If you need to sell your home quickly in California, working with a “We Buy Houses” Ontario company may be a good option. These firms make all-cash offers for homes, even those needing repairs, allowing you to skip the time and expense of fixing up the property.
A cash sale can be a practical solution if you’re short on time, resources, or expertise. Whether you’re dealing with an unexpected move, a financial issue, or an inherited property, selling for cash allows you to access the proceeds quickly and move forward.
In this post, we’ll walk through the pros and cons of selling to a cash buyer in Ontario so you can decide if this option is right for your situation.
Sell Your House Fast in Ontario With a Cash Offer
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Working with house-buying companies in Ontario
A cash sale through a house-buying company in Ontario can be completed quickly and with minimal hassle. These businesses handle most of the paperwork and often buy homes in any condition. Here’s an overview of the process of selling your home for cash:
- Contact the company: Reach out to a We Buy Houses company in Ontario, either by phone or online, to provide basic details about your property.
- Schedule a home visit: A representative will visit your home to assess its condition and gather the information they need to make an offer.
- Receive an offer: After reviewing your home, the company will present a no-obligation, all-cash offer for your property.
- Review and accept the offer: If you agree with the offer, you’ll sign the necessary paperwork to accept it and move forward.
- Complete inspections: Some companies may require a final inspection to ensure there are no undisclosed issues with the property.
- Close and receive payment: Once everything is in order, you’ll close on the sale, usually within days, and receive the cash payment for your home.
Popular We Buy Houses for Cash companies in Ontario
If the process of selling to a house-buying company in Ontario sounds good to you, it’s time to find a legitimate operation you can trust. We’ve compiled some of the top companies that will pay cash for your or your parents’ property, whether that’s a ranch-style home or a craftsman bungalow.
By working with one of these companies, you should be able to sell your Ontario home in as little as a week or two.
Diamond Home Buyers Inc.
Diamond Home Buyers Inc. is a trusted local home-buying company known for making the selling process fast, safe, and hassle-free. Homeowners can receive a fair cash offer within 24 hours and close in as few as 7 days, or choose a timeline that works best for them. The company purchases homes as-is, eliminating the need for repairs, showings, or dealing with banks.
Locations: Ontario and surrounding areas, such as Chino Hills, Glendora, Cucamonga, and Upland
Closing costs: Sellers pay no closing costs; Diamond Home Buyers covers them entirely.
Recognized for its commitment to ethical standards, Diamond Home Buyers Inc. has been accredited by the Better Business Bureau (BBB) since 2020 and currently holds an A+ grade. Its Google Business Profile earned positive customer reviews, earning a perfect 5-star rating.
Reviewers share that the team delivers great customer service and truly cares about the people they work with. They’re described as ethical, considerate, and grounded in experience. Sellers appreciate the respectful, kind approach and the clear sense of integrity throughout the process.
Website: diamondhomebuyersinc.com
Phone number: 909-200-6606
Simple Sale (a HomeLight platform)
Simple Sale, a solution from HomeLight, is an online platform where sellers in Ontario (and across the country) can request a cash offer for their home. It features one of the largest networks of cash buyers in the U.S. Partner investors have a wide range of investment strategies, including fix-and-flip and buy-and-hold. This enables Simple Sale to provide cash offers for a wide array of properties, even those that need some or a lot of work, in different locations throughout Ontario.
With the platform, you can get a no-obligation, all-cash offer in 24 hours and sell your home in as few as 7 days, skipping the months it can take to sell the traditional way.
Locations: Nationwide, including Ontario
Closing costs: No prep costs, agent commissions, or fees charged by HomeLight. Individual investor fees may vary.
Simple Sale is a platform by HomeLight, a real estate solutions company founded in 2012. Given its strong focus on excellent customer service, it has been BBB accredited since 2019 and currently maintains an impressive A+ rating. The company has 4.8 stars on Google based on hundreds of user reviews.
Below, you can hear about how Baohan Wu, a seller who used Simple Sale to sell his high-rise apartment, closed within three and a half weeks, and what he thought of the process overall.
Website: homelight.com/simple
Phone: 844-488-8455
The California Homebuyer
The California Homebuyer offers homeowners across the state a fast and straightforward way to sell their properties for cash. The company provides fair cash offers within 24 hours, eliminating the need for repairs, showings, or the expenses tied to traditional listings.
Whether relocating, managing an inherited home, or avoiding foreclosure, sellers can count on a transparent process with no hidden fees or delays. Clients have the flexibility to choose their preferred closing date, with timelines accommodating even urgent sales.
Locations: Throughout California, including Ontario
Closing costs: Sellers pay no closing costs; The California Homebuyer covers them.
Respected as a company built on integrity, The California Homebuyer has earned an A+ BBB rating. Based on the client testimonials on its website, the team is described as honest, straightforward, and easy to work with during a fast home sale.
Compared to other companies, they stood out for their professionalism and transparency. Sellers appreciate receiving a fair cash offer and a smooth closing process without the usual stress.
