FAQ

Q. I'm on the verge of bankruptcy.  How fast can you buy my house?

A. It can take as little as a few days.  The key here is flexibility on the financing.  It is very fast for an investor to bring your mortgage current then take over the payments.  For a more traditional financing arrangement, it can take longer, perhaps up to a month.  We can discuss the various options when you call us.

Q. Are you real estate agents?
A. No.  We are a small group of regular people who invest in real estate.  In fact, the owner Kris is a business consultant by trade!

Q. How much will you pay for my house?
A. A real estate investor makes a living by buying and selling or buying and renting properties.  If an investor is able to put less of his own cash into a deal, then that makes the property more valuable to him.  Some ways of doing this are simply taking over your payments, having you hold a note for a portion of your equity and so on.  The easier it is for the investor to buy, the more he will pay.

Q. My house is in total disrepair, would you still buy it?
A. We buy everything from abandoned properties to brand new houses.  One of the ways we make profit is by buying run down properties then repairing and remodeling them to resell.  We will consider anything and everything.

Q. It sounds like you just take advantage of people in bad situations.  Is this true?
A. We help people to cope with and find their way out of a predicament.  Every day honest, hard working people lose their jobs, get divorced, become overburdened with debt and so on.  For many of these people, the only way out of their jam is to raise cash fast.  This is where the traditional real estate system fails them because it simply takes too long to see the money.  We, as investors, have money available and can get sellers cash within days.  But if we cannot put together a winning deal for everybody, then we will not do the deal - taking advantage of people is not in our long term interests..

Q. How much will this cost me in fees and commissions?
A. Nothing.  Since we are not realtors there are no commissions.  When we make you an offer, this is your money to keep...all of it.

Q. What are the steps I need to go through to sell my house?
A. We use a system we call  C.E.B.O:
     Contact - we have an initial telephone conversation
     Evaluation - we meet together to evaluate your situation
     Brainstorm - together we identify some win/win options
     Offer - we make you a no obligation offer

Q. How does one of your typical house buys work?
A. Typically, the owner needs to sell a house fast; this may be due to money problems, divorce, job transfer, etc.  Many of the houses we see are either vacant or in bad shape.  We negotiate a deal with the seller which often involves non traditional financing arrangements such as taking over the seller's existing financing, purchase options, lease to own agreements and so on.  Once we've purchased the house we then repair/remodel it and either resell it or refit it as a rental.

Q. Do you buy houses in Toronto?
A. No.  We are a local company based in Paris, Ontario and buy houses only in the Paris/Brantford/St. George/Brant areas.

Q. What's the worst that could happen?
A. We make you an offer that you are not satisfied with and you reject it.  No harm done!

Q. Why wouldn't I just sell my house privately?
A. If you are not in a rush to sell your property, you should sell it privately, or through a realtor if you are not comfortable selling it yourself.  Our customers come to us because they know we can buy immediately and get them cash within days.

Q. Who are your typical sellers?
A. You've lost your job and can't afford the mortgage payments anymore.  You've just been through a divorce and can't support a house on a single income.  You've inherited a property and want it sold immediately so you can get your cash.  You've owned a rental property for years and are tired of dealing with leaky pipes, demanding tenants and bounced cheques.  These are some of our typical sellers.

Q. Do you pay a referral fee if I find you a property?
A. Certainly.  Most of the houses we buy originate from referrals so these are extremely important to us.  We will pay $300 - $500 as a referral fee for properties referred to us - please contact us for details.

Q. I like what you're doing.  Could I join your group?
A.
Give us a call.  We are always looking for motivated sellers, but also new or experienced investors.  Additionally, we could not operate without a reliable network of quality tradespeople, contractors and handymen, since many of the properties we buy need substantial renovations.

Q. Where can I get more information
A. Just give us a call and we can answer any other questions you have.  Let's talk!

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