Mortgage Broker Store Now Acting as a Cash Home Buyer for Ontario Properties

Scarborough, Ontario – 10 October 2021 - Those looking to sell their home quickly in Ontario can reap the benefits of living in one of Canada’s hottest real estate markets - if they take the right actions

• Ontario’s housing market remains red-hot as prices continue to rise
• Home values in the province grew by an average of 20 percent from 2020
• Ontario homeowners can cash in on their rising home values
• Getting your home sold in a few days is possible
• Learn what makes a home sell fast from the experts

As of this month, Mortgage Broker Store has announced that they are now providing cash home buying services in Ontario. With this new offer, homeowners who need to quickly sell their homes now have a viable and trusted partner they can turn to. For any homeowner facing power of sale, foreclosure, or financial difficulties, this provides them a safety net to get out of trouble and land on their feet.

The traditional home-selling process is long and highly stressful. Even in a strong seller’s market like in Ontario, a home can take months to sell. In the meantime, the homeowner is stuck with managing viewings at their home, and all the mess it makes, paying exorbitant amounts of money for real estate fees and commissions, and is still on the hook to pay the mortgage and other home-related expenses.

There are many other reasons why someone may want to sell their home quickly. Some might just be trying to downsize to something more manageable or avoid paying for expensive repairs to their property. They may have already bought a home and don’t want to, or can’t afford to, spend lots of money maintaining two properties for an extended period of time.

For those who are managing lots of debt and struggle too, or, are unable to pay their mortgage, selling their home quickly is crucial. Their lender can take possession of the home in as little as a month from the date the last payment was missed.

In order to get fair value from the home equity they have built up, the homeowner can sell their home before their lender takes possession. In this scenario, the homeowner avoids paying numerous fees to their lender, saves their credit score, and they can control how much they will sell the house for. The problem is that they only have a month to do so, which can be challenging to say the least.

There are several things a homeowner can do to help sell their home fast in Ontario. They can do a deep clean and decluttering of their property to ensure it looks sanitary and welcoming. Repairing any obvious damages, or blemishes will make the home look more attractive during viewings as well. Restaging the home may be expensive but, helps potential buyers imagine what they can do with the space.

All of these methods are great for increasing the chances that someone will buy the home, but they are not the fastest way to sell it.

For those who are in urgent need of selling their home, the fastest method is to find a Cash Home Buyer in Ontario. A cash home buyer can purchase the home in a matter of days. They are an individual or company that focuses on buying homes outright in order to sell it at a later date or rent it out. More info here: https://mortgagebrokerstore.com/cash-house-buyers-ontario

A cash home buyer can provide an offer on the home a day after conducting a short inspection and appraisal of the property. The inspection process only takes a few hours and it can be done remotely through photos or video provided by the homeowner. They will appraise the property and provide an offer based on what similar homes in the region sell for.

With a cash home buyer, the homeowner can get their home sold within a week and avoid the hassle and expenses that come with maintaining the home and paying a real estate agent. Real estate agents can charge fees worth 6 percent of the home’s value when it was sold, further reducing the return for the homeowner.

Over 30 percent of Ontario homeowners report having almost no excess cash after paying their mortgage expenses. Almost half of all Ontario respondents in a recent Ipsos survey say that within the next year they won’t be able to cover their living expenses on their own.

Throughout 2020 over 330,000 jobs were lost in the province. While some sectors in the economy bounced back, the recovery is far from over, and with inflation reaching decade-highs in 2021, many homeowners are feeling the financial squeeze and may even be at risk of losing their homes.

The home is a valuable asset. If some homeowners are at risk of losing their homes, they can take advantage of Ontario’s red-hot housing market to cash in while they still have possession. The Canadian Real Estate Association released a report on September 15th showing that Ontario homes experienced an average increase of over 20 percent their value from September 2020. Homeowners experiencing financial hardship can use these trends to maximize their financial return by selling their homes.

If homeowners need to sell their homes as fast as possible, a professional cash home buyer is the ideal solution. By selling their home quickly, they can repay their debts, regain financial stability, and move into a more affordable home.

Contact Name: Ronald Alphonso
Company Name: Mortgage Broker Store
Email: ron@mortgagebrokerstore.com
Address: 55 Huntingdale Blvd, Scarborough, ON M1W 2N8
Phone: (647)-363-6746
Website: https://mortgagebrokerstore.com/

If you are interested in mortgage solutions for your home or want to learn more about working with a cash home buyer then call the experts at Mortgage Broker Store at 647-363-6746. They can help you understand your options and provide expert advice for free. With over a decade of experience in Ontario’s real estate market, if you need to quickly sell your home, they are the professionals you need to talk to.

This release was published on openPR.