Squatters & Holdovers

Selling a Roosevelt house with squatters or holdover tenants

Finding out that somebody is living in a property you own, with no current right to be there, is a particular kind of helpless. You own it, you pay for it, and you cannot get in the door.

We buy Roosevelt houses in exactly that state. Squatters, holdover tenants, an occupant nobody can put a name to. You do not have to remove anybody before you sell.

What we see in Roosevelt occupancy cases

Owners describe a surprising variety of the same problem. A tenant whose lease ended two years ago who still sends something occasionally. A relative of a former tenant who stayed after the tenant left. People who moved into a vacant house nobody was watching closely.

We have bought houses out of all of those. The label matters to a court and to your attorney. To us it is a set of facts that goes into the number.

Dealing with squatters or holdover tenants in Roosevelt: back of a cape with debris piled along the wall
Dealing with squatters or holdover tenants in Roosevelt? We buy houses as-is. Pictured: back of a cape with debris piled along the wall.

When squatters mean you cannot get into your own property

The part owners find hardest is the access. You are responsible for the property, the taxes, the insurance and anything that goes wrong inside it, and you cannot simply walk in to look.

We do not ask you to. We will not request that you force entry on anybody, and we do not make an interior inspection a condition of the offer. We price what we can see, assume conservatively about the rest, and tell you exactly what we assumed.

Why local knowledge changes the number

A house on Lincoln Avenue. In Roosevelt, bought and paid for by us.

Roosevelt is roughly 18,066 people in Nassau County, ZIP 11575, and the housing stock is mostly cape cod, colonial, ranch. Around Nassau Road and the Meadowbrook State Parkway, most of it is old enough that the mechanicals are on their second or third life. We have been buying across Nassau County for 15+ years. We know what the Roosevelt Union Free 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.

Squatters, holdovers and a Roosevelt buyer's lender

There is also what a listing does to the situation itself. Photographs online, a sign on the lawn in Roosevelt and strangers arriving on weekends is not a sensible way to handle a property with squatters in it.

We do none of that. One conversation, a written number, and nothing that announces anything to anybody.

How we help Roosevelt owners with squatters or holdovers

The first thing worth having is a landlord-tenant attorney who does this work regularly, and we know who they are on Long Island. Whether you sell to us or not we will make that introduction, because the law here is specific and good advice early changes what the situation costs you.

The second thing is a genuine option. We buy houses with squatters and holdover tenants in place, close on your date, and take the occupancy on ourselves. You are not asked to resolve anything first.

How selling a house with squatters or holdover tenants in Roosevelt works

  1. 1

    You tell us about the house

    An address in 11575 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. 2

    We come and look at it

    One visit, one person, usually under half an hour. On a cape cod or colonial of the age most of Roosevelt was built, we are mainly looking at the roof, the boiler and the electric rather than the kitchen.

  3. 3

    We put a figure in writing

    You have a written number within 24 hours, a single figure rather than a "somewhere around". Feel free to check it with a Nassau County agent. When a house is ready to list as it is, listing can beat us, and we would rather you knew.

  4. 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 96 to 111 days a listed Roosevelt house spends finding a buyer and then waiting on that buyer's mortgage.

Selling a Roosevelt house in the middle of a case

Owners who have already started a holdover case often assume they are committed to seeing it through. Usually they are not committed to seeing it through personally.

We have taken houses on mid-proceeding more than once. The costs and the waiting from that point become ours. What matters for the offer is an accurate picture of where things stand, including anything that has not gone your way, because surprises late in a deal help nobody.

What you do not pay when you sell a house with squatters or holdover tenants

Each of the following comes with a retail listing of a house with squatters or holdover tenants, and none of it comes with ours.

Agent commission
$29,935 at 5% of the Roosevelt median
none
Seller closing costs
About $11,974 on a $598,693 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 across the 96 to 111 days it takes to find a buyer and then wait on their lender
none

The comparison, made honestly

The median house in Roosevelt sold for $598,693 and took about 51 days to go under contract, then another 45 to 60 days waiting on the buyer's mortgage. That is 96 to 111 days in total, for a house that was ready to show on day one. That assumes a property that shows well and can be handed over empty. A house with squatters in it can do neither, which is why these listings tend to sit and then sell to a cash buyer anyway.

You can start at that point rather than arrive at it in four months with days on market attached to the house.

Common questions

Will you buy a Roosevelt house with squatters in it?

That is work we do regularly. Tell us what you know about who is in there and how long they have been there, and we will put a written number on the house.

My tenant's lease ended and they will not leave. What now?

You have options and one of them is selling the house with the holdover tenants still in it. Proceedings in New York are slow and the timeline depends on the court, so knowing what the house is worth with the holdover tenants in place is useful information while you decide.

How long does it take to get somebody out?

Nobody should hand you a number. It depends on the court, on the specifics, and on things outside anyone's control. A landlord-tenant attorney who works in your county will give you the most realistic read available, and we can introduce you to one.

Do you need to get inside before making an offer?

No. We make offers on houses we have not been inside regularly, and we will not ask you to force access on anyone. We price conservatively where we cannot see and say clearly what we assumed.

Will the neighbors know the Roosevelt house is being sold?

Not from us. There is no sign, no listing and no photographs online. One visit and a private closing.

Call us Get my Roosevelt offer