Cash for Houses in Edmonton – Will Buyers Get A Fair Price?

Time and money are crucial factors when you are selling your home. If you need to sell your Edmonton house fast… there are local professional home buying companies who pay cash for homes in Edmonton Alberta.

Let’s dive into how you can sell your local Edmonton house fast and get cash for your house in the process without having to do the following: list your house with a real estate agent on The MLS (Multiple Listing Service), prepare your home so potential buyers can view it and then potentially wait months for it to sell.

How Do The Cash For Homes Buyers in Edmonton Work?

Finding reputable local Edmonton house buyers who pay cash for homes in Edmonton can be a daunting task. However, with a little research and legwork, you can find that there are several investors out there looking to buy all kinds of properties for cash. Here are some of the things you should look consider when you’re working with local cash home buyers (including our company, Sunrise Home Buyers, we buy local Edmonton, Alberta houses fast).

But before you read further… if you’re not sure how a cash buyer like Sunrise Home Buyers buys local Edmonton houses… check out our “How it Works” page on this site and our FAQ.

The Time and Money Trade-Off – Which Is Your Priority?

Sometimes you can get both, but when selling your Edmonton house, it often comes down to prioritizing whether you want to sell your house fast or get a better price. We all know there’s a price for convenience.

As you might suspect, it is not easy to get the full market value for your home if you are selling it fast for cash.  To get the full market value of your house, you MAY have to wait 2-4 months… and will likely need a real estate agent marketing your house to find you the best buyer. Real estate agents charge a commission (usually between 3-5% of the sale price)… so if it takes you 3 or more months to sell and you have to pay a 5% commission, plus the costs associated with owning the house all those extra months… will it be worth the wait?

Local Edmonton house buyers like Sunrise Home Buyers will evaluate your house… determine what it’s worth if it’s fully renovated… determine how much we’ll have to invest in repairing / renovating the property… how long it will take us… and of course we have to turn a small profit for our risk in buying the house, renovating, and selling it… so we do tend to make offers that are below the full retail market value.

Another consideration is the direction of the housing market. In the following video, testifying before the House Finance Committee, Evan Siddall, CEO of CMHC (Canada Mortgage & Housing Corporation) discusses risks in Canada’s housing market and household debt in Canada. He is suggesting that declining house prices are in our future. Hey, isn’t the government supposed to paint a rosy picture for us? What do they know that they aren’t telling?

Pt 1 Evan Siddall - CMHC's CEO on Risks in Canada's Real Estate Market (May 19, 2020
CMHC CEO Evan Siddal warns housing prices in Canada could fall between 9 to 18%.
(*** FEB 2021 Update – It appears this prediction was wrong at least for now…prices have RISEN!)

Having said all that, the good news is that if you work with us, we can close quickly (in as little as 7 to 10 days if you need us to)… so if selling your house fast with zero hassle is more important than getting every penny out of the sale… submit your info on the form on this next page or give us a call at (587) 982-7576.

We can make you a fast no-hassle offer in less than 24 hours.

We like to make sure every house seller we work with knows all of their options, and we even encourage you to get other offers and shop them around. We won’t be offering the lowest price in town… and we often won’t offer you the highest price… but you can be assured that when we make you an offer, we’ll follow through with what we say we’ll do. Establishing trust and demonstrating integrity are key parts of our business and are some of our guiding principles. It’s very important to us that we have a stellar track record and reputation in Edmonton, our home market.

How Much Work Do You Want To Put Into Making Your Edmonton, Alberta House Sell?

Another key aspect that local Edmonton cash home buyers like Sunrise Home Buyers can offer is that we take on 100% of the work and hassle to help resolve your problem and allow you to sell your house fast so you can get on with your life.

We handle it all.

No, we’re not listing your house like an agent does. By going that route…. you’ll still have to clean up your house…. and get it ready to show for when the streams of potential buyers want to see it…. and then go back and forth with your agent and the buyers on price and terms, etc. It can be a lot of work!

This is especially true if your house here in Edmonton needs some work and TLC!

And if that wasn’t hassle enough, the Coronavirus and all its knock-on effects have yet to play themselves out. People are rightfully concerned about listing their homes and having people come through while they are still living there.

But, we offer cash for houses in Edmonton Alberta because we’re professional home buyers based locally here in Edmonton.  If a house needs work, we’ll buy it as-is and we’ll pay for the repairs it needs out of our pocket after we buy it from you. And you won’t have to worry about the paperwork either….we’ll put it all together for you with a reputable and experienced lawyer who will make sure all is in order.

Basically, we can make you a fair all cash offer on your Edmonton house (or Call Us Today at (587) 982-7576!)… and if it’s a fit, great! We’ll handle everything.

Do Your Research And Trust Your Gut

Before you decide to go with any investor offering cash for your property, be sure to investigate their reputation carefully. Consider asking for references from the investor. Talk to people the investor has worked with in the past to determine whether they are the right fit for you.

There are people out there who are less than honest… so make sure to do your research, talk to them and make sure you can trust them, and that they can actually close on the offer they made you on time on the terms as originally discussed.

We take our reputation seriously and are glad to answer any questions you have about us, how the process works, and how we can help you.

When you’re ready to start the process of selling your Edmonton, Spruce Grove, Sherwood Park or St Albert, Alberta house fast, fill out our form and we’ll help you get started.

Call Sunrise Home Buyers today at (587) 982-7576 for an immediate cash offer on your Edmonton Alberta house… or Submit The Fast Offer Form Here >>

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