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How We Buy Houses In NJ — Our 4-Step Process

From your first phone call to cash in your hand in as little as 7 days. Here’s exactly how it works — and exactly how we arrive at our offer.to follow.

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How The Process Works

Tell us about your property.

Fill out the short form on this page or call us at (973) 576-5519. It takes about 2 minutes. We’ll ask basic questions about the property — address, condition, your timeline, and your situation. There’s no obligation, no fee, and we don’t share your information with anyone else. We won’t put your house on the MLS, we won’t list it as a “coming soon,” and your neighbors won’t know we’re talking.

We Review And Schedule A Quick Walkthrough

Once we have your info, we’ll look at recent sales in your neighborhood, the condition of your property, and what comparable houses are going for. If we think we can help, we’ll set up a quick 15-20 minute walkthrough — usually within 24-48 hours. You don’t need to clean, fix, or stage anything. We’re not buyers off the street; we’re investors and we expect to see houses in their real condition.

You Get A Fair Cash Offer In 24 Hours

After the walkthrough, we’ll send you a written cash offer within 24 hours — usually the same day. We’ll walk you through exactly how we got to the number: what we think the After-Repair Value is, what repairs we estimate it needs, our holding costs, and our margin. We’re transparent about all of it. No pressure to accept, no expiration tricks, no “this offer disappears at midnight.”

Close At A Local Title Company, On Your Timeline

If you accept, we close at a local, reputable NJ title company — often in Wayne, Totowa, or wherever’s most convenient for you. We pay all closing costs. If you want to close in 7 days, we can close in 7 days. If you need 60 days to find your next place, get the kids through the school year, or wrap up the estate — we’ll wait. The day we close, you walk away with cash (wire or certified check, your choice) and we take the keys.

Contact us today to get your offer!

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How We Calculate Your Offer

We get asked all the time: “How do you decide what to pay?” Here’s the honest answer.

Our offer is based on a simple formula:

After-Repair Value (ARV) — Repair Costs — Holding & Closing Costs — Our Margin = Your Offer

  • After-Repair Value (ARV): What your house would sell for once it’s fully fixed up, based on comparable sales in your neighborhood from the last 6 months.
  • Repair Costs: What it’ll actually cost us to bring the house up to retail condition — roof, HVAC, kitchen, bath, paint, flooring, whatever it needs.
  • Holding & Closing Costs: Property taxes, insurance, utilities, and lending costs while we own and renovate the house. Plus title, attorney, and transfer fees on both sides of the deal.
  • Our Margin: What we need to make for the risk and effort to be worth it. We’re a business, not a charity — but we keep margins reasonable, especially in stable NJ markets.

We’ll show you the actual numbers when we present the offer. If our offer seems low, we’ll explain exactly why. If listing with an agent would net you more money and you have time to wait, we’ll tell you that.

Selling Your Wayne Home Can Be A Quick & Easy Process

Peregrine REI buys houses across Wayne and Norther NJ. We’re not agents listing your house — we’re the actual buyers. Because we pay cash from our own funds, we close fast (often in 7 days) and there’s no risk of financing falling through at the last minute.

When you sell to us, you keep more of your money: no agent commissions (typically 5-6% of your sale price), no closing costs (we cover them), no repairs, no inspections you have to negotiate, no buyer financing contingencies. The number we offer is the number you walk away with.

Every day you hold onto a house you don’t want, you’re paying for it — mortgage, taxes, insurance, utilities, maintenance. If you list with an agent and wait 90+ days for the sale to close, those costs add up to thousands. We help you stop the bleeding fast.

Don’t worry about fixing anything or cleaning the house. We don’t care how dirty it is — we’ve seen worse. We don’t care how many repairs are needed. Complete fixer-upper? Even better. Leave whatever you don’t want behind in the basement, the garage, or the attic. We’ll handle all of it after closing.

Get my fair cash offer today →

What does “as-is” mean?

“As-is” means exactly what it sounds like — you sell us the house in whatever condition it’s currently in. Holes in the walls? Fine. Roof needs replacing? Fine. Years of stuff in the basement and garage you don’t want to deal with? Leave it. We’ll handle every repair, every inspection, every cleanup task after closing. You don’t lift a finger and you don’t pay a dime for any of it.

What does an “all-cash offer” mean?

When we say “all-cash,” we mean we’re buying with our own funds — not a bank loan, not subject to financing approval, not contingent on an appraisal. The number on your offer is what arrives in your account (or by certified check) at closing. There’s zero risk of the deal falling apart because a buyer’s mortgage didn’t come through. About 1 in 6 traditional home sales fall through at the last minute because of financing — that doesn’t happen with us.nt you’ll receive at closing.

How fast is a fast closing?

We can close in as little as 7 days from the day you accept our offer. The bottleneck is usually the title company doing the title search and producing clean closing documents — and we use local NJ title companies that know how to move fast. Compare that to 45-90+ days for a traditional sale where you’re waiting on the buyer’s mortgage, appraisal, and inspections.

What if I don’t need a fast closing?

No problem. We work on your timeline. Some sellers want 7 days. Some want 60 days to find their next place, get through tax season, or wait for the kids to finish the school year. Some want to wait until probate finishes. Tell us what works and we’ll lock the closing date in. We’d rather close on your timeline than rush you.

Will I get a lowball offer?

We hear this concern a lot, and it’s fair. Here’s our honest answer: our offer is based on what the house is realistically worth after repairs, minus the work and risk we have to take on. For houses that need major repairs, that means our offer will be lower than the eventual fixed-up retail value — because someone has to do the work and absorb the cost. For houses in good condition, our offer can be very close to retail. Either way, we’ll show you the math. And if a traditional listing would clearly net you more money and you can wait, we’ll tell you that.

Is this even legit?

Yes. We’re a NJ-based real estate investment company that’s been buying houses in Northern NJ for over 10 years. We’re based in Totowa with a physical office at 999 Riverview Drive. You can verify us through the NJ Division of Revenue, look us up on the Better Business Bureau, check our Google reviews, and talk to homeowners we’ve worked with. The “we buy houses” industry has bad actors — we get that. The way you tell the difference is local presence, transparent process, real reviews, and the willingness to walk you through the offer math (which we just did, above). If a buyer won’t do those things, walk away.

Read more about who we are and why we got into this.

See what we can offer you for your house…