Canadian Homeowners Defaulting on Mortgage can sell their Houses to Investors

TORONTO - May 20, 2019 - PRLog -- rCanadian professional real estate investors group (PREIG) Canada investors has started buying houses from homeowners who are defaulting on mortgage payments. Professional investors can make a direct cash offer to all homeowners, regardless of the extent of default. Missing one mortgage payment incurs a penalty, administration fee and legal fees. Sustained default leads to losing the house. Canadian homeowners gain nothing if the banks seize ownership of their properties. Instead, Canadian homeowners can move forward with the help of fellow Canadian real estate angel investors.

We have been buying Canadian real estate properties, houses directly from owners to help them move forward with respect and dignity. We are now buying houses that are mortgaged and the owner may or may not be up to date with the repayments. Professional real estate investors group (PREIG) Canada investors adds that homeowners will be able to sell quickly for cash, fast closing in a written offer. The whole process is simpler than listing a property for sale and appointing a realtor.

Canadian home owners can have a quick sale for properties that fit the buying criteria of professional real estate investors' group (PREIG) Canada investors. The proposition is not only more convenient and surefire but also financial rewarding, given the savings a seller shall have due to the many obvious expenses being completely averted.

Canadian residential real estate market is tough. It is also a saturated market. Home buyers determine what they want, they hold all the cards and decide if they want to invest in a property. Many Canadian property owners spend thousands of dollars on repairs and renovations, to improve the curb appeal and to increase the value of their properties but these exercises do not always secure any return at times.

Additional return or an increased profit is not assured even after such expenses. There is also an investment of time and effort. Property buyers can still walk out of a negotiation if the deal is not worked out the way they want. Sellers have little sway in the process. Canadian realtors are also helpless at the discretion of the buyers.

Professional real estate investors group (PREIG) Canada investors does not involve real estate agents and is not looking for buyers in the open market. Professional real estate investors group (PREIG) Canada investors buys the houses that may be foreclosed, evicted, repossessed or power of sale. Any Canadian homeowner can contact professional real estate investors group (PREIG) Canada investors express the intent to sell their property before the bank swoops in and takes it away. To ensure the bank does not get to take the house away, professional real estate investors group (PREIG) Canada investors expedites the sale. They can issue letter of intent within twenty four hours of viewing a residential property. When the letter of intent is accepted, the professional real estate investors group (PREIG) Canada investors can complete the sale shortly subject to due diligence.

Canadian homeowners turned sellers do not have to pay anything to professional real estate investors group (PREIG) Canada investors for inspection. There is no realtor or staging fee. The property is purchased in the exact condition it is in right now. No repairs and renovations are required. The turnkey solution is a more practical alternative to losing a house to the bank due to defaulting on mortgage.


For more information about professional real estate investors group (PREIG) Canada investors, contact the company here:www.preigCanada.com/we-buy-houses 1-416-409-7300