The quick answer to that question is no.
[See the video below of a house we bought as-is.]
We are local cash house buyers in Toronto ON and work with local home owners who are interested in selling a house as is. The home owners we’ve worked with come to us with all kinds of reasons for needing to sell fast.
But one of those is that the house is rundown and in dis-repair and they just don’t have the time or money to make the repairs needed to be able to sell it fast on the open market with a real estate agent.
But here’s the “official” reason we’ll buy a house in any condition in and around the Toronto market (including other cities in Ontario).
Why Cash House Buyers In Toronto ON Will Buy A House “As-Is”
Since we buy houses with cash and don’t need to get bank approval… we have the flexibility to buy local Toronto area houses in any condition.
Normally traditional banks won’t finance a house if it’s in disrepair.
They see it as a risk and won’t lend on the normal “fixer upper” house.
That leaves a lot of home owners in our area without a good option to sell the house because 95% of the buyer pool has to get a traditional loan to buy a house.
That’s where we come in.
Here at GTA House Buyers, we are cash house buyers in Toronto. Our business model is to help homeowners who need to sell a house fast (especially houses that need work) by buying your house for cash… then us and our local partners fix up the property, beautify the neighborhood, and sell it “move-in” ready to a happy new home owner.
We pay for all of the repairs.
We pay for the closing costs.
We will take all the contents and junk that you don’t want.
We do all of the work, so you don’t have to.
If you’re interested in selling a house as is, then know that our goal is to make the whole process no hassle for you, so you can move on with your life and put this house behind you.