Sell My House Fast in New York: We Buy Houses for Cash, As-Is, Any Condition

Most Eagle transactions close in roughly 21 to 42 days. New York closings are customarily conducted by attorneys with both sides represented, which is normal here and is built into that range. The timeline depends on title readiness, liens, water and sewer arrears, mortgage payoffs and the property review. If the property is a co-op, board approval sits outside anyone's control and no honest buyer can promise a date around it. If you have a hard deadline, tell us early and we will say whether it is realistic.

During business hours an initial no-obligation offer is often possible within minutes to a few hours once we have enough information about the property. Some houses need research, photographs or a walkthrough before we can put a number in writing. We would rather take an extra day and give you a figure we can actually perform on.

Probably more than you think. On a home loan your lender generally must send you a notice at least ninety days before starting a foreclosure action, listing free housing counseling agencies and the Attorney General's Homeowner Protection Program hotline, and if a case is then filed the court generally must hold a settlement conference. Call the free counseling first; it is independent of us and it exists for exactly this. The laws section on this page has the detail.

Generally not on a mortgage foreclosure. The right to redeem is normally cut off by the sale itself, which is why everything useful happens before it. In New York a foreclosure has to go through the court, so there is usually considerable time before the sale.

A surplus generally belongs to the former owner, after junior lienholders are paid. In New York it is dealt with through a surplus money proceeding in the court rather than by a clerk paying it out on request. We are deliberately not setting out the procedure or a deadline here, because it varies and getting it wrong would cost you money. If you think a New York foreclosure sale of your property produced a surplus, ask an attorney and ask promptly.

Generally yes. A seller of residential property generally must complete and sign a property condition disclosure statement and deliver it before the buyer signs a binding contract. A lot of published guidance still describes skipping the form and giving the buyer a $500 credit instead, and that is no longer the alternative it used to be, so check it with your own attorney rather than an article. Selling as-is does not change any of this: as-is governs who pays for repairs, not what you may leave unsaid. There are statutory exemptions which we have not set out here, because a half-remembered exemption is worse than none.

The state rate is two dollars for each five hundred dollars of consideration or fractional part of it, which is $4.00 per $1,000 or 0.40%. On a house at the New York median of $547,719 that is roughly $2,190, and the amount rounds up rather than prorating. There is a point in an ordinary seller's favor: for a one, two or three family house or an individual residential condominium unit, and only where the consideration is less than $500,000, the statute excludes the value of a qualifying lien or encumbrance remaining at the time of conveyance, so a remaining mortgage generally comes out of the taxable amount. Both conditions have to hold, and above $500,000 the exclusion does not apply, which catches a lot of downstate sellers. By New York custom the seller pays it, though the contract controls. New York City levies transfer taxes of its own on top of the state rate and we are not going to quote figures for the five boroughs here. Get those from your attorney.

Often not, if it is the home you live in, but this is one to take to an accountant rather than a web page. The federal principal-residence exclusion removes a substantial amount of gain for someone who has owned and lived in the property long enough, and New York starts from your federal figures so that generally flows through. What reduces the gain is your original purchase price plus capital improvements over the years, which people routinely undercount, together with selling costs. Two situations change the answer: an inherited property normally gets a basis stepped up to the value at the date of death, which often leaves very little gain, and a long-held rental generally faces depreciation recapture and may not qualify for the exclusion at all. We are not tax advisers and we are not going to quote you a New York rate, because it depends on where you live and what else you earned.

In practice yes, and it is normal here rather than a sign of complication. New York closings are customarily conducted by attorneys with both sides represented. We would strongly encourage you to have your own attorney before signing anything, including with us.

We look at them, with one honest caveat. A co-op is not real property in the ordinary sense: you own shares in a corporation and a proprietary lease, and almost every sale requires board approval, which the board grants on its own timetable and generally without explaining itself. Flip taxes and transfer fees may also apply. That makes a co-op the one New York situation where nobody, including us, can promise a closing date. Condominiums are more straightforward, though a right of first refusal and common charge arrears can still come into it.

Yes, and this is familiar ground. New York tenancies are strongly protected, and parts of the state operate rent stabilization and rent control regimes that materially affect what a building is worth and what any buyer can do with it. A lease generally survives a sale. What we need early is which units are regulated, the registered rents, the leases in place and whether anyone is behind. A number quoted without that is not one either of us should rely on.

In most cases yes. New York has a great deal of very old housing stock, particularly in Buffalo, Rochester, Syracuse and the older Hudson Valley towns. Knob-and-tube wiring, failing slate roofs, buried or abandoned oil tanks, asbestos, lead paint in pre-1978 property and failing septic systems are all things we buy around. Any of them can stop a financed buyer, because a lender and an insurer have to be satisfied. We do still inspect, so tell us what you know rather than letting the property review find it.

Eagle pays the closing costs, except your share of any transfer tax, and there is no agent commission on a direct sale to us. You do not pay us a fee. What still comes from your side of the settlement is your mortgage payoff and prorated property taxes, along with anything else attached to the title such as water and sewer arrears, judgment liens, mechanic's liens, common charges or probate expenses, and the state transfer tax where custom or the contract leaves it with you. Those are seller obligations rather than closing costs, and they are not interchangeable. The title report and the written agreement set out exactly what applies.

It turns on two things: whether you have the time to wait a sale out, and whether you have the money to put the house right before it goes on. Where both are true, a listing almost always nets more, and in New York right now that case is strong. In August 2026 the statewide median was $547,719, up 5.9% on the year, homes sold in a median of 36 days, 40.8% went above asking and the sale-to-list ratio was 100.9%. New York also gives you a long runway before a foreclosure, so more people have that time than realize it. Where one of the two is missing, a cash sale becomes the better answer and sometimes the only one that closes: a house that cannot be financed or insured, a tenanted or rent-regulated building, an estate that needs settling, repairs you cannot fund, a co-op board problem, or a title defect that has to be cleared before anyone can buy at any price.