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  • How to Stop Power of Sale in the Toronto Area?

    How to stop Power of Sale in Toronto Ontario?

    GTA House Buyers Helps a Lot of Home Owners Stop Power of Sale in Toronto, Ontario.

    We help most people before the bank takes possession, but we’ve also helped people after the bank has sent the Sheriff to change the locks and evict the home owner. It all depends on when the seller has contacted us. I highly recommend calling GTA House Buyers as soon as you think you might fall behind on payments. With our lawyers we have negotiated a lot of discounts for home owners… we get reductions from lenders on fees, penalties and interest… and occasionally we get discounts off the mortgage principal owing… but it all depends on the lender and the situation.

    NOTE: Power of Sale is commonly referred to as foreclosure, but in the Toronto area its technically Power of Sale.

    Ok… There are two main ways we help home owners to stop power of sale or foreclosure. One, we buy your house. And Two… we give you a loan.

    Method #1: We Buy your house

    If the bank starts the power of sale process there are A LOT of costs: interest, penalties, lawyers fees. And the bank’s lawyers are expensive!

    When the bank hires a Sheriff to evict the owner from the house and the bank takes possession, then there are MANY MORE costs: sheriff fees, cleaning, repairs, property management fees, realtor fees.

    In the Power of Sale process there are a lot of costs that are outside of your control. The sooner you decide to sell, then the less costs you will have.

    GTA House Buyers and our lawyer have negotiated many times with banks and private lenders to reduce the amount owing on mortgages. So if a lender gives you a statement with a large balance owing, there may be options to reduce that amount owing.

    When would a lender be likely to reduce the amount owing on your mortgage?

    1.  Slow market. If houses in your area are taking a long time to sell, then lenders don’t want to take possession. A slow market is obvious during a recession or if the government changes rule and cause a slow down. But it can happen in specific towns, neighbourhoods and condo buildings. Maybe there is just too much inventory and not enough buyers in your area.
    2. You are behind on property taxes or income tax. These taxes get paid out first when a house sells, before the the mortgage gets paid out.
    3. Your house needs a lot of renos. When a house needs a lot of renovations, then the value is not clear… and its definitely lower than if the house is in great condition. It can take a lot of money, time and effort to renovate and increase the value. Renovations don’t always go according to plan and the contractors who are hired to do renovations don’t always stay on time and on budget. So there are a lot of risks.

    4. Low equity. A house may have low equity because it has problems and needs renovations or repairs. Or if you bought recently and paid a small down payment, then there is probably little equity. If house prices have dropped in your area, then maybe you have negative equity.

    If the lender sees a couple of these problems, then they may be willing to negotiate and lower the money you owe them. It helps to have an experienced buyer, such as GTA House Buyers, who also have an experienced lawyer and who give you a strong firm offer to purchase with a fast closing.

    Example #1: House in Whitby, Ontario

    Power of Sale house back yard with lots of weeds Power of Sale house-basement disaster

    The seller contacted me to buy their house, I saw the house, then gave them an offer and they OK’d the agreement. But days later I couldn’t reach the seller on their phone for a couple days. I ended up going by and saw that the lender had taken possession of the house. They had a notice on the front door. Apparently the Sheriff had come and changed the locks and evicted them. The sellers never told me that they were this far down the path of Power of Sale. But not to worry… we bought the house fast and got the seller back in so they could take their belongings. We even paid for a moving truck and a helper for their move.

    But… this house needed a lot of renovations. There was water damage in the basement and pets had stunk up the house. So the 1st mortgage lender did reduce a couple thousand dollars of the penalty fees and interest. The first mortgage lender was a trust company… not one of the big 5 Canadian banks… I’ve noticed these smaller lenders tend to be more negotiable and flexible.

    Example #2: Scarborough/Toronto Grow-Op House

    Another example is a house we bought in the Scarborough area of Toronto. The house had been used as a marijuana grow up and had been busted by the police. When the city finds out about a grow-op that means a parade of city inspectors, engineers, and environmental consultants have to come through the house at every step in the renovations to ensure it’s cleaned up and safe. It’s EXPENSIVE to renovate one of these houses and pay all the fees to the city and consultants. The value of this house nose-dived the day the police busted it. It turns out there was a second mortgage on the house that was in default… well do you think the second mortgage lender reduced some of the money owing to them. They sure did! The lender took some of their money owing… which is better than none! Second mortgage lenders are easier to negotiate with because they are in a riskier position.

    stop-power-of-sale-master-before stop-power-of-sale-master-after stop-power-of-sale-bar-before stop-power-of-sale-bar-afterExample #3: House in Oshawa, ON

    There was a house we bought in Oshawa where the mortgage lender reduced principal. Yes, the lender did a short sale… which is very rare in the Toronto Area. No, it wasn’t one of the Big 5 Canadian banks, but it was a nationally recognized bank. No, I don’t want to say the bank’s name publicly… I’m sure they don’t want to get a reputation for reducing the mortgage amount owing. But the house was cluttered and needed renovations. Also, the house sellers  hadn’t paid property taxes in YEARS and taxes equaling about 7% of the property value were owing. So the lender was in a difficult position because there was little equity in the house. The result is that the bank reduced the mortgage amount owing to get the house sold FAST.

    Can You Stop a Power of Sale in Ontario?

    Yes. In most situations, yes. But how many options you have depends almost entirely on how early you act.

    Power of sale is what Ontario calls its version of what most people know as foreclosure. The two terms are used interchangeably by most homeowners, but there is a meaningful legal difference: in a power of sale, you retain the right to whatever equity is left in the property after the lender recovers what they are owed. In a foreclosure (used in some other provinces), the lender takes everything. Ontario has operated primarily under power of sale rules for decades, which is meaningfully better for homeowners facing mortgage default.

    How the Power of Sale Process Works in Ontario

    Power of sale in Ontario is governed by the Mortgages Act, R.S.O. 1990. When you miss mortgage payments, your lender does not immediately take your home. The process moves through defined stages, and at each stage you have options.

    The process begins with missed payments and lender contact. If payments continue to be missed, the lender’s lawyers will issue a formal Notice of Sale Under Mortgage. This document starts a redemption period, during which you have the legal right to reinstate your mortgage by paying all arrears, interest, and accumulated legal costs in full. If the arrears are paid during this period, the power of sale process stops.

    Once the redemption period expires without payment, the lender can list and sell the property. At that point, the costs have grown considerably and your options have narrowed.

    When Intervention Is Still Possible

    The honest answer: intervention is possible at almost every stage of the power of sale process, but it gets more expensive and more complicated the longer you wait.

    The best time to act is the moment you realise you are going to miss a payment. The second-best time is right now, whatever stage you are at. If you have received a Notice of Sale but the redemption period has not expired, you still have full legal rights and meaningful options. If the redemption period has passed but the lender has not yet listed, a fast private sale can still stop the process. Even after a listing, there may be options depending on where the sale stands.

    Common Mistakes Homeowners Make

    The most expensive mistake, by far, is waiting. Many homeowners are overwhelmed or embarrassed and delay dealing with the situation. Meanwhile, lender legal fees, interest, and penalties accumulate and are added to the amount you owe. These costs can add tens of thousands of dollars before the property ever reaches a listing.

    A second common mistake is assuming the lender will wait or negotiate on their own without any prompting. Lenders have legal timelines they follow and financial motivations to move the process forward.

    A third mistake is not knowing what options exist. Many homeowners do not realise they can sell the property themselves before the lender lists it, or that a cash buyer can close quickly enough to stop the process entirely and preserve their equity.

    The Power of Sale Timeline in Ontario

    Knowing where you are in the process determines what options you have. Here is how the power of sale process typically unfolds in Ontario, and what you can do at each stage:

    1. Stage 1: Missed Payments You miss one or more mortgage payments. Your lender contacts you. No legal action has started. This is the stage where your options are widest. A conversation with your lender about repayment may resolve the situation before it escalates.
    2. Stage 2: Demand Letter Your lender sends a formal demand for repayment. This is not yet the official legal notice, but it signals that the process is moving. Get independent legal advice and contact GTA House Buyers now if you want to understand all your options.
    3. Stage 3: Notice of Sale Under Mortgage The lender’s lawyers issue a formal Notice of Sale Under Mortgage under the Mortgages Act. This starts the redemption period. During this window, you have the legal right to stop the process by paying all arrears, interest, and legal costs in full. If you cannot pay the arrears, this is the stage to explore a fast private sale or refinancing.
    4. Stage 4: Redemption Period Expires If arrears are not paid during the redemption period, the lender can proceed to list the property. This is the last practical opportunity to complete a private sale before a public listing. Acting at this stage with a cash buyer who can close in days may still stop the process and preserve your equity.
    5. Stage 5: Property Listed by Lender The lender lists the property, typically through a real estate agent. Accumulated costs have grown significantly by this point. The sale proceeds pay out the mortgage balance and all costs first. Any remaining equity is returned to you, but the longer the process ran, the less you receive.

    The Bottom Line on Timing

    Every stage from Stage 1 to Stage 3 is better than Stage 4 or 5. The earlier you contact us or an independent lawyer, the more options are available and the lower the costs. If you are not sure what stage you are at, call us at (647) 848-7790. We will tell you honestly where things stand and what a realistic option looks like.

    Four Options to Stop a Power of Sale in Ontario

    There are four main paths homeowners take to stop or avoid a power of sale in Ontario. The right one depends on your equity position, how much time you have, and your financial situation.

    Option 1: Pay the Arrears and Reinstate Your Mortgage

    The most direct way to stop a power of sale is to bring the mortgage back into good standing by paying all missed payments, accumulated interest, and legal costs. If you can do this before the redemption period expires, the process stops immediately.

    Some lenders will consider a formal repayment arrangement if you can show that your financial situation has stabilised and that you have a realistic plan to maintain future payments. Not every lender will negotiate and not every situation qualifies. A mortgage broker or real estate lawyer can represent you in these conversations more effectively than going to the lender alone.

