What squatters and holdover tenants have in common
The version that surprises owners most is the holdover tenant who is not a bad person and not obviously a problem. The lease ended, nothing was renewed, life carried on, and now the property cannot be sold on the open market because no document says who is entitled to be there.
That gap alone is enough to end a financed sale. It is not enough to end ours.
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 four-bedroom on Judith Drive. A three-bedroom on Winside Lane. An one-bedroom on Skyline Drive. All of them in Coram, all bought by us.
Coram is roughly 40,220 people in Suffolk County, ZIP 11727, and the housing stock is mostly hi-ranch, ranch, colonial. Around Route 112 and Middle Country Road, most of it is old enough that the mechanicals are on their second or third life. We know which of these streets take water, where the older systems fail first, and what the Longwood and Middle Country school district does to a resale price.
Squatters, holdovers and a Coram buyer's lender
A buyer with a mortgage has to hand their lender a property the lender could take possession of if it ever had to. A house with squatters in it is not that, so financed offers fall away as soon as the occupancy is disclosed.
We buy with our own funds. There is nobody behind us who needs the house empty, appraised from the inside, or documented to a standard the occupancy cannot meet.
Working through Suffolk County occupancy cases
We have bought Suffolk County houses at nearly every stage of an occupancy problem. Before anything was filed, in the middle of a case, and after an owner had spent a year on it and had enough.
What we can give you is a clear read on which parts of your situation are ordinary, what tends to happen next, and who to call. Proceedings in New York are slow and the timeline depends on the court, so nobody should be promising you a date. What we will say is that a difficult occupant has never been the reason we walked away from a seller.
How selling a house with squatters or holdover tenants in Coram works
- 1
You give us the address
The street address in 11727 and a sentence or two about the condition, by phone or the form. No photos needed, and nothing has to be cleaned or repaired first.
- 2
We walk through it once
A single visit by one person, normally under thirty minutes. With a hi-ranch or ranch built when most of Coram was, the roof, heating and electric matter far more to us than the kitchen does.
- 3
You see the number
Within a day you get our offer as one written figure. Get a Suffolk County agent's opinion alongside it if that helps. For a house that could go on the market as it stands, listing may come out ahead, and we will tell you if so.
- 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 83 to 98 days a listed Coram house spends finding a buyer and then waiting on that buyer's mortgage.
If a holdover proceeding has already been started
A pending case does not prevent a sale. It needs coordination between the attorneys, and in many situations the proceeding carries forward after closing rather than the owner having to finish it.
Tell us what has been filed, when, and where it currently stands. Your attorney and ours work out the sequencing between them. Owners are frequently relieved to learn that reaching the end of a holdover case is not a prerequisite for getting out.
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
- $28,750 at 5% of the Coram median none
- Seller closing costs
- About $11,500 on a $575,000 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
- Dumpsters or haulers by the load, ahead of any viewing none
- Carrying costs while it waits
- Taxes, insurance and utilities through the 83 to 98 days a listing takes to sell and close none
Listing a Coram house with an occupant in it
If the occupancy is close to resolving and the property is in decent shape, waiting and listing afterward may net you more. We will tell you when we think that is your situation.
The median house in Coram sold for $575,000 and took about 38 days to go under contract, then another 45 to 60 days waiting on the buyer's mortgage. That is 83 to 98 days in total, for a house that was ready to show on day one. The case for selling to us is when the occupancy has no date on it, which with squatters and holdover tenants is usually the whole problem.
Common questions
Will you buy a Coram 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 Coram house is being sold?
Not from us. There is no sign, no listing and no photographs online. One visit and a private closing.