“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.
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!
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.