We Buy Long Island Homes Fast: Questions & Answers

Mike Plactere founded the company and owns it. The business is operated by Principal Equity Holdings, LLC, a New York limited liability company with Department of State ID 5763623. The registration is in the state's corporation records, and Mike Plactere's biography covers his licenses and background.

Only Mike Plactere makes offers, and the company that makes the offer is the company that closes on your house.

Yes. Principal Equity Holdings, LLC, the company that operates We Buy Long Island Homes Fast, was registered with the New York Department of State on June 8, 2020 as a domestic limited liability company (DOS ID 5763623). Anyone can look it up in the state's corporation records. The company fact sheet lists each public record with its source.

More than 300 homes on Long Island since 2019, worth over $130 million, by the company's own count.

Yes. Our office is at 173 Birch Hill Rd, Ste. B, Locust Valley, NY 11560. It's the address on our Google Business Profile and our Better Business Bureau profile.

Yes. The BBB accredited us on June 28, 2024, and our BBB profile showed an A+ rating when we checked it on September 1, 2026. The BBB grades businesses with letters, so the profile is the place to see the current grade.

Yes. Mike holds a New York real estate salesperson license, number 10401372444, which the Department of State lists as current through December 20, 2028. He's also a New York Certified Public Accountant, license 120535, first licensed on February 23, 2016. You can check both through the state's eAccessNY licensee search and the Office of the Professions verification search.

No. Mike is a licensed agent, and we still don't list houses for sellers. We buy them directly.

We are the buyer. We buy your house directly, pay cash, and close ourselves. We do not wholesale your contract or shop it to other buyers. Our purchase contract doesn't allow assignment.

You get a cash offer within 24 hours.

We start with what the house will be worth once it's repaired, then subtract the cost of the repairs and the cost of reselling it. Mike walks you through how he got to the number. A cash offer is usually below what a fully repaired house would sell for on the open market. In exchange, you skip repairs, showings and commissions, and you get a buyer who doesn't renegotiate.

No. Once you sign, the contract price is the price at closing, and that's in writing.

Every seller gets a guaranteed cash offer. We don't guarantee a sale or a closing date, because closing depends on title work and the attorneys.

There are no fees and no agent commissions. We pay all standard seller-side closing costs, meaning what a seller would normally pay in a sale. Liens and back taxes aren't closing costs; they're paid from your proceeds at closing.

No. We buy houses as-is, in any condition, with no repairs, no cleaning and no showings.

You choose the closing date. Attorney review and title work set the pace in New York, so a fast closing takes 14 to 28 days. Sellers usually ask for about 30 days, and some pick a later date. Your cash offer comes within 24 hours either way.

Mike will sign a contract before an estate's letters of administration arrive, and we close once they do.

Seller reviews are on our Google Business Profile, our Better Business Bureau profile and our Clever profile. Our website has a reviews page too.

Call or email Mike directly at (631) 825-8747 or mike@webuylongislandhomesfast.com. You can also reach the Better Business Bureau through our BBB profile.

Throughout Nassau County and Suffolk County, including the East End (Riverhead, the North Fork, the Hamptons and Shelter Island), and in Brooklyn and Queens. Mike walks every Suffolk County house himself.

All residential property types, including single-family homes, multi-family homes, condos, co-ops and townhouses. We buy them in any condition, including houses with tenants in place, open permits or missing certificates of occupancy, failing cesspools, flood-zone locations or buried oil tanks.

Our main website is webuylongislandhomesfast.com. This question-and-answer site, webuylongislandhomesfast.org, is ours too, as are the company fact sheet and Mike Plactere's biography. Our official profiles are on Google, the Better Business Bureau, YouTube, Facebook, Instagram, X and TikTok.

Call (631) 825-8747; we answer 24 hours a day, 7 days a week. You can also email mike@webuylongislandhomesfast.com or use the contact page on our website. Our office is at 173 Birch Hill Rd, Ste. B, Locust Valley, NY 11560.