Ajax is a short drive on the highway from Ontario’s largest urban centers like Markham, Scarborough, Toronto and Vaughan, ensuring that homeowners in the community have access to plenty of job opportunities without having to deal with the hustle and bustle of city life. The monthly cost of living in Ajax is about $1,000 dollars cheaper than in Toronto, which is quite a bit of extra cash at the end of the year. Ajax is also blessed with a magnificent Lake Ontario waterfront that you can enjoy when you visit Ajax Waterfront Park.
Why do people want to own a home in Ajax?
Life in Ajax allows for the best of living, with its sprawling ravines, trails and waterfront parklands, as well as incredible urban resources for entertainment, shopping and employment.
Need to Discuss Your Sale?
The traditional mortgage or home selling process is not a good fit for everyone, and can feel overwhelming. You can contact us for a no cost consultation, and we can outline your options.
There’s a lot to love about Ajax, explaining why the demand for homes in this great city has grown consistently over recent years.
What’s Been Happening in the Ajax Real Estate Market?
Real estate in Ontario is hot. As of the end of September, the average home price in Ontario grew by over 24 % since the start of 2021. Ajax real estate stats as of mid-2021 include these compelling numbers:
- The average price of a home in Ajax increased by 23% from July 2020 to July 2021 to end up at $934K
- Ajax ranked 20th out of 23 municipalities in the GTA for the most expensive homes
- The average price of a condo grew 33% to $634K from mid 2020 to 2021
By owning a house in Ajax, your financial position has strengthened in recent years. Reasons for selling such valuable property vary based on individual life circumstances.
Reasons for Selling Your House, Condo or Cottage Fast
For many older homeowners, selling their homes fast in the current market conditions will provide the funds needed for a comfortable retirement lifestyle.
Young families often need a bigger home for their growing families. Some families needing larger homes may opt to sell their condo or other property fast so they can move to a larger home.
Work-from-Home Lifestyle Options
As we emerge from COVID restrictions, many employers are offering various work-from-home arrangements which make living in rural settings feasible. And so, people are selling city homes and condos to buy homes with more space.
The pandemic also caused lost employment for many Ajax households. And, making things worse is the rising cost of living in Ontario. Necessities are getting more expensive just as many Ontarians’ finances are already stretched thin.
If you can”t pay off debt, your home is your greatest asset and selling it fast can be a lifeline when other options aren’t available.
For those facing problems like spiralling debt, expensive consumer loans, loss of income, rising costs of maintenance and repairs, selling their house or condo fast might be their best option. A fast sale can reduce stress and help you get on firm financial footing.
If you are behind on your mortgage and worried you may default, you may need to sell your property fast in order to get the most value for your home before you lose it. Even a single missed payment can trigger a mortgage default and lead your lender to take your home from you through power of sale or foreclosure. When this happens, your lender takes control of your home and sells it to get their money back, leaving you with little to nothing for your home.
This process can start and finish in as little as three months with a power of sale, so you must act quickly. By selling your home fast, you can reap the benefits of getting the most money from your home, paying off your lender, and you save your credit score from a big hit. In this scenario, you must sell your home before the power of sale or foreclosure process is complete.
What If I Need to Sell My House Fast?
Many owners want the home-selling process to be quick and easy. If you need to sell your home quickly, that method may not meet your needs. There’s no single “right way” to sell your home fast. There are, however, steps you can take to be better prepared and different techniques for selling. Some things you can do to help sell your home fast are:
- Set a competitive listing price based on similar houses in your area
- Clear out and clean your home’s interior before viewings, photos/videos
- Fix any plumbing, electrical, HVAC or pest problems
- Create a detailed listing of the best things about your home
- Work with a cash home buyer
What are my options for getting my home sold quickly in Ajax?
There are 3 main options for selling your home fast. You can:
Hire a Real Estate Agent
With this common approach, you sign a contract with an agent for a set period of time and they take care of the full process including paperwork, promoting your home on multiple listing services and booking in-person viewings with potential buyers.
There is no guarantee that hiring an agent will get your home sold quickly, no matter how “hot” your local real estate market is, especially if you are trying to sell a second home or cottage fast. You will also be busy preparing for showings, and cleaning up afterwards until someone makes an offer. For some people, it’s too much hassle and stress. For others, it’s simply too long and drawn-out.
Go it Alone
Choosing to sell your property fast on your own can give you greater control over the process and save money since no real estate agent means you pay no commissions or fees. However, it can be hard to draw enough attention, especially if you don’t have sales and marketing expertise. You’re also responsible for all promotion activities, photos, videos and Multiple Listing Service (MLS) profiles, which can be a lot to handle
Sell Your Home to a Cash Buyer
This approach is often the fastest way to sell your home. Cash home buyers are private individuals or businesses looking for properties to rent out or resell for profit. They’re a lot less concerned about the style and decor of your home because they aren’t planning on living there. They’re just looking for the opportunity to profit from rents and/or by selling the property later, which is something that any home in Ajax’s market can offer. You can sell to cash buyers even if your home needs extensive repairs and/or renovations as they will take care of that once they purchase the property.
Most private buyers look at many properties and need multiple in-person visits before making an offer. Cash home buyers typically need only 24 hours after seeing a property to make an offer. Best of all, they can pay you in full, in cash, on a date of your choosing!
Finding a cash buyer for your home is the fastest way to get it sold. To learn more and get advice to suit your personal circumstances, contact the trusted mortgage professionals at Mortgage Broker Store.
We can help relieve your real estate worries!
With decades of experience in Ontario’s real estate market, the team of experts at Mortgage Broker Store knows what it takes to help sell your home quickly and for a fair price.
At the Mortgage Broker Store, we buy homes for cash all across Ontario and in Ajax. We’re equipped with the expertise and flexibility to appraise your home and provide an offer within days. When you work with Mortgage Broker Store, we can connect you with professional mortgage brokers and cash home buyers in your area to provide expert advice and keep you informed. If you want to get your home sold quickly, without hassles, and with no commissions and no fees, we are the team to speak with.
Need Advice on Your Sale?
You may have more questions on the entire process and how much money a cash buyer may offer. You can contact our team directly and we’ll do our best to answer your questions.
So, if you are interested in exploring how you can quickly sell your home in Ajax, or any property, house, condo or cottage in Ontario for fast cash, call 416-499-2122, or fill out our form on this website.