Cash Home Buyers · Canada

Find out how a cash offer on your home works, what you give up for speed, and how to spot a poor one.

Tell us about your home and why you want to sell. A verified property professional who covers your postal code will get in touch to explain how cash offers work, so you can compare them with other ways of selling before you decide.

  • How cash offers work, explained plainly
  • Matched to a professional who covers your postal code
  • No obligation to accept anything
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01What do you need?
Service
Help us match you with the right provider
02About you
03Where and how to reach you

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How it works

What a cash sale usually involves

Take your time at each step, and never feel you have to move faster than you are comfortable with.

01

You get in touch

You describe the home and what you are looking for.

02

The buyer looks at it

Sometimes a visit, sometimes photos and details.

03

You receive an offer

Usually based on the home's condition and value.

04

You review it

Check the price, the fees, the conditions and the closing date.

05

You instruct your lawyer

Your own, who reads the contract before you sign.

06

The sale closes

Through the legal process, and you receive the proceeds.

What you trade

Six things you give up, or gain, with a cash sale

01

Speed

Often much quicker than a sale on the open market.

02

Price

Usually lower than you might get from a buyer using a mortgage.

03

Condition

Often bought as-is, so you may not need to make repairs.

04

Certainty

No mortgage approval to wait for, if the buyer really has the funds.

05

Showings and effort

Fewer showings and less preparation.

06

Fees

Sometimes the buyer pays the legal costs, but ask about any charges on the offer.

Before you accept

Six things to check before you accept an offer

01

Who is the actual buyer?

Ask whether they will buy the home themselves or pass the sale on.

02

Can they prove they can pay?

Ask for proof of funds.

03

What is the final amount, in writing?

After every fee and condition.

04

Is there an option or a fee if I withdraw?

Get your own lawyer to read the agreement first.

05

Who handles the legal work?

Your own independent lawyer or notary, not only the buyer's.

06

Have I compared other options?

At least one other way of selling, so you know what you are giving up.

Why Namoye

Built around trust, not lead volume.

We'd rather connect you with the right provider once than flood your inbox with a dozen you'll never call back.

  • Free to use
  • Verified providers
  • One real call
  1. 01

    The trade-offs, said out loud

    A cash sale is usually faster and simpler, and often for less than an open-market sale. You hear both sides before you decide.

  2. 02

    How to check an offer

    Who is really buying, whether they can pay, and what fees or conditions apply are all worth checking. You hear what to ask.

  3. 03

    No pressure to accept

    You can compare offers and other options, and nobody pushes you to decide on the spot.

Good to Know

Questions about Namoye

How does selling to a cash home buyer work?

A buyer looks at your home, usually makes an offer based on its condition and value, and if you accept, the sale can close quickly, often without a mortgage and often as-is. Offers and terms differ a lot, so compare more than one.

Will I get less than on the open market?

Often, yes. Speed and certainty usually come at a lower price. Ask yourself whether that is worth it for your situation, and compare what you would receive after costs with other ways of selling.

Who is actually buying my home?

Some companies buy with their own money. Others find a buyer and pass the sale on to them. Ask directly whether they will buy the home themselves, and ask for proof they can pay.

What are the warning signs?

Be careful if someone pressures you to sign quickly, asks you to pay fees upfront, won't put the offer in writing, won't show proof of funds, or won't say who is buying. Also be wary of any agreement that charges you a fee if you withdraw, or that gives the buyer a right over your home.

What is an option or a registered interest?

Some firms ask you to sign an agreement that ties you to them, for example by giving them the right to buy your home later, or by charging a fee if you pull out. They can register a notice against your title at the land registry, which can stop you selling to anyone else. Get advice from your own lawyer before you sign anything like this.

Should I use my own lawyer or notary?

Yes. Use an independent real estate lawyer, or a notary in Quebec, whom you have chosen, not one the buyer insists on. They can explain the contract and protect your interests. Never send money or sign documents you don't understand.

What fees or conditions might apply?

Ask about any fees, what the offer is subject to, who pays the legal costs and whether the price can change after an inspection. Get the final figure in writing.

How fast can it close?

It depends on the buyer and on how quickly the legal work is completed. Ask for a closing date in writing, and what happens if it slips.

What if I still have a mortgage?

The amount you owe is repaid from the sale, and your lender may charge a prepayment penalty if the mortgage has not matured. Ask your lender for the payout figure and penalty, and ask the buyer what you would receive after them. If you are behind on payments, talk to your lender first, and consider free help from a non-profit credit counsellor.

What if I feel I am being taken advantage of?

Unfair or misleading practices are covered by provincial consumer protection law and the Competition Bureau, and your provincial consumer protection office can explain your options. Get independent advice before you sign if you feel under pressure.

What should I have ready?

Your address or postal code, the condition of the home, whether there is a mortgage, and how soon you want to sell. If you don't have everything, send the request anyway.

Is Namoye a cash home buyer?

No. Namoye is a free matching service. It doesn't buy homes or make offers. Any offer comes from the company that contacts you.

Will several buyers call me, and does it cost anything?

No to both. A verified professional contacts you, and Namoye is free for you.

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Namoye is a free matching service. It is not a real estate brokerage, buyer, lender or legal adviser. Any offer comes from the company that contacts you. Compare offers, read any contract carefully, and use your own independent real estate lawyer or notary, before you sign. If you are behind on your mortgage, a non-profit credit counsellor can give free advice.

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