    Option 2: Refinance the Property

    If you have equity in the property, refinancing may be possible even with a damaged credit history. A new mortgage pays out the existing one, which stops the power of sale immediately.

    Traditional banks are unlikely to approve refinancing while power of sale proceedings are active. Private lenders and mortgage investment corporations (MICs) take a different approach and base decisions primarily on the equity in the property rather than credit score alone. The trade-off is a higher interest rate. If refinancing is your preferred path, a licensed mortgage broker who works regularly with private lenders is the right person to speak with. They can assess your equity position and identify options that a bank would not offer.

    The Financial Services Regulatory Authority of Ontario (FSRA) licenses and regulates mortgage brokers in Ontario. You can verify a broker’s credentials through their public registry before engaging anyone.

    Option 3: Sell the Property Before the Lender Does

    This is the option GTA House Buyers directly helps with. If reinstating the mortgage is not possible and refinancing is not viable or would not improve your situation, selling the property yourself before the lender lists it gives you control over the outcome and typically puts more money in your pocket.

    When the lender manages the sale, their goal is to recover what they are owed. The accumulated costs come off the top before you see anything. When you manage the sale yourself, you choose the buyer and the price, and the proceeds go directly to paying the mortgage and returning your equity to you.

    A cash buyer like GTA House Buyers can close a transaction in days. We have purchased homes from homeowners in Toronto, Scarborough, Vaughan, Peterborough, Newmarket, and across Ontario while power of sale proceedings were active. In some situations, working with our legal team, we have been able to negotiate a reduction in the accumulated lender fees. This depends entirely on the lender and the specifics of the file and cannot be guaranteed.

    If a fast cash sale is something you want to explore, call us at (647) 848-7790 or fill out the form on this page. We will make an offer within 24 hours.

    Option 4: Get Independent Legal and Financial Advice

    Regardless of which option you pursue, you should have independent advice from professionals who represent your interests, not the lender’s.

    The Law Society of Ontario referral service can connect you with a licensed real estate lawyer if you do not have one. Initial referral consultations are typically low cost.

    A caution: be wary of anyone who contacts you unsolicited about your power of sale situation, asks for large upfront fees, or makes guarantees about stopping the process. Legitimate professionals and buyers do not operate that way.

    Cities Where GTA House Buyers Helps Homeowners Stop Power of Sale Before Listing

    GTA House Buyers has been purchasing properties from homeowners in power of sale situations across Ontario since 2003. From the time you first reach out to the time we make a cash offer is 24 hours. From offer to closing can be as few as 7 days.

    The cities below are where we receive the most inquiries specifically about stopping power of sale before a lender listing. If your city is not listed here, call us anyway. We buy houses across all of Ontario.

    Stop Foreclosure in Toronto

    Toronto has some of the highest residential property values in Canada. For homeowners facing power of sale, that is actually an advantage. High property values typically mean significant equity, and equity gives you options.

    The greater the equity in your property, the more leverage you have in the process. A homeowner with $400,000 in equity has very different choices than a homeowner who is underwater. In Toronto, we regularly work with homeowners across every neighbourhood who have fallen behind on payments despite having substantial equity in their properties. A job loss, a health event, a divorce, or a business disruption does not care how much equity you have.

    A fast private sale in Toronto, completed before the lender’s listing goes public, preserves far more of that equity than a lender-managed power of sale sale. The lender’s costs, accumulated through the legal process, come directly off your equity before you receive anything. The sooner the process is stopped, the less those costs grow.

    GTA House Buyers has purchased detached homes, semis, townhouses, and condos in Toronto under power of sale circumstances. We can make a cash offer within 24 hours and close on a timeline designed to stop the process before the property goes to public listing. Call (647) 848-7790 for a no-obligation conversation.

    Stop Foreclosure in Scarborough

    Scarborough is part of Toronto but operates very much as its own community with its own housing characteristics. The stock is largely older, with many bungalows and raised bungalows from the 1960s and 1970s that have appreciated significantly over the decades. Many Scarborough homeowners who purchased even 10 to 15 years ago carry substantial equity in homes that are worth considerably more today than when they were bought.

    Scarborough homeowners facing power of sale are often dealing with situations that are temporary: a missed income period, an unexpected expense, a mortgage renewal at a higher rate. The underlying equity is still there. A fast private sale captures that equity before accumulated lender costs erode it.

    GTA House Buyers has direct experience buying homes in Scarborough under power of sale circumstances. We know the community, we work quickly, and we have seen situations as complicated as grow-op properties and extended legal disputes get resolved with the right buyer and the right approach. Call (647) 848-7790 or fill out the form on this page if you are looking to stop foreclosure in Scarborough.

    Stop Foreclosure in Vaughan

    Vaughan has been one of the fastest-growing cities in Ontario for two decades. Property values in Woodbridge, Maple, Kleinburg, and the areas surrounding the Vaughan Metropolitan Centre have climbed sharply. Many Vaughan homeowners who purchased in the 2000s or 2010s now sit on significant unrealised equity gains.

    When a Vaughan homeowner falls behind on mortgage payments, that equity is what is at stake. A fast private sale preserves it. A lender-managed power of sale listing depletes it through accumulated costs over the months the process runs.

    The Vaughan market has historically attracted strong buyer demand, which means a private sale can close efficiently when the right buyer is involved. GTA House Buyers has purchased homes throughout York Region and Vaughan. We can make a cash offer within 24 hours and structure a closing that stops the power of sale before the redemption period expires or before a public listing goes live. If you need to stop foreclosure in Vaughan, call (647) 848-7790 now.

    Stop Foreclosure in Peterborough

    Peterborough is a smaller city about 90 minutes northeast of Toronto with a different property market than the GTA. Values are lower, which means homeowners may have less equity to work with. That makes timing even more critical. In a smaller market, every month of accumulated lender costs represents a larger percentage of the equity that remains.

    Properties in Peterborough that go through a full lender-managed power of sale can also take longer to sell than comparable GTA properties, and a longer listing period means more costs. A fast private sale, even at a price below what a traditional listing might achieve in ideal conditions, often returns more to the homeowner than waiting for the lender to run the process to its conclusion.

    GTA House Buyers operates across Ontario, including Peterborough and the surrounding communities. We have purchased rural and suburban properties, older downtown homes, and properties in various states of condition. Distance from the GTA does not affect our ability to move quickly on a cash purchase. If you are facing foreclosure in Peterborough, call (647) 848-7790 or fill out the form on this page.

    Stop Foreclosure in Newmarket

    Newmarket is a York Region town roughly 50 kilometres north of Toronto along the 400-series highway corridor. It has grown significantly as commuter demand pushed buyers further north of the city. Many Newmarket homeowners purchased during periods of rapid price appreciation and carry large mortgages relative to earlier purchase prices but have also seen their equity grow as values rose.

    When a Newmarket homeowner runs into financial difficulty, the power of sale timeline is the same as anywhere else in Ontario but the local market dynamics affect how things play out. York Region properties attract buyer interest, and a private sale before the lender’s listing stage is often achievable when a motivated cash buyer is involved.

    We have purchased homes in Newmarket and throughout York Region for over 20 years. If you need to stop foreclosure in Newmarket before the property reaches a public listing, call (647) 848-7790 now. A cash offer within 24 hours and a closing timeline that works around the power of sale process are what we bring to the table.

    Frequently Asked Questions About Power of Sale in Ontario

    How long do I have to stop a power of sale in Ontario?

    Under the Mortgages Act, residential homeowners are entitled to a redemption period following the issuance of a Notice of Sale. During this period, you have the legal right to reinstate the mortgage by paying all arrears, interest, and accumulated legal costs. The exact duration depends on the mortgage terms and when the notice was issued. Once the redemption period expires, the lender can proceed. This is why acting immediately after receiving a Notice of Sale is critical. The window exists, but it closes.

    Can I sell my home while a power of sale is underway?

    Yes. You retain the legal right to sell your property until the lender completes the power of sale. A private sale before the lender lists the property allows you to control the terms, choose the buyer, and typically receive significantly more of your equity than a lender-managed sale returns. GTA House Buyers specifically helps homeowners in this situation. We can make a cash offer within 24 hours and close fast enough in many cases to stop the process before a public listing.

    What happens if I ignore a Notice of Sale?

    Ignoring a Notice of Sale is the most costly thing you can do. The redemption period continues to run whether you respond or not. Lender legal fees, interest, penalties, and carrying costs accumulate and are added to what you owe. Once the period expires, the lender can list and sell the property. By that stage, accumulated costs may consume most or all of your equity. Doing nothing does not make the situation go away. Contacting a lawyer or a cash buyer immediately gives you options that disappear if you wait.

    Can a cash home buyer stop a power of sale?

    In many cases, yes. A cash buyer can close a property transaction in days rather than months, which may be fast enough to complete the sale before the lender proceeds to a public listing. When GTA House Buyers purchases a property in a power of sale situation, the mortgage is paid out from the proceeds at closing, which stops the lender’s process. In some situations, our legal team has also been able to negotiate a reduction in accumulated lender fees, which means more equity returned to the homeowner. Each situation is different and results cannot be guaranteed.

    Can I stop foreclosure in Toronto if I have already received notice?

    Yes. Receiving a Notice of Sale starts the redemption period, not the end of your options. During that period, you can still pay the arrears, refinance, or sell the property. If you are in Toronto or anywhere else in Ontario and have received a Notice of Sale, the most important step is to act immediately. Call a real estate lawyer to understand your legal position and contact GTA House Buyers at (647) 848-7790 if a fast cash sale might be the right path. Acting within days of receiving notice is dramatically better than waiting.

    What is the difference between power of sale and foreclosure in Ontario?

