Ocean City Development

Led by experienced real estate entrepreneur Tom Cafarella, Ocean City Development stands as the single most active home buying business in New England. Based in Wakefield, Massachusetts, the company was founded by three Revere fathers over 10 years ago and continues to operate as a family run business under Tom Cafarella. Drawing on its extensive home buying experience, Ocean City Development strives to provide clients with the most streamlined, convenient home selling experience possible, including arriving at a fair price for all purchases.

Sellers reap the benefits of Ocean City’s streamlined real estate process. For example, sellers have total control over their sale timeline. As the company uses private capital to make purchases, there is no need to wait for bank approval on financing, meaning sales can occur as soon as the owner is ready - or the company will wait as long as the seller needs. This can be convenient for when a seller is unsure of their timeline or wants to take their time finding their next place.

The company also requires no inspections, assuming total risk for whatever work must be done to the property. We truly buy homes in an as-is condition. With the age of a typical New England home averaging 100 years - this is an enormous benefit for the sellers that Ocean City Development works with.

Finally, sellers are free to leave behind any items or pieces of furniture they do not wish to take with them, saving both money and time during the moving-out process. This allows a seller the ease of getting to their next move without the hassle of the moving process