If you’re at risk of losing your home due to missed payments, time is not on your side. The bank isn’t waiting, and neither should you. When they step in to sell your home, they don’t care about getting you the best price. They just want their money back (leaving you with little to nothing).
But you don’t have to let that happen. Selling your home for cash is the fastest way to take control and keep more money in your pocket. And it’s the safest option you can go with.
Why Waiting Will Cost You
You have to take action fast because if the bank is faster and they get to sell your house, they can sell it for way less than its actual worth.
And guess who’s left paying the difference? You!
If you try to sell your house the usual way, with an agent, you waste so much time. You list your house, wait for the interested people, then deal with the showings. And it’s not even as simple because, before the showings, you have to make your house tidy and shiny. You have to take care of all the repairs and clean your house perfectly to attract buyers. You spend so much time and energy doing that but even then there is a risk of finances falling through. You can just never be sure.
A cash sale skips all of that. No waiting. No extra costs. No stress. Just a fast and fair offer that puts money in your hands.
Selling the Traditional Way vs. Selling for Cash
Many people think if they sell their house with an agent, they will get a high and fair price, but let’s be real, even after months of waiting, spending money on countless repairs, other hidden fees and mortgage piling up while the house waits on the market, you end up getting way less than you anticipated.
Here’s how the two compare:
Agent fees? Gone. With a cash sale, you keep all the money.
Waiting for buyers? Forget it. Cash sales close fast.
Endless negotiations? Not happening. You get a solid offer right away.
Expensive repairs? Not your problem. Sell as-is, no extra spending.
Uncertain closing dates? Say goodbye to delays. You pick the date.
Cash Sales Give You Control
Dealing with a power of sale is stressful enough. And it feels even worse when you feel like nothing is in your control when trying to sell your house. A cash sale lets you take control of the situation:
- You sell fast
- You avoid extra costs
- You choose when to close
- You do things on your terms
- You get paid fast, with no surprises
Instead of waiting and hoping, you get a sure deal. You don’t have to wait and watch your equity fade away, you can take matters into your own hands and walk away with money in your hands. Cash selling makes sure you save the most of your equity.
The Hidden Costs of Selling With a Realtor
Selling through an agent sounds good at first until you realize how much it actually costs you:
- Agent commissions (5-6%):
It cuts a big chunk of your final payout.
- Repairs & Fix-ups
Even minor repairs add up fast and end up taking your time and money.
Structural issues cause even more trouble for you.
- Ongoing Mortgage Payments
The longer your home sits on the market, the more you pay on the mortgage.
Which is a terrible situation to be in.
- Staging & Photos
It costs money, but you need it to attract buyers.
Because beauty sells.
- Closing Fees & Extra Costs
Cuts to your final profit even more.
And you don’t want that!
When you add everything up, you could lose 10-15% or more of your home’s value. A cash sale avoids all of these costs. That’s $25,000 lost on a $500,000 home! And that’s before closing costs and staging.
Fast, Simple, No Surprises
You don’t want to waste your time and cash selling is great for that. But that’s not all. Speed is not everything when it comes to a cash sale. Selling it for cash means no unpleasant surprises. Selling it for cash means no last-minute financing problems, no buyers changing their minds, no endless back-and-forth. Just a simple, straightforward deal that closes fast.
Cash buyers take homes as they are. No need to fix anything. No need to stage it or impress anyone. Just an easy sale with no hassle.
Why Homeowners Choose Cash Sales
Many homeowners in Alberta have been in the same position. Some tried selling with an agent, only to face delays and unexpected costs. And ended up losing their money and equity. Others chose cash sales and walked away with more money and less stress because selling for cash saved the day.
For example:
A homeowner in Alberta lost his job and missed a few mortgage payments. He didn’t wait for foreclosure. Instead, he took matters into his own hands and took a cash offer. He was able to save his equity and walk out with cash in his hands.
You can take things into your hands and save your equity too, by selling your house for cash in such a situation.
Conclusion
If you are facing a situation like power of sale, time is not on your side. But all hope is not lost. You still have options and you can still save your equity. By selling your house for cash, you can sell your money fast, saving time and saving your money because if the bank sells your home, they won’t care about your interests. It means they will get their money and you will end up losing yours.
Call us today and get an offer within 24 hours because we know that time is everything in your situation.
After getting the offer, you have no obligation and no pressure to accept it. You will choose what’s good for you on your own terms!