    In Ontario, power of sale is the standard process used when a homeowner defaults on their mortgage. Foreclosure, the term most people know from American media, is a different legal process used in some other Canadian provinces. The key practical difference: in a power of sale, you keep the right to whatever equity remains after the lender recovers what they are owed including all costs. In foreclosure, the lender can end up with everything. Ontario’s power of sale process is meaningfully better for homeowners than foreclosure proceedings in other jurisdictions.

    What happens to my equity in a power of sale?

    You keep whatever is left after the lender is paid out. The sale proceeds cover the mortgage balance first, then all accumulated legal fees, interest, penalties, carrying costs, and other allowed charges. What remains after all of that goes to you. The problem is that every month the process runs, those costs grow. A homeowner who acts early preserves far more equity than one who waits. This is the core reason why selling the property privately before the lender lists it almost always results in more money for the homeowner.

    Do I need a lawyer when dealing with a power of sale?

    Yes. You should have your own real estate lawyer who is independent of the lender’s legal team. The lender’s lawyers represent the lender, not you. Your own lawyer reviews the Notice of Sale, advises you on your rights during the redemption period, and can represent your interests in negotiations or during a sale. The

    The Law Society of Ontario referral service can connect you with a real estate lawyer. Initial consultations are typically low cost. Independent legal representation is important regardless of which option you choose to pursue.

    Can I stop a power of sale after the lender has already listed my property?

    It becomes more difficult but is sometimes still possible. Once the property is listed, the lender is actively trying to sell it. Until an offer is accepted and the sale is completed, however, the property is still yours. If GTA House Buyers can make a cash offer sufficient to pay out the mortgage and all accumulated costs, and the lender agrees, the sale can proceed. The window at this stage is narrow. Call (647) 848-7790 immediately if you are in this position. Do not wait to see what happens with the listing.

    What if I owe more than my house is worth?

    Negative equity, where the outstanding mortgage and accumulated costs exceed the property value, is a difficult situation that requires broader advice than a property sale alone can address. In this case, speaking with a licensed insolvency trustee in addition to a real estate lawyer is important. A consumer proposal or other debt restructuring may address the situation more comprehensively. GTA House Buyers cannot purchase a property where the sale proceeds would not cover the mortgage payout, but we will be honest about that assessment and can help point you toward the right resources.

    Can GTA House Buyers help with power of sale situations outside the GTA?

    Yes. We purchase properties across all of Ontario, not only in the GTA. We have helped homeowners in power of sale situations in Peterborough, Newmarket, Scarborough, Oshawa, Barrie, Kingston, and many other Ontario cities and towns. Distance from Toronto does not affect our ability to move quickly on a cash purchase. If you are facing a power of sale anywhere in Ontario, call (647) 848-7790 and we will give you an honest assessment of whether a fast cash purchase is a realistic option for your situation.

    What should I do right now if I received a Notice of Sale?

    Three steps. First, do not wait. Every day the process advances costs more money and removes options. Second, call a real estate lawyer today. The Law Society of Ontario referral service at lso.ca can connect you with a licensed real estate lawyer if you do not already have one. Third, call GTA House Buyers at (647) 848-7790. We will tell you within 24 hours whether a fast cash purchase is viable for your situation, what we can offer, and how quickly we can close. There is no cost, no obligation, and no pressure to accept anything.

    Well that’s enough for this article on how to STOP Power of Sale in Toronto, Ontario. Next time I’ll discuss how we help home owners to stop power of sale by giving a loan.

    No matter where you are in the Power of Sale process, give us a call at (647) 848-7790 and we can talk with you to figure out your options. If the Sheriff has already changed the locks and you’re out of the house, we can still buy your house… but please don’t wait that long. Whether you’re behind one mortgage payment, or the lawyer letters have started, or you have a notice that the Sheriff is coming… just give GTA House Buyers a call and we’ll do our best to be of service and explain our solutions for stopping power of sale. There are several ways to stop the bank from taking your home.

  • How to Stop Foreclosure in the Toronto Area? A loan! – Part 2

    GTA House Buyers Helps Home Owners Stop Foreclosure in Toronto, Ontario.

    In the previous blog post we discussed the number one method we use to stop foreclosure. This post will discuss…

    Method #2: We Give You a Loan To Stop Foreclosure

    The typical scenario is someone who is behind a couple payments on their mortgage or about to become behind. Their life situation has changed and they can’t afford the house any more. It could be a job change, divorce, injury or medical situation. Their bank won’t give them a loan. So who will give them a loan? If you have equity in your house, then we will! Your credit score doesn’t matter and you don’t need a job… what you do need is a house that has some value. Our rates and terms are very reasonable too… probably better than you’ll get through a mortgage broker… because you are dealing directly with the lender.

    A loan from us will be used to pay off any of your mortgage arrears which helps avoid further late fees, penalties, lawyers fees, etc from your lender. Maybe you feel you are just running out of time and your house would easily sell if you had more time.

    Home owners often use the funds from our loans to do renovations. Maybe they are handy or maybe they’ll hire out some of the work. We also refer people to the trusted trades people that we use… which makes doing renovations easier. Once a house has been renovated, cleaned and de-cluttered, then they usually sell for a lot more. People who get a loan from us are very thankful that it allowed them to maximize the equity they keep.

    Do you still want more details on how to stop foreclosure with a loan?

    One example that’s a bit more dramatic than most was with a big house in Whitby, Ontario (Just down the highway from Toronto). The house had 5 bedrooms, a 2 car garage… it was a big home. It had substantial wear and tear, but new flooring and a paint job would fix about 90% of the issues. They called me a couple days before the sheriff was scheduled to come. We worked fast but weren’t able to turn back the events that were in motion… the Sheriff did change the locks on the house… but we did get the home owners back in the house in under a week. Our loan paid off the arrears on the bank mortgage, gave the home owner extra funds to renovate, and they sold the house to a home owner for a high price. That seller asked me “Why didn’t my realtor friend tell me about this option?” The seller was very grateful for the solution we provided and they made a lot of money when they sold their house… which helped them move on with their life.

    Before calling GTA House Buyers, the seller thought their only option was to let the bank sell their property AS-IS. And the bank would have charged enormous property management fees, cleaning fees, interest, penalties, and more.

    If you’re having trouble paying your mortgage and you want to learn how to stop foreclosure, then give us a call. We can discuss your options. If a loan is better for you, then we can give you a loan. If you want us to buy your house as-is and fast, then that’s what we do too. We buy houses and lend all over the Greater Toronto Area.  Just contact us here on our website or give us a call.

  • Cash for Homes in Toronto Buyers – Will I Get A Fair Price?

    Time and money are crucial factors when you are selling your home. If you need to sell your Toronto house fast… there are local professional home buying companies who pay cash for homes in Toronto ON.

    Let’s dive into how you can sell your local Toronto house fast and get cash for your house in the process without having to list your house with a real estate agent, or wait months for it to sell.

    How Do Cash For Homes in Toronto Buyers Work?

    Finding reputable local Toronto house buyers who pay cash for homes in Toronto can be a daunting task. However, with a little research, you can find that there are several investors out there looking to buy property for cash. Here are some of the things you should look at when you’re working with local cash home buyers (including our company, GTA House Buyers, we buy local Toronto ON houses fast).

    And before you dive in below… if you’re not sure how the process of a cash buyer like GTA House Buyers buying your local Toronto house works… check out our “How it Works” page on this site and our FAQ.

    Price And Time Are Trade-Offs – Which Is More Important To You?

    Cash for homes in Toronto. GTA House Buyers buys houses with Cash.
    Cash for homes in Toronto. GTA House Buyers buys houses with Cash.

    As you might suspect, it is not easy to get the full market value for your home if you are selling it fast on cash.  To get the full market value of your house, you may have to wait 3-6+ months… and often will need a real estate agent out there marketing your house to find you the best buyer. Real estate agents charge a commission (usually between 3-6% of the sale price)… so if it takes you 6 months to sell and you have to pay a 5% commission… is that worth the wait?

    Most often, local Toronto house buyers like GTA House Buyers, we’ll evaluate your house… determine what it’s worth if it’s fully fixed up… determine how much we’ll have to invest in repairing / renovating the property… how long it will take us… and of course we have to turn a small profit for our risk in buying the house, renovating, and selling it… so we do tend to make offers that are below the full retail market value.

    But we can close quickly (in as little as 5 days if you need us to)… so if selling your house fast with zero hassle at all is more important than getting every penny out of the sale… submit your info on the form on this next page or give us a call at (647) 848-7790.

    We can make you a fast no-hassle offer in less than 24 hours.

    We like to make sure every house seller we work with knows all of their options, and we even encourage you to get other offers and shop them around. We won’t be offering the lowest price in town… we often won’t offer you the highest price… but you can be assured that when we make you an offer, we’ll follow through with what we say we’ll do.

    How Much Work Do You Want To Put Into Making Your Toronto ON House Sell?

    Another big factor that local Toronto cash home buyers like GTA House Buyers can offer is we take 100% of all of the work and hassle to sell your house off of your hands.

    We handle it all.

    No, we’re not listing your house like an agent does. With that route… you’ll still have to clean up your house… get it ready to show it when the streams of potential buyers want to see it… go back and forth through your agent with the buyers on price and terms, etc. It can be a lot of work.

    Especially if your house here in Toronto needs some work.

    But, we offer cash for houses in Toronto ON because we’re professional home buyers based locally here in Toronto.  If a house needs work, we’ll buy it as-is and we’ll pay for the repairs it needs out of our pocket after we buy it from you. And you won’t have to worry about the paperwork either… you can get it all reviewed at a reputable local lawyer of your choosing… or we can recommend the ones we’ve used for years.

    Basically, we can make you a fair all cash offer on your Toronto house (or Call Us Today at (647) 848-7790!)… and if it’s a fit, great! We’ll handle everything.

