Q&A — “Why did I get a letter in my mailbox offering to buy my home for CASH?”
Every few months I get a photocopied “hand-written” letter in my mailbox offering to buy my home for cash — no hassle, no staging, no realtors, no commission, no problem.
Each time this happens a neighbour or a friend will ask me about this “service”. I tell them that I don’t know exactly what they are offering but that they would need to buy your home under market value for this type of business to make sense.
CBC News just posted a story about this practice in the “Go Public” section:
Dated October 23, 2023
“Ontario woman says using ‘cash for houses’ company was costly mistake”
Advice from a lawyer may have protected this person.