How Do I Sell My House in Toronto, Hamilton or Southern Ontario Fast, for Cash?
We buy houses all over Southern Ontario. We’re not listing your house… We’re actually the ones buying your house. Because we pay cash, we’re able to close quickly… or on your schedule.
Either fill out our form below or call us at 647-372-5262 to tell us a bit about your property.
GET YOUR OFFER
We will visit you at the property, answer all your questions, and present you with a fair, cash offer.
If you like our offer, simply sign your offer, choose a closing date, and collect your cash at closing.
How we Calculate our Offer to Buy your Toronto, Hamilton or Southern Ontario Area House
We like to provide as much transparency into our process as possible. We want you to understand your offer so that you can make the best decision for you and your family. Are you ready for a little math? 🤓
Our Cash Offer Formula
Your Offer = [After Repair Value] – [Cost Of Repairs] – [Our Selling Costs] – [Our Minimum Profit]
After Repair Value
This is the market value of your condo, house or multifamily property AFTER we renovate it to a modern, high-end standard. We determine this value by looking at the top recent home sales in your area.
Cost of Repairs
Our In-House Contracting Team tells us what it will cost in order to bring your property up to a modern, high-end standard. By having an in-house contracting team we are able to keep our renovation costs low and make you a higher offer!
Our Selling Costs
Although we buy houses direct from sellers, when you are selling a newly updated home, you need to work with an agent and professional home stager in order to get top dollar. Plus we have to pay legal fees, closing costs, taxes etc. This amounts to ~10% of the After Repair Value… our buyers offers are not as generous as ours! 😊
Our Minimum Profit
We are a business and we do need to make a profit. We need to pay our people and provide for our families as well. BUT, we would rather do a lot of deals with a little less profit than a small number of deals with big profits. It makes our business more consistent and helps ensure we keep all of our contractors busy! Plus it means we’re more likely to give you an offer that you are excited to accept!
How about a Real World Example?
Here’s an example using real numbers from a single family home that we bought and flipped recently.
After Repair Value: $490K
Cost of Repairs: $120K
Our Selling Costs: $30K
Our Minimum Profit: $40K
Our Offer = [$490K – $120K – $30K – $40K] = $300K
In this case our client’s house needed quite a bit of cosmetic updating and they didn’t have the money or time to deal with it. They were also getting older and wanted to move closer to their adult children. They were happy with the offer of $300K and the quick 30-day close we were able to offer them. Win-Win! 😉
We are your local Toronto, and Hamilton area Home Buyers
Give us a try! You will be happy you did!
Regardless of your situation, Fast Ontario Home Buyer is dedicated to providing you a fast, confidential and fair offer to buy your house on your terms. We buy houses all over Southern Ontario from Toronto and Hamilton and their surrounding areas, to Kitchener, Waterloo, Cambridge, St. Catherines, Peterborough, Oshawa, Barrie, Brantford, London, Windsor, Guelph and … you get it. All over Southern Ontario!
We encourage you to explore all of your options when selling your Toronto or Hamilton area house so you can make the best decision for your situation! We would love the opportunity to make you a no-hassle, no-obligation, no-risk offer! Our prices are fair, honest and can help you end the burdens of an unwanted house! If you’ve said, “I need to sell my house fast,” give us a call today to learn more about what we can do for you! 1-647-372-5262