Website: thecaliforniahomebuyer.com
Phone number: 949-229-0630
Casey Buys Houses
Casey Buys Houses, based in Diamond Bar, buys houses in as-is condition all over Southern California. After visiting the property to assess its condition, the company will present you with a cash offer. Closing can take place on your timeline or in as few as seven days. With no obligations, hidden fees, or pressure to sell, Casey Buys Houses provides a hassle-free alternative to the traditional real estate market.
Locations: Throughout Southern California, including Ontario
Closing costs: Sellers pay no closing costs; Casey Buys Houses covers them.
With customer trust at the core of its services, Casey Buys Houses earned a 5-star rating on Google from satisfied clients. Reviewers share that the team is quick to respond and compassionate, especially when handling delicate situations like selling inherited homes.
Many value the fast property evaluations and fair offers that work well for both sides. With its professionalism and efficiency, the company helps reduce the stress of estate sales, earning trust from families during challenging times.
Website: caseybuyshouses.com
Phone number: 909-455-9496
Jit Home Buyers
Jit Home Buyers is a trusted home-buying company that helps homeowners sell quickly without the stress of the traditional process. They focus on giving fair cash offers and making the entire experience simple. Sellers get to choose the closing date that works best for them, allowing them to plan their move accordingly. With a friendly, honest approach, Jit Home Buyers makes selling a home fast, easy, and hassle-free.
Locations: Ontario and surrounding areas, such as Oakland, Rancho Cucamonga, and Fontana
Closing costs: Sellers pay no closing costs; Jit Home Buyers covers them.
Known for its honesty and professionalism, Jit Home Buyers earned an A+ grade from the BBB. Its Google Business Profile reflects a high 4.8-star rating.
Some clients share that the team helped them avoid foreclosure by acting quickly and keeping the process stress-free. From the first conversation, they felt respected and never pressured. The team offered a fair cash price, handled all the details, and closed before the auction date, providing much-needed relief during a difficult time.
Website: jithomebuyers.com
Phone number: 510-473-5885
Why sell your Ontario house for cash?
If you’ve ever sold your home through the traditional real estate market, you know the process can drag on for months, and there’s no guarantee of a sale. But when you sell to a We Buy Houses company, you’re looking at a guaranteed sale in just a matter of days. Speed, convenience, and certainty are the top reasons many homeowners choose to work with a cash-for-homes firm.
In Ontario, selling a home on the open market using an agent takes around 80 days. That includes an average of 39 days on the market, from listing to signed contract, plus the typical 41 days a buyer needs to close on a purchase loan.
Compare that to the usual seven to 10 days promised by many house-buying companies in Ontario, and it’s clear why these Cash-For-Homes groups are an attractive option, even though they don’t always offer top dollar for the homes they purchase.
Here are some common scenarios where selling your home for cash may be the best fit for you:
- Job relocation: You need to move quickly for a new job and don’t have time to wait for the traditional home sale process.
- Divorce settlement: You’re going through a divorce and need to sell your shared home fast to reduce stress and move on.
- Unwanted inheritance: You’ve inherited a home that you’d rather sell quickly instead of dealing with repairs or maintenance.
- Downsizing transition: You’re ready to move to a smaller home and prefer to sell your current house for cash to make the transition smoother.
- Extensive repairs: Your home is in poor condition, and selling for cash allows you to avoid the hassle and cost of fixing everything up.
- Open house inconvenience: You’d like to avoid the stress of hosting open houses and multiple showings by opting for a direct cash sale.
- Structural damage: Your house has foundation problems, and a cash sale lets you sell the property as-is.
- Foreclosure solution: You’re at risk of foreclosure and need to sell quickly to avoid further financial trouble.
- Problem tenants: You own a rental property with difficult tenants, and selling for cash offers an easy way out.
- Remote home sale: You’re managing a home sale from out of state and need a fast, stress-free transaction that removes the need to travel back and forth.
Pros and cons of house-buying companies in Ontario
House-buying companies can make selling easy, but they’re not one-size-fits-all. Understanding the pros and cons helps you avoid regrets later on. Manage your expectations by knowing what you might gain in speed and convenience and what you could be giving up in return.
Pros
- Quick sale: These companies typically close in a matter of days or weeks, much faster than a traditional sale.
- As-is condition: They’ll let you sell your home as-is, meaning you don’t have to worry about making repairs or upgrades.
- No preparations needed: You can skip cleaning, staging, and open houses when selling to a house-buying company.
- No contingencies: Cash buyers don’t require contingencies, which reduces the risk of your deal falling through.
Although working with a house-buying company in Ontario makes the process easier, you may sacrifice some earnings compared to selling your home the traditional way. This tradeoff is often the biggest downside. Below are a few additional drawbacks to consider.
Cons
- Lower offer: Cash buyers typically offer below market value for your home, which could mean a smaller profit than a traditional sale.
