Answers to Common Questions

Q: How are you different from real estate agents?

A: Real estate agents “list” properties. They charge you a commission to sell your property. There are no guarantees if, when, or how much your property will sell for. The average property takes months to sell. Some take up to a year or longer! This uncertainty often causes great stress and anxiety for both you and the agent. And on top of that, you have to constantly keep your home spotless "just in case" a possible buyer wants to look at your home. Usually not until the day your property sells and you get your cheque, do you even know exactly how much you’re going to receive.

As active real estate investors, we don’t want to just “list” your property, we actually want to buy your property! We don’t charge you any fees or commissions and can buy your house in whatever condition it happens to be in. We can often make you a fast offer within 24 hours, and can often close in less than one week!

We want you to have a fast, hassle-free, stress-free sale!


Q: Do you pay full market value?

A: It depends on your definition of "Full Market Value". Please don’t confuse what a real estate agent tells you is the value of your property with how much money you will actually put in your pocket if and when the property sells.

First of all, it is quite common for a house to sell for significantly less than what the real estate agent lists it for. How much less will depend on the current real estate market as well as the experience and skill of the agent involved.
Secondly, when using a real estate agent, it isn’t uncommon for you as the seller to be required to do a number of repairs to satisfy the buyer, often at the suggestion of their home inspector. These repairs could easily stack up to cost thousands of dollars.
Third, don't forget your holding costs (your mortgage and tax payments, and the "opportunity" cost of your money tied up in the property, which could be making you money somewhere else). A real estate agent will not make your mortgage payments for you while you wait for a buyer. We don't want you to wait - we want to buy your house now!
Finally, there are commissions to the agent which can be as high as 7 percent, and your closing costs which can be as much as 3 percent. And let's not forget about possible early mortgage payout penalties, which can reach into the tens of thousands of dollars!
A real estate agent could tell you your house or property is worth X amount of dollars. If and when your agent sells it, don't forget to figure in your holding costs, price reductions, repair costs, commissions, closing costs, payout penalties, etc., etc. – it is likely that tens of thousands of dollars will be taken off the top of what your agent originally suggested your house was worth!
The Bottom Line: Our goal is to agree on a fair price that meets your and our needs and then to close whenever suits you best. If we can't agree on a "win-win" sale, we do nothing.  No one loses and it costs nothing to explore your options.


Q: How much will you pay me?

A: Unlike your typical house shopper, as investors, we have the flexibility to offer you a number of specialized purchase methods, each geared to focus on certain benefits to both seller and buyer, depending on the situation. Each method relies on various formulas to determine how much we can pay for a house or property, but all of our house purchase methods are designed to give you the benefit of selling your house quickly, as is, without doing any work or repairs.

How much we can pay for your home or property will be based on many factors. These include the condition and repairs that are needed, the time factor, your loan balance, your existing equity in the house (if any), and of course your needs. You'll know the answer within 48 hours, giving you a full range of options so that you can make the most informed decision.

Q: Is there any risk, obligation or charge?

A: There are no fees or commissions that are charged for any of our services. And there is no obligation or risk for us to simply discuss possible "win-win" solutions with you. Once you submit the property information, you'll either get an email or call shortly after, and if we feel we can move forward, we'll arrange to see the house.

Q: How fast can you close?

A: Our minimum is about ten days, or we can wait until you're ready to move, even if it's months away. 

Q: What if I'm in foreclosure or facing bankruptcy?

A: We can buy houses in foreclosure and bankruptcy right along with those that are not in distress, in all areas and price ranges.

Q: Where do you buy?

A: Kitchener, Waterloo, Cambridge and surrounding areas.

Q: What if I owe more than it's worth?

A: We may still be able to buy, but we'll need all the facts in order to determine the best solution.

Q: Do you pay cash?

A: In many cases, yes, but we also have other methods that are better geared to certain situations. Often, a cash sale is not in the best interests of the seller or buyer, especially in cases where there is a large mortgage payout penalty or the house is worth less than what is owed. Again, once we know more about the underlying financing and various other details of the house, we can then determine a strategy that best gives both parties what they're looking for.

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