Because there's no lender and often no agent commission, a cash sale typically carries fewer costs than a traditional one.
This page is part of the Cash Home Buyers Long Island guide. A cash offer trades some price for speed and certainty — we always show you the honest tradeoff.
What Sellers Typically Pay
New York transfer taxes, any payoff of liens or mortgage, and attorney fees. A cash sale usually eliminates agent commissions and repair costs.
Costs a Cash Sale Removes
No lender fees, no appraisal, no repair credits, and no months of carrying costs while a financed deal comes together.
Know Your Net Up Front
A reputable buyer discloses all costs so you know your net before you sign. Beware anyone who won't — see avoiding scams.
Ask for a written net sheet before accepting. It shows exactly what you'll walk away with after every cost.
Get Your Cash Offer Today
No obligation, no pressure, no commissions. Tell us about your Long Island property and we'll get you a fair cash offer — fast. We serve Nassau County, Suffolk County, and the Hamptons.
Call 646-234-2160 NowFrequently Asked Questions
What are closing costs on a cash sale?
Transfer taxes, lien/mortgage payoff, and attorney fees — usually less than a financed sale.
Do I pay commission?
Typically not in a direct cash sale.
Who pays transfer taxes?
In New York the seller generally pays the state transfer tax; details vary.