    Do Your Research And Trust Your Gut

    Before you decide to go with an investor offering cash for your property, be sure to investigate their reputation carefully. Consider asking for references from the investor. Talk to people the investor has worked with in the past to determine whether they are the right fit for you.

    There are people out there who are less than honest… so make sure to do your research, talk to them and make sure you can trust them, and that they can actually close on the offer they made you on time.

    We take our reputation seriously and are glad to answer any questions you have about us, how the process works, and how we can help you.

    When you’re ready to start the process of selling your Toronto ON home for cash, fill out our form and we’ll help you get started.

    Call GTA House Buyers today at (647) 848-7790 for an immediate cash offer on your Toronto area house… or Submit The Fast Offer Form Here >>

  • Cash For My House in Toronto

    “I need cash for my house in Toronto.”

    “We just can’t deal with it”… “It’s overbearing”… “The tenant has been violent”

    That’s what I heard from the owners of this lovely house in the Scarborough area of Toronto. The owners of this house were having big trouble with their tenant. To make matters worse, the house wasn’t in the best shape either. It was dated and roughed up.

    Cash For My House in Toronto | Call 647-848-7790 | Cash For Houses

    The sellers were on bad terms with the tenant and the tenant was not allowing them to enter the house. The tenant owed several months rent, wasn’t paying for utilities and had even assaulted the owner. (The alleged assault was a bump or a push and each side has a different story… no one was physically hurt… but no one likes to be pushed… or whatever may have happened.)

    The sellers had been to the Landlord and Tenant Board twice in attempts to evict the tenant. But they couldn’t get the tenant out. I’m not going to take sides… I’m sure there were things both parties could have done better to resolve their problems. But you’re starting to see why the sellers just wanted out and wanted cash for their house. I’m quite sure the sellers were stressed out to the max and were losing sleep at night. No one would want to be in their position.

    Like I said earlier, the tenant wasn’t allowing people in the house. So how do you sell a house if people aren’t allowed inside to view it? Well the house had 2 apartments and we bought the house with only seeing part of the house. The sellers wanted an experienced cash buyer and that’s why they called GTA House Buyers. When sellers ask for “cash for my house” that’s what they get and they can get their cash in under a week.

    GTA House Buyers doesn’t need to go to a bank for a mortgage. Cheap money from a bank is great, but banks don’t lend on houses that need a lot of renovations and good luck trying to get a bank mortgage in under a week!

    Kitchen Before - Cash For My House in Toronto
    Kitchen Before
    Kitchen After-Cash for my house in Toronto
    Kitchen After

     

     

     

     

     

     

     

    Basement Before - Cash for my house in Toronto
    Basement Before
    Basement After - Cash for my house in Toronto
    Basement After

     

     

     

     

     

     

     

    After we bought the house, we developed a much healthier relationship with the tenant. We treated the tenant with the respect that everyone deserves. We helped the tenant find a new house to rent, paid for movers, hired someone to help pack up the house and even contributed to their 1st and last month’s rent at their new home. Yes, we took good care of that tenant.

    We bought the house, renovated it with building permits and converted it into a LEGAL 2-unit property. Now the house is rented out and the new tenants are enjoying the beautiful suites. We just finished renos and rented it out a couple months ago.

    If you need “cash for my house”, then contact GTA House Buyers to work with a House Buyer who has the cash and can get cash in your pocket fast.

  • How to Sell an Inherited House in the Toronto Area?

    At GTA House Buyers we’ve bought a lot of inherited houses, so I’ll go over some of the Do’s and Don’ts.
    My top two don’ts are:
    #1) Small Household in Big House
    #2) Empty House Syndrome
    I’ll give you examples from actual houses we’ve bought, so that you can avoid the mistakes that others have made.

    What you DO want to do when selling an inherited house:
    If a will says the house is yours, then get an Estate lawyer and sell the house. The same lawyer can handle probate and the sale of the house. If you need a referral to an estate lawyer somewhere in the Greater Toronto Area, then let me know.

    The Top Two DON’TS When Inheriting a House

    When inheriting a house, what people think is a blessing can turn into a curse. Please be careful with what you’re given.

    My #1 DON’T: Small Household in Big House

    I’ve seen this scenario many times. A single person inherits a house and moves in.
    The house is too big for one person. It used to be a family home and now one person is living there alone.
    A house is a lot to maintain. There’s a lot of work to do like cutting grass, shoveling snow, spring and fall maintenance, and cleaning! When I was a single person I didn’t live by myself in a 2 storey, 3 bedroom, 2 bathroom house with a basement. I couldn’t handle cleaning such a house on my own!

    TO MAKE MATTERS WORSE,
    If you have pets or small kids, then it’s even tougher to maintain.
    If someone doesn’t clean after a cat or dog properly, then their toilet will become the living room floor. And some cats will spray on the walls. We’ve removed the bottom 3 feet of drywall where the male cats sprayed against in order to remove the smell. And I’ve often removed flooring or subfloor to get rid of cat urine smells. Don’t let the pets take over!

    Warning, a big house requires a lot of work to maintain. Are you willing and able to do that work? I’ve seen many houses that drop dramatically in value in one to two years after being inherited, because the new owner can’t handle the upkeep and repairs.

    One example, a young lady inherited a family sized home in Whitby when her father passed. This blessing turned into a curse. When I came to see the house, the back yard weeds were up to my waist, gutters were hanging off the house, the basement had been flooded when a pipe burst the previous winter, the cats and dogs had taken over and stunk up the place. The place was a mess and the house was out of control.
    It was stressful and depressing for that young lady. But we bought the house fast and she moved into an apartment that was much more manageable for her and her pets.

    Now if you’ve inherited a big house and you’re moving from an apartment to a house with a yard, please take some time to make a good decision. What’s your plan to maintain the lawns? Do you have a lawnmower and tools? Snow shovels? Will you hire someone to cut the grass?

    If you know anyone in this type of situation, then help them out. Give us a call and help them get out of the situation they are in.

    I had one family sell me two inherited houses in Oshawa. One in 2009 and one in 2015. They were very happy with how quick and easy we buy houses. They enjoyed seeing how our renovations transformed their dated houses. They told me that their mother would have been so happy to see her house looking beautiful like we made it. It’s that kind of feedback that makes a big reno worthwhile.

    My #2 DON’T: Empty House Syndrome

    There are a couple reasons why people inherit a house and then keep it empty for months or even years. One reason is that people have an emotional or sentimental attachment to the house and just don’t want to part with it. I’ve bought houses from people who grew up as children in the house and it is full of good memories of their family. Other people experienced the passing of their spouse who they lived with in the house for decades. They did move out but it was hard for them to sell the house because they were still emotionally attached. I’m not sure what the correct emotional decision is, but I know it’s a bad financial decision to hold onto an empty house. It’s a waste of your money to be paying taxes, insurance, and even utilities on an empty house.

    Another reason why people keep an inherited house empty is because siblings can’t agree on what to do with the house. One sibling wants to hold the house empty because they hope they house value will go up in the next few years. In my opinion, holding an EMPTY house is a risky and poor investment decision compared to what you could do if you sold the house, got the money and put that money to work.
    Another sibling might want to rent out the house. Which may be a great idea unless you have no experience renting a house. If you aren’t willing to invest your time to learn how to be an excellent landlord, then it may not be a good idea.
    One sibling may want to renovate the whole house so they can sell it for more money. Which may be another great idea unless you’ve never done a large renovation before. A large renovation can be stressful. If you hire a contractor who is good at doing demolition, but not so good at renovating, then you’ll be in trouble. Renovations usually cost more money than people think and I’ve seen lots of houses sitting empty in a state of partial repair. Just know what you’re getting into if you decide to renovate.
    There are various reasons houses sit empty for months or years after an inheritance. Empty houses are prone to problems. A house needs to be maintained. They get mould from no ventilation. Houses get water damage problems when people don’t winterize and pipes burst. Water can come in from outside, usually from downspouts missing or plugged, or wear and tear to the roof. Or your window wells don’t drain water and water fills up and leaks through windows.

    One specific example is a house we bought in the Junction neighbourhood ofToronto. The house had been vacant for YEARS and there were multiple siblings involved. I can’t speak to their reasons why they kept it vacant so long, but I’ll bet it was because they couldn’t agree on what to do. The house was very dated and hadn’t been renovated in decades. But even worse, some water pipes on the second floor had burst and damaged ceilings and floors below. The pipes burst because the house wasn’t maintained properly and water froze in the pipes during winter. The house was a DISASTER, but we transformed it and made the neighbours happy.

    That’s all for today! If you’re wondering how to sell an inherited house in the Greater Toronto Area, then I hope this will help guide you on what do to and what not to do. If you know someone who needs to sell an inherited house, then please contact us through our website www.GTAHouseBuyers.ca or call us at 647-848-7790.

  • How to Sell Your Condo Fast in Toronto, ON?

    “I want to sell my condo now!”

    If you want to sell your condo now, then we want you to know that we will buy your condo as-is and fast. We buy condos in Toronto and throughout the GTA. We’ll make the sale quick, quiet and easy.

    People often ask us if we only buy houses. We do buy a lot of houses, but we also buy condos. We buy apartment condos in low-rise and high-rise buildings and lots of condo townhouses too. Condo owners sell to us to get a fast and stress-free sale.

    (See the VIDEO Below)

    Below you’ll see a video of a condo in Thornhill that we renovated recently. You’ll also see some before and after pictures.

    Some of the main reasons why people sell us their condos are:

    • too many repairs
    • bad tenants
    • looking for debt relief
    • behind on mortgage payments or in foreclosure or Power of Sale
    • inherited a condo
    • paying too many bills and fees on a vacant condo
    • need a fast sale and other condos in the building are selling SLOWLY
    • the entire condo building has a special assessment

    As an example, here are some before and after pictures of a condo we bought, renovated and rented earlier this year. This condo is located near Yonge St in Thornhill on the Markham side. It’s just a few minutes north of 416 Toronto.

