house second often find they have already spent money the sale will never return.
We will give you a written number on an Elmont house as it stands, plus our read on what the repairs would genuinely cost and whether this market would pay for them. No obligation attached, and no call the following week asking whether you have decided.
Common questions
How bad does an Elmont house have to be before you walk away?
We have bought houses that needed taking back to the studs and a few that needed demolition. The scale of the repairs changes the number, not whether we are interested.
Should I get my own inspection?
Not on our account. If you already have a report, show us and it saves a little time. If you do not, spend the money elsewhere, because we will be assessing the repairs ourselves anyway.
Will you ask for a credit for the repairs after the inspection?
No. The repairs are priced into the offer when we make it. A number that moves after the fact is exactly what sellers in this position are trying to get away from, and we know that.
Would I do better making the repairs and listing?
It happens, particularly when the repairs are cosmetic and the Elmont market is moving. It happens less often when the repairs are structural, or when the money has to be borrowed. We will give you an honest read either way.
Can you point me to a contractor if I decide to make the repairs?
Yes. We work with trades across Nassau and Suffolk constantly, and we are glad to point you at people who do good work at fair prices, even when the outcome is that you list the house instead of selling it to us.