What is a Cash House Buyer?
Simply put, a cash house buyer is a person or a company that has the cash funds to purchase a property. This person or company does not need to take out a mortgage or any other financial instrument to pay for a house. This makes completing the transaction a lot quicker. You and the cash home buyer transact directly, no real estate agent involved. You also avoid additional costs because there is no commission to pay!
You can sell your home fast in Ajax by opting for a cash house buyer. This is a convenient option for let’s say just wanting to get rid of a vacant house or maybe you need to move to a new city where your new employment is, and you need to sell condo fast. Whatever your situation, if you want to sell your house quickly, then selling to a cash house buyer is a great option. It avoids red tape, requires less paperwork, less verification, and ultimately less processing time.
2021 Seller’s Market
If you are thinking about selling your house, condo, apartment, cottage, or any property in Ajax, now might be the best time to offer it at a very lucrative price. To sell it more quickly, consider selling it to cash house buyers.
Speak With A Cash Buyer Right Now
With quick and friendly service, we are always happy to offer free advice. Whether you are serious about selling or just curious, we can explain your options and what to expect.
The demand for real estate is still at an all-time high this 2021 and it doesn’t look like it’s slowing down anytime soon in Ontario. For the town of Ajax alone, Zolo reports a 23% increase in sales prices from the same period last year. According to TRREB Chief Market Analyst Jason Mercer, “Price growth in September continued to be driven by the low-rise market segments, including detached and semi-detached houses and townhouses. However, competition between buyers for condo apartments has picked up markedly over the past year, which has led to an acceleration in price growth over the past few months as first-time buyers reentered the ownership market.”
Waterfront Town of Ajax
You won’t have a problem finding a cash house buyer in the progressive town of Ajax. In fact, according to Zolo statistics, out of the 23 cities in the GTA, Ajax ranks as the 2nd fastest home selling, 3rd highest turnover, 12th fastest price growth, and 20th most expensive in the housing market just between Milton and Caledon. Buying a house in Ajax, according to TRREB report costs around $958,462 on average— that is a 112% price increase from 2020.
Located in the Regional Municipality of Durham, Ajax takes pride in its diverse and vibrant Great Lakes community with 100% of its drinking water being sourced from Lake Ontario. Situated between the City of Pickering and the Town of Whitby, Ajax has a population of around 120,000 residents spread around 7 communities of its 67km2 land. It currently is revitalizing its downtown, adding in a new civic space at the heart of Pat Bayly Square and attracting more companies to add to its growing roster of 2000 businesses.
Ajax is a calmer area compared to other cities in the GTA yet is a thriving neighborhood by the lake. It is an ideal home for first-time homeowners who want the best of both worlds— a quieter community with the buzzing Toronto just 20 minutes away.
Cash Buying Process for Ajax
Selling your house, condo, or cottage in Ajax to a cash house buyer is not that difficult. Just search for cash house buyers in Ajax or Ontario online and you would get a lot of available options.
Property in a poor condition
Is your property damaged? Worried that you might need to fix things up your place before selling? You don’t need to. That is one of the reasons why a cash buyer is a great option. The cash buyer will buy your property “as-is” with the proper assessment of the house condition, of course. The price may be lower due to the repairs that need to be done, but you will still save your time and avoid the hassle of doing it yourself.
Sell and rent back option
For unfortunate circumstances when tenants cannot afford to pay and end up being evicted from their homes that they still want to live in, selling to a cash buyer is a worthwhile solution. The cash buyer will purchase the home and allow the seller to live there as a tenant. You can contact Mortgage Broker Store for more information about this option.
When choosing a cash house buyer, take precautions and do your research to make sure that the cash house buyer is legitimate and well trusted. You can ask for proof of funds like a recent bank statement to prove they really have the funds, especially if you are dealing with an individual and not a corporation. Check for reviews and get quotes from several cash buyers to compare housing prices. It would be wise as well to know the current state of the real estate market of Ajax and the Durham region, just so you know if you are being quoted fairly or not. Cash buyers usually give you housing quotes within 24 hours. Mortgage Broker Store is a cash home buyer and can be contacted for free advice.
Have More Questions?
As Cash House Buyers ourselves, we can directly answer any questions you may have about the process. Since everyone’s situation is a bit different, we can look at your unique circumstances and give concise and actionable advice.
There are a lot of considerations when selling a home and even more reasons why one needs to sell it fast. If you can’t afford to wait, then selling to a cash house buyer is the way to go. This is a very favorable situation for both buyer and seller because after all time is gold.