    This seller told us “I want to sell my condo now!”.

    The seller had inherited this condo a couple years ago but had fallen on hard times. Lost a job and was several months behind on most bills… mortgage, taxes, condo fees, etc. The condo corporation had put a lien on the property and was giving the owner a hard time. The unit was in disrepair and very messy and cluttered. The condo had tried to get their trades people in to do repairs, but the trades people wouldn’t work because the house was too cluttered and unhygienic. This inherited condo was probably too large for just one person and that’s likely a reason why it fell into disrepair.

    Just so you know how fast we can buy… the seller called us on day 1 and asked us to come view the condo on day 2. We looked at the condo and gave an offer several hours later and the condo was sold. No financing condition and no inspection condition. We buy condos for cash.

    Now buying and selling a condo can take a bit longer than a house because we need to order and review the Condo Status Certificate. GTA House Buyers always orders and pays for the condo status certificate. Many condo companies say that the Status Certificate will take up to 10 business days, but nowadays some companies will deliver in 2-3 days if we pay a rush fee. We often pay the rush fee to help sellers out.

    For this Thornhill condo we paid the rush fee and got the Status certificate in 2 days. We closed as fast as the seller’s lawyer could close it. There were some delays that were due to relationship problems between the seller and their lawyer who was also handling the estate and probate.

    ANOTHER TIP TO SELL YOUR CONDO FAST: be courteous to your lawyer. Be nice!

    We let the seller stay for several days after closing so they could hire movers and pay for their next home. The seller had lots of equity and was able to pocket a lot of money. The seller got out of a stressful situation and was able to move out fast. The seller was likely headed towards a power of sale situation where the bank would have taken possession of the property and sent the Sheriff to lock out the seller. The bank would have racked up a lot of fees and charges for the months they would spend taking possession and selling via power of sale. The seller made a good decision and sold the property before the bank took over.

    The good new is that now the condo is beautifully renovated and it’s rented out to people who are enjoying a modern condo in a great neighbourhood.

    If you want to sell your condo fast, then call us at 647-848-7790 or fill out the short form below. We buy condos fast in the Toronto area. We aim to make the sale quick, quiet and easy.

    [THE VIDEO IS RIGHT HERE]

    How to Sell Your Condo Fast in Toronto? Sell My Condo Now!

  • Fast Home Buyers: The New Way To Sell Your Home in Toronto

    Are you planning on selling your Toronto home? Before you commit to an agent or try to sell it on your own, learn about the new way to sell your home in Toronto!

    For most people, the thought of selling their Toronto home will likely involve the MLS and the help of a local agent. Before you decide to sell this way, take a look at the numbers to make sure it makes sense for you. There are many ways for you to sell your home, and each of these will have a different impact on you both financially and mentally!

    So What Is This “New Way?”

    Selling your home direct to a fast home buyer instead of listing with an agent! You will not only save money on marketing, listing, repairs and closing costs, but you won’t have to wait to receive your money! Imagine being able to sell your Toronto home without the stress and hassle of a traditional listing!

    There Are MANY Benefits to A Direct Sale
    Here Are Just A Few

    No Commissions – Because you are selling to a direct buyer and not through an agent, you will be able to keep any money that would have otherwise gone to commissions. This includes HST and usually runs about 6% of the final sale price.

    No Marketing Costs – You will not have to pay a dime to advertise your house online or in print. There are no photography costs or fees of any sort to worry about.

    No Staging Costs – Many time, people will use professional home stagers to help showcase their property. Even if you only do this in a few rooms, the fees can add up. It costs a lot to rent furniture.

    No Time or Money Spent Cleaning – A big part of listing your Toronto house is keeping it clean. People will come by for last minute showings, and your house needs to be kept tidy for these short-notice guests. When people view your home, they don’t want to see personal belongings or clutter. Keeping everything put away and leaving at the drop of a hat can be stressful to home sellers. When you sell to us, there is no cleaning required. Simply take the belongings you wish to keep and we will handle the rest! If you have pets and kids, then this is a blessing.

    No Repairs Required – When you sell directly to fast home buyers, you will never have to spend a dime making repairs or upgrades. Listing your Toronto house will often require you fix up the home both before and after the inspection has been completed. We will buy your house in any condition, repairs and all.

    No Landscaping – Just like maintaining the inside of a home, the outside needs to be maintained too. When you are trying to sell, this is even more important. You will want to keep the lawn mowed, weeds pulled and clutter out of the yard. Curb appeal is extremely important when selling a home. You will either need to spend time doing this yourself or hire someone to do it for you.

    End Maintenance Costs Immediately – If you own a property, it will inevitably cost you money in maintenance costs each month. From a faulty shelf to new furnace filters, the things you might see as small expenses can add up quickly. Ending these costs now instead of later can help you keep more cash in your pocket.

    No More Monthly Costs – The cost of your monthly utilities, homeowners insurance, and property taxes can add up fast. When you list your home, you will have to continue paying these bills for an indefinite amount of time. Even if you are not living in the home, water and electricity will need to be kept on for people who view the home. If you’ve already moved out, then you know these costs can become stressful fast.

    Get Paid Right Away – When you sell to a direct buyer such as GTA House Buyers, you will know exactly what you are getting and on what day. There are no lenders or red-tape. We are able to pay you in days, not weeks or months. By selling directly, you will not have to live in limbo. You will be able to move on with your life quickly and easily.

    Peace of Mind – With a traditional sale you will have to question how much you will be offered and when. If you do get an offer you accept, it can still fall out at the last minute, especially if your buyer is using traditional bank financing. When you sell to us, we have the funds available to pay you right away! You don’t have to worry about waiting or the sale falling through!

    The benefits of selling directly are numerous! For many people, it is the simple, stress-free way of selling they have been looking for! We encourage you to run the numbers to find out if it makes sense for you!

    Before listing, learn more about the new way to sell your home in Toronto! We are fast home buyers and we can help! Send us a message or give us a call today! (647) 848-7790

  • How To Sell A House Quickly In Toronto And Other Parts Of ON

    You want to sell your Toronto area house and you want to do so quickly. Right?

    Perhaps you have another commitment with the money or you need to move. Whatever the case is, you need to sell your home quickly in Toronto and move on.

    how-to-sell-a-house-quickly-Toronto
    How to sell a house quickly in the Toronto Area?

    Unfortunately, homeowners who need to sell a house quickly soon realize that they are at the mercy of the market. That market will influence whether they sell quickly or not, and how much they can get for their property. And as you’ve seen in our local Toronto real estate market… the market is changing on an almost monthly basis.

    The factors that influence whether you’ll sell a house quickly in this Toronto market

    There are many factors that influence whether you’ll sell your Toronto area home quickly in this market.

    Some of those factors include:

    • The national economy
    • The local economy in Toronto ON
    • Interest rates
    • The condition and trends of the neighborhood (is it growing? is it shrinking?)
    • The condition of your house and whether it needs work
    • The asking price of your house
    • The asking price of similar houses in the area

    … and so many other factors as well.

    You may not have the luxury of waiting around for home prices in your neighborhood in Toronto to go up. Instead, you have to face the realities of the marketplace – especially if the clock is ticking.

    The four steps on how to sell a house quickly in Toronto

    Here are our top strategies for selling your house fast.

    First, remember that your house isn’t the only one for sale.

    There are many other local Toronto homes for sale and each one is competing for the hard-earned dollars of the buyer. Rather than setting a price that you want to get for your house, find out what similar houses in your neighborhood are selling for. Don’t forget to look at the comparable condition of the house too. Just because you have the same layout as your neighbors doesn’t mean that you’ll get the same asking price, it depends on the condition of the house too.

    Second, think about who is the most likely person to buy your home.

    Is it a new family with young children? Is it a retired couple who happens to be downsizing? Is it a single woman moving to the area because of a job? There are many reasons that someone will buy a house and their reasons will be influenced by family, jobs, and more. When you understand this, it will help you with the next point…

    Third, invest some time, money, and effort into preparing your house for the right buyer.

    If the best person to buy your home is a young family then perhaps you’ll want to make sure that you have a great backyard with a swingset. Or if your house is near a busy street to make sure you have a nice fence around the yard to protect kids from going into the street. If the best person to buy your home is a retired couple then perhaps you’ll want to make sure that the home is comfortable for people with no children but who may have a hard time with stairs. Or make sure the landscaping outside is lower maintenance.

    Fourth, work with a local Toronto ON real estate professional who can help you prepare your home, list it, and close the deal.

    Real estate agents are experts at helping you sell your home. There are plenty of agents here in Toronto to work with… and if you want a referral to a reputable agent with a track record, just give us a ring at (647) 848-7790 and we’d be glad to give you some names. When you’ve done all the advanced legwork, you’ll help your agent be able to sell your house quickly.

    When you follow these four simple steps, you can sell your house pretty quickly. However, sometimes you want to sell your house even faster than that!

    How to sell a house quickly in Toronto

    Sometimes you may not have time to look around at what others are selling for. And sometimes you may not want to wait around or spend the money to fix up your property for your ideal customer. And sometimes you may not want to spend the time waiting while your real estate agent markets and sells your house.

    You can bypass all these steps quickly and easily by selling your house to a local real estate investment company for cash… a quick house buyers company. At GTA House Buyers, that’s exactly what we specialize in: buying houses fast.

    quick house buyers Toronto Ontario
    Quick house buyers in Toronto Ontario. Call us today at 647-848-7790.

    Homeowners who simply don’t want the hassle or who don’t want to endure the long wait times but just want to sell their house quickly can do so with one phone call to (647) 848-7790.

    This is perfect for homeowners who are in financial distress and cannot wait too long to sell their home IF the market will buy it. And, it’s perfect for homeowners who are facing some other crisis, such as a divorce or death in the family. When these events happen, the last thing you want to do is think about painting the house so it’s perfect for someone else! It’s much easier to simply pick up the phone and sell your house with one phone call.

