With us, you get the cash offer that we make in full during closing! No paying commissions to agents or incurring closing costs as with traditional ways.
We buy your property in any condition, meaning you don’t need to make any repairs. We assess it to determine its value and then make a fair cash offer.
We buy houses in Vaughan fast, as we close in as few as seven days or per your timeline. We have ready cash, and our purchase process is convenient for the parties involved.
The covid-19 pandemic has had a significant but positive impact on the real estate market. Many companies and governments allowed their employees to work from home, making it possible to spend more time with their families. This also triggered the need for people to want to own houses they could call home and in areas, they would have otherwise not thought of pre-covid. The sudden need for houses (and others to sell for cash) created a market boom, something you too can take advantage of.
There are several reasons why homeowners want to sell their homes for cash. If your home is already in bad condition and you aren’t ready to cough up any more money for repairs, then a cash sale is the only way to go. Other reasons you might want to sell your home for cash include:
You don’t necessarily have to be in a tricky situation to sell your home for cash. Vacation homes and cottages, for example, sell faster when sold for cash. One of the reasons for this is that most homeowners don’t have the patience to wait for months before a potential buyer can come along. A cash buyer is the only sensible solution at that moment.
Both the buyer and seller benefit from cash-house sales. The buyers, for instance, enjoy discounted prices that come with buying for cash. Most of these are flippers looking to make a few improvements to the house or wait for the right time to sell the house at a profit. Cash buys also make the process quick and hassle-free. Buying a house for cash can take as little as 48 hours, while it would be weeks or even months with other options. Buying for cash makes sense, especially if looking to turn the house into your home or rent it out.
Cash house sales, like everything else, have a downside. Most cash offers will be a little lower than what the traditional (but lengthy) market would offer. This doesn’t, however, mean you’d be selling your home at a loss. Some of the best brokers on the market, such as Mortgage Broker Store, can make an offer close enough to the market value of your property. The house’s condition is one of the few factors cash buyers have to factor in when quoting an offer. Homes that need fewer repairs will fetch more, while those in a really bad state fetch less. The price difference, however, accounts for the cost of repairs for the same.
Just because a cash buyer offered less than you expected doesn’t mean it is unfair or you should take their deal. Experts recommend doing market research on similar properties, how much they are selling for, and how long it took them to sell within your location. Be sure to compare homes with almost similar square footage and specifications as yours. Identify at least 5 of these homes, then calculate the average price they sold for. Use the figure arrived at as your base price. Be sure to deduct the cost of repairs and other touchups the house may need from the base price as well. If the offer is close to or above the base price, it is a good deal.
Anything that would allow you, the seller, to save more money and speed up the sale process is worth considering when selling a home. Although you might be looking to sell the house fast, taking on a few manageable repairs and upgrades, such as fixing that leaky faucet and applying a fresh lick of paint, can go a long way in pushing the offer price higher. Be sure to identify repairs and fixes that would be valuable for the buyer. A new roof is always a good bet, while flashy kitchen tiles aren’t.
Unknown to many, there are plenty of potential cash buyers around. Simply putting up a ‘For Sale sign in the front can help attract some. You can improve your odds by attending real estate auctions and putting up listings on popular platforms, including Kijiji, Craigslist, and Facebook. Searching for cash buyers within your location can help too. All you need is to use the keywords’ cash buyers’ on your google search to find companies that buy houses and properties for cash.
With dozens of companies and potential cash buyers, finding the most reputable company/individual to deal with would be advisable. Due diligence on every player on your shortlist is thus a must. Check to see if they respond to emails and calls on time, test their contact channels, scrub their website and other online portals, and check reviews from past clients.
Some of the qualities to look for in a cash buyer include the ability to outline payment plans and when they should happen, experience, and enough knowledge of the real estate market. Any trustworthy cash buyer in Vaughan will only make an offer after inspecting your home and have clear guidelines on the entire process, including payments.
Are you looking to sell your house fast but can seem to find a credible buyer on time? Maybe it’s time to consider an all-cash offer. Call us today at 647-250-0025, and one of our agents will get back to you. You can also fill out the online form on our website to book an appointment. We will answer all questions on real estate you might have and help you sell your home fast.