ClickCease

Ontario’s Trusted Home Buyer Since 2008

Call or Text Us 24/7  (647) 848-7790

Category: Case Studies

  • 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 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.

  • Best Home Buying Companies In Ontario

    Elizabeth wanted to find the best home buying company because she needed to sell her Ontario house fast. So Elizabeth searched on the internet and contacted four different companies. You can learn from her experience and hear in her own words what she learned. As a home seller, she’ll tell you what to look for if you want to find the best home buying companies in Ontario.

    [See the video below where Elizabeth shares her experience.]

    Who are the best home buying companies in Ontario and how do I find them?
    Who are the best home buying companies in Ontario and how do I find them?

    To give you a bit of background, Elizabeth had bought a new home out of province and needed to sell her current home fast in order to buy the next home. She contacted companies that advertise things like “Cash for your home” and “We buy houses fast”. What she found was that some of these companies just didn’t deliver. Some companies wouldn’t buy fast at all and some companies offered prices that were ridiculously low.

    Unfortunately, Elizabeth signed an agreement with one company that failed to buy her house and caused her a lot of stress. This other company offered a high price, but their offer was “conditional” for a long time, they asked for a MAJOR price reduction shortly after signing, then they couldn’t close on the expected closing date. Overall it was a horrible and stressful experience for Elizabeth and her family. Elizabeth was extremely stressed out and couldn’t eat or sleep for days. Fortunately, she had also called a home buying company that was able to close on her house in just TWO DAYS, paid a reasonable price, and gave a great customer experience. Elizabeth learned that all home buying companies are not equal and she is willing to share what she learned with you.

    In her own words, here is the letter that Elizabeth wrote to Aaron and JJ of GTA House Buyers. Elizabeth was not asked to write this, it came from her heart. She wants to share it so other home sellers can avoid the stress that she went through.

    .

    Hi,

    My name is Elizabeth and I wanted to share my excellent selling experience with GTA House Buyers.

    Aaron and JJ are genuinely great people who really are in the business of helping people with their real estate needs.

    My family and I were completely stressed out because; initially we were in a contract with a different company, who said they needed 24 days to close our deal because we are a rural property.

    We needed to close within the next 3 days because we bought another property out of province that was closing.

    Aaron was able to close our deal with a very fair price within 48 hours, even when others said it would be impossible, and my family and I were able to make a smooth transition to our new place.

    They even let us stay in the house a few days after closing and we were able to leave whatever furniture and household items in the house at no extra charge. This really helped us a lot in our out of province move.

    I just cannot say enough good things about Aaron and JJ, they really are the real deal – it’s not a surprise that they are rated A+ under the Better Business Bureau.

    They are super honest and caring, they deliver above the set expectations and you can really feel that personal touch that you only get with excellent customer service.

    I highly recommend GTA House Buyers for your real estate needs.

    If you really want a stress and hassle free selling experience along with a fair price and the closing of your choice, please save yourself the headaches, and disappointments, and sleepless nights from shopping around and comparing different “cash for houses” companies and just skip over to the right step of the process and give Aaron and JJ a call. You won’t regret it.

    .

    Here’s the video where Elizabeth shares what she learned about the best home buying companies in Ontario …

    Best Home Buying Companies in Ontario | Call 647-848-7790
    Would you like a fast and easy home sale? Please contact the best home buying companies to ensure that you get what you expect. If you’d like to learn from more happy sellers, then please read more GTA House Buyers reviews. You can contact us today for more information! (647) 848-7790