    Want to sell your Toronto area house fast with one phone call?

    It’s easy. Call us at (647) 848-7790 or fill out the form to get more information.

  • Companies that buy houses for cash in Toronto, ON?

    companies that buy houses for cash in Toronto
    Need to sell your Toronto house? Here are 3 options for you depending on your goals.
    Selling a house in this economy is no walk in the park. If you are facing have a house that needs updating and sales in your neighbourhood are slow, then chances are you are grappling with the question, “Where are companies that buy houses for cash in Toronto?” Well, fret not! There are several options that you can explore when putting your house up for fast sale.

    Here are three most common options worth considering; however, if you need to sell your house fast for quick cash, then be sure to call GTA House Buyers first at (647) 848-7790. We have cash in the bank, and are able to buy any house, anywhere in Toronto ON.

    #1 Sell your house fast for cash to a local house buying company

    If you are determined to find a quick buyer, a local Toronto house buying company such as us here at GTA House Buyers are one option for you. We buy houses in Toronto and surrounding areas in ON when sellers need to sell fast.  If you’re looking to get the full market retail value on your home… and you have time to wait for it to sell (3-6 months) look at option number two. But if you need to sell your house fast and are willing to sell it less than the full retail value that you may be able to get by listing it w/ an agent and waiting until it’s sold… we’d like to make you a fast-fair offer on your house today... or call us directly at (647) 848-7790. 

    #2 Sell your house fast for cash with a Real Estate Agent

    If you have a bit more time and can wait for the right retail buyer to come along, and you can pay the 3-6% in real estate agent commissions on the sale… listing your local Toronto ON house with a real estate agent is a great option.

    A real estate agent is one option for getting your property across to cash house buyers… It is possible to sell your house quickly for cash through a real estate agent.

    However, this begins by finding the right agent. Start by asking at least three local Toronto agents to assess your home and show you some comparable homes that they have recently sold for cash. The agent you settle for should list your home in as many property websites as possible in order to broaden the market reach and of course put it on the local Toronto area MLS (multiple listing service).

    It is also important that they advertise your home in the local publications buyers tend to look at (newspapers, etc.). To help speed up the process, consider offering the agent an attractive incentive if they manage to sell the house within a specified time frame. With this option you will of course pay the real estate agent commissions… so be prepared to figure that into your overall costs.

    #3 Sell your house fast for cash with a FSBO Listing

    According to experts, 90 percent of all property searches now begin online… and if you have time to wait to get your house sold… and the time to show potential buyers your house as they come calling… selling your Toronto house “For Sale By Owner” may be a good fit.

    There are tons of web based real estate agents that you can approach to list your home on their websites and some agents will let you purchase a listing on the MLS for $300-$500+. . Additionally, you can list your home on websites like Craigslist as well as online property directories in your area. To attract potential buyers, be sure to accompany your listing with clear photos of your home.

    So, who are the companies that buy houses for cash in Toronto?

    Companies that buy houses for cash in Toronto and Ontario
    Companies that buy houses for cash in Toronto and Ontario. GTA House Buyers.

    If you are grappling with this question, you need to realize that it is possible to sell a house fast for cash… the main thing you need to decide right now is how fast you need to sell your Toronto house.  If you have 3-6 months and can pay the real estate agent fees… list your house with an agent.

    But if you don’t have enough room in the house sale to pay an agents commissions… or you can’t wait the time it may take to sell your house at full retail… chatting with a reputable local real estate buying company like GTA House Buyers may be a great option to explore. All you have to do is know your options when it comes to selling property for cash. Click here to learn more house for cash selling tips. Better still, fill the web form below for a fast fair all cash offer for your house.

    Fill out this form to get your fast-fair cash
    offer for your Toronto house.

  • How to Sell your House Privately in Toronto: A Short Guide

    Selling your house is something you’ll have to do maybe just a few times in your life.  And unless you know a local Toronto real estate agent who will sell your house for free or a hugely discounted commission… it can be a real pain in the rear and an expensive process for you as well. And maybe you just want to sell privately and discretely to avoid all the hassle.

    So… you landed on this page about “How to sell your house privately in Toronto ON” because of a few reasons I’m guessing…

    • Your house needs renovations or updating and you’re a bit embarrassed to publicly sell your house in the condition it’s currently in
    • You have equity but want to try to save money selling the house privately before you resort to hiring an agent
    • You have no or very little equity in your house so you can’t afford to pay a real estate agents commissions
    • You’re in foreclosure (or heading that way) and just need to sell fast without incurring thousands in agent commissions and bank charges
    • You can’t wait the months and months it sometimes takes to sell a house in the Toronto area in this market so you want to try to sell it more quickly

    How to sell your house privately in Toronto?
    How to sell your house privately in Toronto? Call today (647) 848-7790!
    Whatever one you land in… there are ways to sell your house privately here in the local Toronto real estate market.

    The housing sector has been experiencing a major recovery for many years. Selling your house at this time will definitely be profitable if you do it right. In most cases, it is about using smart marketing strategies and being realistic about your expectations on what you want to achieve with this sale.

    This article will provide some guidelines to help you sell your Toronto area house privately.

    How To Sell Your House Privately In Toronto – Let’s Dive In

    Know The Toronto Real Estate Market Well 

    The first and most important step is doing market research on your neighborhood in the Toronto ON area. This step involves visiting various home marketing sites, calling a real estate agent or two to see what your home is worth, or reading about the various market pricing techniques.Proper homework on these issues will allow you to come up with a right price for your house and also helps you to avoid making certain selling mistakes.

    If you don’t want to hassle with trying to come up with a home value yourself… give us a call at (647) 848-7790 and we’ll give you an honest fair valuation of what your house is worth on the retail market (if you’re going to wait the 3-6+ months to find the perfect retail buyer). And if you want to… we’ll make you a fair all-cash offer on your house to give you that option of selling quickly (we can close in as little as 5 days if you want to).

    Asses the market

    This step is almost similar to conducting market research, only that in this case, you are bound to your neighborhood and similar houses. Are there lots of houses for sale in your neighborhood here in Toronto? If so, what is the average that they are listing for?  Are there lots of foreclosures in your neighborhood? That may drag your house price down.

    Asses the house

    As a seller, your house should be in top condition or shape in order to sell at a good price. Identify certain unique characteristics about it and emphasize them during the marketing. For example, in a Toronto, a house with garage parking may be more attractive to buyers compared with parking on the driveway.

    Also, does your house require repairs?  Does it need to be repainted inside or out?  How is the condition of the roof?  Is the landscaping in good shape? Is the house outdated at all? (you know, those popcorn ceilings ;-).  All of these things can make the house more attractive or less attractive depending on the buyer… which changes the price they’re willing to pay.

    After all of this… come up with an asking price for your Toronto home that is fair… isn’t so high it’ll take you 12 months to sell the house… but is attractive so you get a frenzy of buyers who are ready to buy it quickly.

    Use Photos or Videos

    Toronto buyers are obsessed with media. Taking walk-through videos of the house and using the videos to advertise will enable you to reach a wider market. In fact, these videos are considered more transparent than taking photos.  However, this should not stop you from using the latter option since it is more affordable compared to the video.

    So take some great pictures. Take a picture of every room in the house that helps show it off. Take a picture of the house from the outside in a few different angles… people want to see the house before they ever show up to see it. So having great pictures of your house online could be the difference between getting the right buyer quickly… and waiting months and months to sell.

    Get Your House “Listed” On The Local Toronto MLS And Market It

    You can find no or low fee real estate brokers these days who will charge you several hundred bucks to put your house on the local Toronto MLS.  This gets your house in front of all of the real estate agents quickly (so be prepared to pay those “buyers” agents a 2-3% buyers broker fee if you plan to have their support in helping you find a buyer.

    Place ads in the local newspaper, signs on the roads, and hold an open house.

    All Of This Sound Like A Lot Of Work To Sell Your Toronto House Fast Yourself?

    It can be.

    And in the end, many Toronto house sellers think they’re saving money and time by marketing the house themselves… when in the end it costs them more money to go that route.

    When you sell your own house here are some things you need to consider…

    • If you’re not a good marketer or aren’t ready to spend a bunch of time marketing your house right… selling it yourself may not be your best bet
    • If you don’t do a good job preparing the house and the marketing materials… and working with buyers to really build the value of your house in their minds… you may actually sell the house for 3-8% less than you may get for the same house an experienced person marketed the house for you
    • Too many sellers never think about holding costs or opportunity costs… every month that your house doesn’t sell means another mortgage payment, tax payment, insurance, utilities, etc.  If your mortgage payment is $2,000/mo… and $1,700 of that is interest… if it takes you 7 months to sell your house… that cost you an extra $11,900 (not to mention taxes and insurance you paid during that time).  So, if you were able to sell that house more quickly… would it make sense for you to provide a buyer a discounted price today so you can close quickly and move on? Something to think about.
    Selling a house privately and discretely can be easy.
    Selling a house privately and discretely can be made easy for you.

    If you’d rather not put up the hassle of trying to sell your Toronto house yourself… and would rather just sell it quickly for a fair price without paying any commissions or fees…

    … here at GTA House Buyers we actually buy local Toronto ON houses.

    We’d love to make you a fair, NO OBLIGATION and NO HASSLE cash offer on your house.

    We can close quickly (in as little as 5 days if you wanted to)… which would save you thousands of dollars vs. trying to sell the house privately and waiting for months.

    Also, when we buy local Toronto houses we do all repairs that are needed (we pay for it ourselves) so you don’t have to worry about that.

    If you want to see what we can pay for your house, give us a call today at (647) 848-7790 or just fill out the quick simple form through the link below.

