Facing a sheriff sale date or a probate deadline?Call or text (973) 520-0243 now, we answer 7 days a week.
New Jersey › Our Company

A New Jersey home buyer you can meet, on Riverview Drive in Totowa

Peregrine REI is a small, local real estate investment company. We buy houses directly from owners across New Jersey, for cash, in whatever condition they're in. No franchise, no call center, no out-of-state investors deciding what your street is worth.

Founded 2015Totowa, Passaic CountyAll 21 NJ countiesNot a brokerage
Peter Koukounas, founder of Peregrine REI, Totowa NJ
Founder

Meet Peter

Peter Koukounas started Peregrine REI in 2015 and still handles every offer himself. When you call, you talk to him.

I was born and raised in New Jersey and I've been buying houses here since 2015. Most of them were the kind that don't work for a normal listing: an estate house with four decades of belongings, a two-family with a tenant who stopped paying, a split-level with a roof past saving, a house three weeks from a sheriff sale.

Early on I noticed that the people selling those houses were rarely getting a straight answer from anyone. The national “we buy houses” companies gave them a number over the phone and cut it after the inspection. Agents told them to spend money on repairs they didn't have. I started Peregrine REI to be the buyer who shows the math, keeps the number, and tells people when they shouldn't sell to me.

Ten years in, that's still the whole business model. I know how the surrogate's offices in Passaic, Bergen and Essex run, which towns require a certificate of occupancy before closing, and which title companies can actually close in a week. When you call, you get me or someone I trained, and you get the same answer on day one that you get at the closing table.

Peter · Founder, Peregrine REI · (973) 520-0243

What we promise every seller

Five things. If we ever break one, call Peter directly and say so.

01
A written offer in 24 hours
After one walkthrough, with the math shown line by line.
02
Close in as little as 7 days
Or on the date you choose. Cash, so no lender can hold it up.
03
We pay the closing costs
No commissions, no fees, no surprises on the settlement statement.
04
An honest fit assessment
If listing nets you more and you have time, we'll say so on the first call.
05
More than one option
Fast cash, a later close, staying after closing, or a referral to an agent. You pick.
A New Jersey house we bought and renovated

How we make money, plainly

We buy below full retail value, then fix the house and sell or rent it. The difference between what we pay you and what the renovated house is worth covers the repairs, the months of carrying it, the cost of selling it, and our profit. That's the whole model, and it's why we can show you every line of the offer.

What you get in exchange for a lower price: no commission, no repairs, no cleanout, no showings, no appraisal or financing risk, and a closing date you control. For a lot of houses and a lot of situations, that trade is worth it. For some it isn't. See the offer breakdown and decide with real numbers.

We are not a real estate brokerage and we don't list houses. We don't charge sellers anything, ever.

Where we are

Peregrine REI LLC
999 Riverview Drive
Totowa, NJ 07512
(973) 520-0243
sales@peregrinerei.com
Mon–Sat 8am–8pm, Sunday by appointment

Where we buy

Every county in New Jersey. Most of our closings are in Passaic, Bergen, Essex, Morris, Union and Hudson, within about 30 minutes of the office, but we've bought from Sussex to Cape May.

How to check us out

Ask for proof of funds before you sign anything; we'll send it. Look up Peregrine REI LLC in NJ's business registry. Ask for the name of the title company we'll use and call them. Every legitimate buyer should pass all three.

Talk to Peter about your house

Ten minutes on the phone, a written offer within 24 hours, and a straight answer either way.