Frequently Asked Questions
Maybe you have a few questions. That’s okay; most people do. So here’s a quick collection of some of the questions people ask us… along with our answers. If you still have a question, don’t hesitate to contact us (or give us a call) and we’ll be happy to answer it for you.
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 and how much your property will sell for. The average property takes months to sell. Some take over a year! This uncertainty causes great stress and anxiety. 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 check, do you even know exactly how much you’re going to receive.
As your private real estate investor, we don’t want to “list” your property, we want to buy your property. We don’t charge you any fees or commissions. Within 24 hours we can make you a fast cash offer, and often as quickly as five days we can close! We buy houses cash.
We want you to have a fast, hassle-free, stress-free sale!
Q: Will you be listing my house on the MLS or actually buying it?
A: Great question. We’re not agents, and we don’t list houses. We are professional home buyers: We buy houses cash in the Greater Toronto Area that meet our purchasing criteria. From there we may repair the house and resell it to another home owner or keep it as a rental ourselves.
Q: Do you pay fair prices for properties?
A: Many of the houses we purchase are below market value (we do this so we can resell it at a profit to another home owner). We are looking to get a fair discount on a property. However, in our experience, many sellers appreciate that we can offer cash, we close very quickly (no waiting for financing), and no time or effort or expense is required on your part of fix up the property or pay agent fees. If that’s what you’re looking for and you see the value in getting your house sold fast… let’s see if we can come to a fair win-win price. (Besides, our no-obligation pricing commitment means that you do not have to move forward with the offer we give… but it’s good to know what we’re offering!)
[DOWNLOAD our free guide that walks you through the Pros and Cons (plus the cost and timeline) of selling your house to a real estate investor… plus learn the pros, cons, and costs of the other two alternatives… listing with an agent or selling it yourself. Head on over here download your free guide →]
Q: How much will you pay me?
A: We have the flexibility to offer you a number of personalized purchasing programs. Each has its own methods and formulas to determine how much we can pay for a house or property; allowing you to benefit from the fastest possible sale 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 location, the time factor, your loan balance, your equity if any, and your needs. You’ll know the answer within 24 hours.
Q: Is there any risk, obligation or charge?
A: You have no obligation or risk for us to have an initial contact. We don’t charge a fee or commission to simply discuss possible “win, win” solutions. Once you submit the property information you’ll either get an email or call shortly and if we feel we can move forward, we’ll arrange to see the house. We’ll make you an all-cash offer that’s fair for you and fair for us. From there, it’s 100% your decision on whether or not you’d like to sell your house to us… and we won’t hassle you, won’t harass you… it’s 100% your decision and we’ll let you decide what’s right for you.
Q: How fast can you close?
A: Minimum is five days or we can wait until you’re ready to move, even if it’s months away. We buy houses cash, so we don’t need to wait for a bank to give us a mortgage.
Q: Do you buy condos?
A: Yes we buy condos! We frequently purchase condo apartments and condo townhouses. We even pay for and order the condo status certificate.
Q: What if I’m in foreclosure, Power of Sale or Bankruptcy?
A: We buy houses in foreclosure, Power of Sale and bankruptcy almost every month right along with some that are not in distress, in all areas and price ranges.
Q: What if I owe more than it’s worth?
A: We may still be able to buy but will need the facts in order to determine.
Q: Where do you buy?
A: Greater Toronto Area and some surrounding cities. From the east in Durham and Oshawa, even out to Port Hope, Cobourg and Peterborough. In the west out to Brampton and Milton. North to King and Newmarket. South as far as Hamilton. Anywhere in and around Toronto.
Q: Better Business Bureau?
A: GTA House Buyers is a member of the Better Business Bureau and has achieved an A+ rating.
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Get the FREE Guide and then give us a call at (647) 848-7790 and we’ll discuss what your home is worth and what we can offer to buy it for with our Cash Offer Program.