CoMax Properties

Many "we buy houses cash" companies in New York and Long Island claim they can buy your house and put cash in your hand in 7 days. Unfortunately, this is just NOT true. Realistically, it takes about 30 days to close an all cash deal in Long Island. While we have closed some deals in less time, this is not the norm. New York is an "attorney state" and statutes require that both the buyer and seller be represented by an attorney. As a result, the process just takes longer. It often take 7-10 days just to get sales contracts signed. Title reports take about 10 -14 days to complete. It can take another week to set up and schedule the closing. We wish it didn't take this long but we want you to know the truth up front. Since we are a local long island company, we know the lay of the land and how things operate here. We do everything we can to get our clients deals closed as quickly and hassle free as possible. Not in a rush? We can always close later and on your schedule.

Great question and we’re an open book. Our process is very straightforward. We look at the location of the property and its current condition. We estimate what it would cost to repair the house into top condition to resell. We then analyze the values of comparable houses that sold recently in the same area and in the same school district. We also consider the current state of the Long Island market and factor in our purchase and sale costs as well as holding costs to buy, renovate and resell the house. We take all of these into consideration and come up with a fair price that works for us and hopefully works for you too. We then make you an all cash, no obligation offer that you can either accept or decline. We like yes's, but no's are totally OK too :-)

Yes, we buy houses with tenants that are good and bad. Dealing with a bad tenant can be an extremely stressful situation, especially when they stop paying rent and have to be evicted. We take the burden off your hands by buying the house with the tenant, so you don't have to deal with the frustrating and lengthy foreclosure process in Long Island. We'll handle everything and you can get back to enjoying your llfe!

In most cases we can give you a no obligation fast cash offer within 24 hours of seeing the property in person. We buy houses FAST! You are then free to see if our offer works for you. If it works great! If not that's OK to, we promise to never hassle you.

Yes, we buy houses in Long Island, NY that do not need repairs. We understand that their may be other reasons that require a homeowner to sell fast and for cash. Give us a call and we can talk about your unique situation and see if we can help. If we cant buy your house we would be glad to see if we can refer you to someone else that might be able to help.

We work with anybody who wants to sell his or her property. While everyone's situation is unique, most people contact us because a house or property that they own has become a burden. Sometimes they can no longer afford the house or maybe they acquired it through an estate. Maybe they need to move due to a job relocation situation and don’t have the time to fix-up their home and wait for it to sell, or they have already relocated and are financing two house payments and need sell one of their houses fast. They could be be going through a divorce, bankruptcy, or are just behind on payments and facing foreclosure and just need some help. Perhaps they tired of dealing with tenants, or dealing with realtors. As direct cash home buyers, our goal is to relieve the seller of the hassle, uncertainty and burden of selling an unwanted house and in the process save them time, money and aggravation. Call Comax Properties and lets talk about how we may be of service to you.

There is absolutely zero obligation for you. Once you tell us a bit about your house, we’ll take a look at it online and do a little bit of research to see if it fits our house buying criteria. We can then schedule a call to chat about your situation and what you are trying to accomplish with the property. In most cases we will come out and take a look at the house and make you a cash offer. If we can put together a win win deal then great. If not, there is no obligation or cost in having us give it a try!

Yes! We buy homes as-is and regardless of their condition. We have bought some Long Island homes that were literally falling down! We are pros at fixing them up and making them the nicest house on the block. We then resell them to local home buyers.

Yes we can. We have helped many Long Island Homeowners sell there homes with little or no equity in their homes. Our buying programs offer many solutions to people with little or no equity. Contact Comax Properties now to talk about your options.

Yes, but you have to be proactive and take action immediately. Please understand that as soon as you miss a couple of mortgage payments, your credit score will start to go down immediately and dramatically. As your home enters the foreclosure process, your credit score will continue to deteriorate. The worst possible and longest lasting impact to your credit score occurs when your home is actually foreclosed upon. After a foreclosure, it can take up to 7 years to restore your credit ratings again. Foreclosure doesn't have to happen. When you avoid foreclosure, you can immediately begin to repair your credit and and have a good score again in a couple of years. Call CoMax Properties at 516-704-7025 if you want to talk about your situation and your options to avoid foreclosure, including selling your house through a short sale.