    Selling A House Privately in Toronto? –
    Get A Cash Offer From Us First Before You Waste
    Time, Money, And Energy Selling It Yourself >>

  • Quick House Buyers Companies in Toronto – Are They Credible?

    If you’ve been driving around in Toronto, chances are you’ve seen some signs advertising companies that buy houses.

    Often times they say things like “We Buy Toronto Houses Quick!” or “Cash For Your House”.

    Are These “Quick House Buyers Companies” Credible?

    How do I know if the local house buying companies out there are honest and credible?

    Well… sometimes they all look the same at the start… but below we’ll walk you through some things to look for in a local house buying company before you should work with them.

    Buying and selling houses is a valid and respectable profession that can help communities and house sellers in many ways. But just like any other line of work – a minority of house buyers in any market are the ones who make the rest of us look bad.

    There are people who are really great, ethical folks who improve their neighborhoods one property at a time.

    And then there’s shady, dishonest people who put money ahead of the well being of their clients and who would sign the contract to sell their own grandmother with one hand while stabbing you in the back with the other – as long as they were making enough money.

    Yes, they are out there.

    We’ll help you avoid these “shady house buyers” so you can work with honest, ethical, and reputable local quick house sale companies who can buy your house for a fair all cash offer and close on your schedule.

    But let’s not focus on the negative – at least not yet.

    First, let’s cover exactly what the best house-flippers are doing.

    What Reputable Toronto Quick House Buyers Are Doing

    • Helping folks improve their lives by accessing the money they need right away. People often need the cash in their house to cover unexpected medical expenses, or to relocate to be close to a relative. We can make that happen in just a few days, and we deliver peace of mind.
    • Helping sellers get rid of a burdensome property without the hassle of having to list it with a broker and wait months and month for a sale.
    • Creating local jobs. We hire plumbers, contractors, electricians, brokers, lawyers, loan officers, administrators and many other folks along the way. The average real estate transaction involves 86 people from start to finish. Our investments help create real jobs for many people around Toronto ON.
    • Buying Canadian products. We spend tons of money on materials that are made right here in Canada – that creates jobs in our timber mills, factories, supply shops, distribution centers and more. The Canadian economy depends on steady improvement, and that requires investment from folks like us.
    • Increasing the value of Toronto neighborhoods. When we improve a house, we’re helping to increase the value of the entire community. We often repair abandoned and neglected houses, turning them into beautiful homes for families. That activity strengthens the Greater Toronto Area.
    • Increasing the tax base. When a new buyer takes over one of our properties, they’ll pay a higher tax rate based on the new and improved value. Those taxes go to pay for our schools, fire, police, libraries, streets and other valuable pieces of infrastructure.  Again, improving our neighborhoods.
    GTA House Buyers is one of Toronto's trusted quick house buyers companies.
    GTA House Buyers is one of Toronto’s trusted quick house buyers. A+ accreditation with BBB.

    Pretty cool stuff, right?

    Lots of people think of house-flipping as a get-rich-quick scheme. That’s fueled by silly “reality” shows that amp up the drama because the reality of what we do on a daily basis is actually pretty boring.

    Most of our work is coordinating with lots of people to make sure things are happening on time. We have to keep track of lots of moving parts.

    So let’s get back to how you can use this information to find out if someone is a credible investor, and not just pulling a house buying scam.

    How To Ensure You’re Working With A Reputable Local House Buyer

    When you talk with a local house buyer to potentially buy your house… ask them some of the questions below to ensure they’re reputable, knowledgeable, and honest.

    Ask open-ended questions like:

    • How do you help your clients?
    • What do you do for people?
    • Can you tell me more about your services?
    • What aspect of your business makes you the proudest?
    • How would you describe your investment philosophy?
    • How can I know that you’ll close on my house when you say you will?

    Second, look for tell tale signs of tactics that those few shady operators tend to use.

    • Can you find information about the people operating the company? – If a house buying company has no information on their website about the people who work in the company, then do they have something to hide? Are they accredited with the BBB? If you search for online reviews of a house buying company and can’t find anything… be leery.  Most reputable quick house buyers will have some publicly available information about the company.
    • Pressuring you into accepting an offer fast – If a house buyer tries to pressure you into selling your house and says that you have to make the decision today, be leery. Most reputable house buying services will make you and offer and that offer will be on the table for at least 2-5 days (minimum) for you to make a decision.  The reason reputable house buying services like ours at GTA House Buyers do place deadlines on our offers is because the market changes and values can change week to week depending on other sales in the area, also… we buy multiple houses a month and when we make you an offer we’re assuring you that the cash to purchase your house is ready and we’ll reserve that cash for several days so if you do want to sell your house, we can close on your schedule.  If you feel the offer isn’t a fit for you, then we’ll allocate those funds to help another seller with their home sale.

    Most scammers are looking for a quick score, and not an in-depth interview.

    Chances are good that they’ll find excuses to get off the phone and move on to someone who doesn’t ask too many questions.

    True investors who are honest and ethical Toronto quick house buyers, however, are building long-term businesses based on relationships and community development.

    So when you’re looking at one of the “quick house buyers” in the Toronto area… never be afraid to ask questions!

    Give us a call anytime at (647) 848-7790 or
    fill out the form on this website today! >>

     

  • Your Home Sold Guaranteed In Toronto – Advantages Of Working With GTA House Buyers

    Do you want your home sold guaranteed in Toronto ON?

    If so, read the rest of this article to learn about our local home buying program here at GTA House Buyers and how it works.

    Here at GTA House Buyers, we’re an established home buying company based in Toronto, Ontario. We specialize in getting you a written offer in 24 hours and we can close on your house fast if that’s what you need. If you’d rather connect with us over the phone and talk about our local home buying program, give us a call! You can reach us at (647) 848-7790.

    Here are a few of the advantages of working with us to get a guaranteed sale for your local Toronto house.

    Advantages of Working With A Professional Home Buying Company to get Your Home Sold Guaranteed In Toronto ON

    You have a few options when you sell your house here in our local market.

    You can sell the house yourself, list it with an agent, or sell it to a reputable professional home buyer like GTA House Buyers.

    Here are a few of the advantages of working with a local professional home buying service.

    • Convenience of the sale – Our company will buy your house “as is”, meaning you will not need to spend more money for repairs, you won’t need to fix it up, or worry about making it “pretty” for a showing. The sale will be on the timeline you pick (we can close in as little as 5 days) and have cash in your hand immediately. Or you can close on the exact day of your choice months from now.
    • Avoid traditional buyer loan complications – When you sell a house for cash in Toronto through our “cash for houses” program, you avoid the complications that come with a traditional home buyers loan application. Your buyer may not get the loan approval when it was anticipated or they may change their mind altogether. Since GTA House Buyers uses our own cash to buy houses, we can close quickly and aren’t at the mercy of banks. This means a faster closing with less hassle than going the traditional route.
    • Speed of the sale – In many occasions, when we work with local home owners who  want  a  guaranteed home sale in Toronto, they don’t have the luxury of waiting 6+ months to sell. It may be foreclosure, financial difficulty or even bankruptcy to cause sellers to look for a speedy process that will alleviate these problems. Once you accept the cash offer, we can close on the timeline that you want.

    Want Your Home Sold Guaranteed In ON?
    Get A Fast, Fair No Obligation Cash Offer Today!

    Your Home Sold Guaranteed in the Toronto Area
    Your Home Sold Guaranteed in the Toronto Area

    Toronto area home owners work with us for many reasons including convenience, speed and less hassle than the traditional “list it with an agent” route.

    For more information on how you can sell your house quickly for cash in Toronto ON, call us today at (647) 848-7790 and one of our local representatives will assist you with a cash offer at hand or you can simply fill out our online form and we shall get back to you promptly.

  • Cash House Buyer in the Toronto Area – 2 Questions… GTA House Buyers

    buy my Toronto ON house for cash
    Looking for a cash house buyer for your Greater Toronto area house? Ask yourself these 2 questions first…
    If your Toronto area house is facing a power of sale, and you wish to avoid it… or if you just need to sell your Toronto house fast for another reason (you inherited a house, relocating and need to sell, lost your job, agent can’t sell your house, etc.)… then one of the best options that you can consider is thinking about finding someone to buy your Toronto ON house for cash.

    By doing this, you will not only profit by improving your credit rating but also get extra money into your account. Your credit score, which is an important aspect of your financial life, will remain untainted since you will settle your debt in time, and you can use the extra cash from your sale in other projects. However, you have to study the prevailing market conditions. That is, find out factors that are likely to influence the value of your home… before getting ready to sell it. Remember, when your house is foreclosed, you will lose your property as well as your credit rating.

    [See the video below of a house we bought through our Cash House Buyer program.]

    A Cash House Buyer in Toronto, ON: The Plan

    The first step that you need to take in order to sell your Toronto house fast to someone else with a “buy my Toronto ON house for cash” mentality, is to come up with a game plan.

    Your real estate agent should help you come up with this. Be sure to negotiate with your lender as you contact an agent who is well informed regarding the sale of such properties in your area. The agent should have the latest report on property values in order to help you quote the right price for your house.

    1. How fast do you need to sell? 

    This is one of the most important first decisions you need to make… because this really dictates what options you really have. If you have more time… you have more options open to you.

    If you have less time… your options are a bit fewer… but you still have great options out there.

    If you need to sell in less than 2 months (or even less time than that), you likely don’t have the time to list your house with an agent.  You’ll likely have to try to sell the house yourself (if you know how to) or sell your house to a local professional cash house buyer like GTA House Buyers (or you can call us at (647) 848-7790 and we can make you a fast-fair all-cash offer on your Toronto area house).

    2. How much do you need to sell your Toronto house for? 

    Note that above it says “how much do you need” to sell for.  If you’d like to sell your house for full retail… but you have to sell your house fast and can’t afford to list it with a real estate agent… determine what you need to get out of your house sale.

    That’ll help guide you to your true options for selling.