No, we buy houses from anybody interested in selling a property. We have bought houses from trusts, estates, non-profts, homeowners and even other investors in Long Island. Call us at 516-704-7025 and lets chat about you particular situation and see if we can help.

Yes, we help people who don't live in Long Island or who live out of state all the time. Our goal is always to make the process of selling an unwanted home easy and hassle free. We can also help by recommending local Long Island professionals that can help represent your interests in the sale if you need. In most cases, the attorney that represents you will be able to close the property without you being present.

If you are behind on your mortgage payments or are already in the foreclosure process, NOW is the time to act! The worst thing that you can do is ignore the situation. A foreclosure on your home is the worst outcome for homeowners. However, you do still have options and can be in control of the outcome. In most cases, we are able to help homeowners sell their house before the foreclosure even happens either through a traditional sale, if their is equity in the home or through a short sale. In most cases we can arrange to buy you some time by delaying the foreclosure sale date. Give CoMax Properties a call at 516-704-7025 and we will be glad to talk with you about your particular situation and see if we can help. There is never any obligation or cost.

Absolutely! We buy houses in Long Island that need repairs all the time! In fact, most of the houses we buy need lots of repairs. Don't worry about any level of repairs though, as we can handle anything. We also buy houses with permit and code violations, illegal alterations, un-permiited extensions or decks, no C of O's, tenants who do not pay, etc. etc. We would be glad to speak with you about buying your Long Island house so you do not have to deal with the hassle.

YES! We love paying referral fees. Maybe there is a house that you are aware of that is run down or vacant in Long Island and the owners need to get rid of it? Do you know someone who is tired of being a landlord or needs to sell an inherited house fast, for cash, to settle an estate? Please connect them with us! If we end up buying the property we will pay you no less than $1,500. for the referral!

Yes. Comax Properties has an A+ accreditation rating with the Better Business Bureau in the Long Island/New York Metro Chapter of the BBB

Yes we can, but it usually doesn't make sense for the seller. If your house is currently listed with a real estate broker/agent in Long Island and we bought your house for cash, you would still be contractually obligated (as per your listing agreement) to pay the real estate broker/agent their commission. That is true even if the seller called us direct and did not involve the real estate agent who had listed the property. Please remember when signing any listing agreement that it is considered a legal contract and you can be help to its terms. The length of time that the listing agreement runs is completely negotiable and you do not have to agree to any "minimum" amount of time (3 months, 6 months, etc) that you do not agree with. If your listing expires and the house is still not sold, give us a call before you relist it and lets talk and see if it makes sense for you to sell your house for cash to Comax Properties.

Real estate agents LIST houses and hope that someone buys them. Once you sign a binding contract with them, the realtor shows the house to potential buyers and then takes a percentage of the sale price if they can find you a buyer. Currently, the average time to sell your house in Long Island with a realtor is 6-12 months. Long Island agent’s typically charge 4-5% of the sale price of your home. So on a $400,000 house, you’ll pay between $16,000 - $20,000 in commission. Agents provide a needed service for those that can wait 6-12 months to sell and who don’t mind the hassle of selling this way and are OK with paying the commission. That’s where we’re different: We’re not agents, we’re local cash home buyers. We don’t list houses, we buy houses direct! Since we are the ones actually buying the house from you we can make a decision to buy your house quickly (sometimes even the same day) and be ready to close immediately as we buy houses for cash.

We buy houses everywhere in Long Island and Queens as well. For example, we recently bought a distressed property from an estate in Valley Stream, NY, which we rehabbed and made beautiful again and re-sold last month to a new family. At the same time we were rehabbing two distressed properties on the East End of Long Island in Jamesport, NY and Flanders, NY. When we say, We Buy Houses Fast Long Island, we really mean it!