    If the price you “need” to get doesn’t leave room for a real estate agents commission… you may need to look at selling the house FSBO or getting an offer from a local real estate house buying company like us… to see if that gets you closer to where you need to end up.

    On the flip side… if you need near full-retail value and you can wait it out for a retail buyer to come along who can pay that price… list your house on the MLS.  If you don’t have the time… consider talking to us for a fast cash offer on your house (we can make you an offer in less than 24 hours and close in as little as 5 days if you need to, with all cash).

    3. Look into your options and take action! 

    Like I mentioned above, if you’re looking for someone who can say “yes”! when you ask them to “buy my Toronto ON house for cash”… the main things you need to determine yourself are:

    1. How fast you NEED to sell
    2. How much you NEED to get out of the sale

    Once you know those… look at your options below as a quick guide to help you decide which options may work for you with your local Toronto house sale.

    • Real Estate Agent: If you can wait 3-6 months to sell and can afford the 3-6% in commissions on the sale. If so, going with an agent will likely get you your highest price on your property.
    • Local Real Estate Investor / House Buyer: If you need to sell fast, we can buy your Toronto house in as little as 5 days. We won’t be able to pay full-retail on your house… but we don’t charge any fees at all. What we offer you is what we pay you. If you value your time and a quick sale more than making a few extra bucks 6 months from now… call us today at (647) 848-7790 or click the link below to fill out our online fast offer form.
    • For Sale By Owner: If you can wait 3-6 months to sell but can’t afford the 3-6% in commissions to an agent, you may want to try to sell it yourself.
    • Talk To Your Bank: If your mortgage is “underwater” or you’re in or nearing power of sale… your first step may be to talk to your bank to see if they have any mortgage relief programs.  Some banks offer assistance or can at least guide you in a direction to lessen the burden.

    We can help you strategize how to sell your Toronto ON house fast. Give us a call at (647) 848-7790 for help selling your house fast, or fill out our form to see if your property qualifies for a fast, fair all-cash offer.

    There are several reasons why you may be thinking “I need a cash house buyer to cash me out – please let it be that simple” (and it can be). Regardless of your reasons, you need to prepare your house for sale just as you would any other product. A thoughtful preparation WILL turn your home into an attractive option for buyers. Doing it this way, you can sell your house fast and get top dollars.

    [Here’s the video of a Toronto house we bought through our Cash House Buyer program.]
    Cash For Houses In The GTA - We Buy Houses For Cash Toronto

  • How to Sell a House Fast in a Slow Market – 5 Tips to Help You Sell Quickly

    “Help! I’m Trying To Figure Out How To Sell a House Fast In a Slow Market”

    5 Tips For Home Sellers

    If you own a house in Toronto and want to sell it quickly, read this blog for 5 tips that will help you sell your house sooner!

    Tip #1 – Skip The Fix-Up

    One of the most time-consuming reasons that homes don’t get sold as quickly as the seller wants to sell is because of the renovations, repairs, and clean-up that needs to happen before the home can go on the market. Real estate agents understand what their buyers are looking for, so they usually urge sellers to make renovations. Unfortunately, the larger the renovation, the longer the sale is delayed. In a slow market there is often many other beautifully renovated houses for buyers to choose from. If your house isn’t renovated, then many buyers may not even look at it.

    Tip #2 – Forget Retail

    When a home is sold “on the market” (usually listed by an agent), the prospective buyers are usually called “retail buyers,” meaning that the buyers are looking to buy a home that they want to live in. Unfortunately, retail buyers are notoriously unpredictable and they buy on their own timeline, which may not be your timeline! A better option is to think about selling to a professional house-buying company.

    Want more info about how to sell your Toronto house quickly? Click here to fill out the form or give us a call at (647) 848-7790

    Tip #3 – Gather Your Data

    how-to-sell-a-house-fast-in-a-slow-market
    How to sell a house fast in a slow market? Contact GTA House Buyers today!

    One surprisingly time-consuming piece of the sales process is when the buyer requires information that the seller needs to find. This might include information such as when the HVAC unit was installed or when the roof was last shingled, etc. Homeowners who anticipate these questions and have the answers at their fingertips can usually accelerate the buyer’s timeline and potentially sell their homes faster.

    Tip #4 – Bypass The Agent

    An agent is motivated to sell your house and try to get the best price for it. While that is important, it means that they may not always have your preferred timeline in mind – since an agent may choose to delay if they think they can get a higher price. Bypassing an agent and selling directly to a buyer, such as a buyer like us at GTA House Buyers will help you to sell your house faster. (We are home buyers and we have cash on hand to buy your house right now)

    Tip #5 – Get Ready To Decide

    It is our experience that homeowners who think they are ready to sell are not always truly ready. They WANT to sell but when it comes time to make a decision, they have difficulty moving forward. If you are really interested in selling fast, and you get in touch with a company like us, get ready because we can move very quickly and can even close in and put a check in your hands in about a week!

    Are you wondering how to sell a house fast in a slow market? Click here to fill out the form or call us at (647) 848-7790 right now

  • Cash for houses in Toronto – how to sell your house for fast cash

    cash for houses
    Need to sell your local GTA house fast for cash? Explore your options below…

    Yes, Local house sellers are still getting cash for houses in the Greater Toronto area even in this real estate market.  Years back, selling a Toronto house for cash was quite easy and fun.

    All you had to do was hang a “For Sale” tag on your front yard and wait for potential buyers to call you… and sometimes you’d get 5 above asking price offers before dinner time.

    However, in today’s roller coaster market, just about everyone from homeowners to real estate investors and agents are having trouble when it comes to selling houses fast in some parts of the local market.

    Throughout the Greater Toronto Area, more and more homeowners are seeking to sell their homes fast thus creating stiff competition in the market.

    However, if you are trying to figure out how to you can get cash for houses in Toronto ON, then you should not lose hope, especially if you know what you can control; and there is a lot that you can control.

    [See the video below of a house we bought through our Cash For Houses program.]

    Here are a few tips that can help you sell your Toronto area house for cash in the shortest time possible…

    Getting Cash For Houses in The Toronto ON Area

    There are a few viable options when you’re selling your Toronto area house for cash in today’s market… and I’ll walk through some options here in this article. Hopefully by the time you get to the bottom of this article you’ll have a pretty darn clear picture for the options you can go after to sell your house fast without hassling with a buyer who has to get a loan from a bank… that may take weeks or months. Quite often these days sellers are facing the sad reality that buyers are getting rejected by the banks and they’re backing out of their purchase agreements in record numbers.

    Do not be carried away with emotions

    When you are trying to sell your Toronto house fast, you must start off by taking complete charge of your emotions. When your life and money, or both, are tied up in the house, it is quite easy to succumb to the power of emotions when selling your house. However, you need to know that you will be able to make a wise decision and get the best deal when selling your house fast if you take a logical approach to the task at hand.

    Know your competition here in Toronto and your neighborhood

    While trying to sell their ON houses fast, most homeowners place a “For Sale” tag in their front yards blindly without doing a prior research of the prevailing market prices. Remember, every buyer wants to get the best value for his money… but some house sellers can wait the 2-4 months to sell that it may take for a full price buyer to come along… while other sellers need to sell immediately.

    So if you need to sell immediately… see what the other houses in your neighborhood that are similar to yours are listed for (or just sold for)… then look and see how long they took to sell.  If you can’t wait that long… how much of a discount are you willing to give the cash buyer in order to attract them to buy your house quickly?

    As such, potential buyers will be doing a thorough research in order to find the best house that suits their budget and needs. To help you out, you need to know what the other sellers are offering in order to know how to quote your house competitively.

    Objectively assess your situation and property

    It is important that you establish whether your house can compete effectively with what other sellers are offering. It if cannot, then find out if you can make a few repairs to make it competitive in the marketplace. If this is necessary, you need to create a budget and timeline during which you will renovate your house before putting it up for sale if you’re going to try to sell it to a “retail” buyer (someone who plans on living in the house).

    However, if you do not have the finances or time to repair the house, you can still sell it fast in “as is” state. That’s actually what we do here at GTA House Buyers. We buy Toronto area houses… we pay cash… we can close quickly… and you won’t have to do any repairs at all.

    Give us a call at (647) 848-7790 if you need to sell fast... we can make you a fair all-cash offer within 24 hours. No obligation or hassle at all. Take the offer, chew on it and decide if it’s right for you.

    Get the pricing right

    Most local Toronto area home sellers fail to sell their houses fast because they are asking for too much.

    Be sure to talk with an experienced real estate agent in order to give your house the right valuation so you know what you may be able to sell it for if you list it with an agent.  If you can wait the 2-4 months to sell to a full priced buyer… awesome! Price it high and see what you can get!

    If you have to sell your house fast… you’ll need to price your house more attractively and be willing to negotiate on price.

    There are several reasons why you may want to get cash for houses in Toronto. It could be due to a pending foreclosure, a recent divorce or death in the family, the need to downsize to save money or your house is just stressing you out. Regardless of your reasons, these simple tips can help you sell house fast at a competitive price.

    we pay cash for houses in Toronto ONWant to learn more quick home selling tips? Click here. Better still, call us today at (647) 848-7790 for amazing cash for houses deals in the Greater Toronto Area. 🙂

    We here at GTA House Buyers offer cash for houses in the Greater Toronto Area.  We’re local buyers helping local home owners sell their house quickly with no hassle.

    We either hold these houses ourselves as rentals or remodel and fix them up for someone else who would love to live there and enjoy the home themselves.

    If your Toronto ON house qualifies, we can you make a quick and fair cash offer.

    [Here’s a video of a house we bought with our Cash For Houses program.]
    Cash For Houses In The GTA - We Buy Houses For Cash Toronto

     

    Fill out the form to get a fast and fair cash offer on your Greater Toronto Area house, or give us a call at (647) 848-7790 and get an offer within 24 hours