- Scam risks: Some entities may pose as cash buyers but actually engage in house-buying scams, so it’s important to vet potential partners thoroughly.
- Limited negotiation: Most house-buying companies present take-it-or-leave-it offers, leaving little room for negotiation on price.
- Less market exposure: You won’t have the benefit of listing your home, which might reduce competition and ultimately result in a lower sale price.
Curious What Your Home Is Worth?
Get a near-instant real estate house price estimate from HomeLight for free. Our tool analyzes the records of recently sold homes near you, your home’s last sale price, and other market trends to provide a preliminary range of value in under two minutes.
Vet cash buyers and know your home’s worth
When selling your home to a We Buy Houses for Cash company in Ontario, it’s crucial to make sure you’re working with a trustworthy buyer. The level of service you experience can vary, depending on the company’s character and reputation. Here are a few steps to vet your cash buyer:
- Verify credentials: Ensure the company is properly licensed and accredited by relevant industry organizations.
- Research market presence: See how long the company has been in business and how many transactions it has completed in your area.
- Check reviews: Look for customer reviews and testimonials to get a sense of the company’s reputation and previous sellers’ experiences.
- Read the contract: Carefully review the buying agreement before signing to make sure you understand all terms and conditions.
Consult with an experienced local agent to get a better idea of what your home might be worth if sold on the open market. Then, compare your cash offer. HomeLight can connect you with a top-performing agent in Ontario. You can also use our free Home Value Estimator to get an initial ballpark estimate in less than two minutes.
Other options to sell your Ontario home quickly
If you’re considering alternatives to house-buying companies, here are two fast-selling options:
Working with iBuyers: Using automated valuation models, iBuyers like Opendoor and Offerpad make near-instant cash offers, typically closer to market value, for homes in good condition. The process is quick but major iBuyer companies charge sizable service fees, ranging from 5% to 6% of the home’s sale price.
Listing with an agent: Selling with an agent could result in a faster-than-expected sale, especially if your home is priced well in a seller-friendly market.
A trusted agent can provide a comparative market analysis (often free) and may connect you with cash buyers willing to pay closer to market value. HomeLight can connect you with a top-performing agent today.
FAQs on Ontario house-buying companies
By and large, most We Buy Houses for Cash companies in Ontario are legitimate businesses. Their services and transaction fees may differ, but the business model has been around for decades. If you use an established group with a track record, you can be fairly confident that it’s legit.
That said, as with any financial transaction, it’s a good idea to be on the alert for scams. Always research companies before signing a contract. Check customer reviews, look at their online presence, verify professional licenses, get a referral if possible, and vet the company on the BBB website. Watch for anything that just doesn’t seem right.
Most Ontario We Buy Houses for Cash companies apply the 70% rule, meaning they’ll offer you about 70% of your home’s after-repair value (ARV), then deduct their estimated repair costs.
Here’s an example of what a simplified formula might look like:
(Your home’s ARV x .70) – repair costs
To see how this might work in a real-world scenario, let’s take a look at an example offer equation. Let’s say your Ontario ranch-style home could sell for $685,000 after repairs, but it will need $25,000 of work to get there.
($685,000 x .70) – $25,000 = $454,500
In this example, an Ontario We Buy Houses company might offer you around $454,500 for your home. However, different types of house-buying companies will offer varying amounts for homes.
As mentioned previously, iBuyers tend to pay more than We Buy Houses companies because they look for homes in better condition. An iBuyer might pay you 90% or more of the market value while charging a fee for their services.
When you accept an offer from an Ontario We Buy Houses for Cash company, you will likely be coming to grips with a double-edged sword. On the one hand, it shouldn’t cost you any additional money because these companies make an offer and handle almost everything once it is accepted. On the other hand, you’ll likely get less money overall for your home.
Because We Buy Houses for Cash companies tend to focus on distressed homes, they typically have zero fees. Many will even cover your closing costs. In most cases, this means that the cash offer you receive will be the price you walk away with at the end of the deal. Of course, asking the company if any hidden program fees might impact your bottom line is always a good idea.
- Research and vet the house-buying companies that serve your Ontario area. Our list above is a good place to start.
- Submit offer requests to a few companies you like best.
- Schedule any required on-site property visits.
- Compare offers. Weigh the pros and cons and choose the best option for you.
- Close the sale in a week to 30 days and get paid. Some companies will let you choose a closing date up to 90 days after accepting the offer, which can be helpful when planning a move.
We Buy Houses for Cash in Ontario vs. top Ontario agent
Another helpful exercise is to compare how a We Buy Houses for Cash company might stack up against working with a real estate agent. Let’s take a glance at how different aspects of the sale might look and compare possible proceeds.
| Aspect of the sale | Sell to a We Buy Houses for Cash company in Ontario | Sell with a top Realtor in Ontario |
| Selling timeline | 7 to 30 days | 80 days average; 39 to attract an offer, 41 to close the loan |
| Home preparations | None | Deep clean, declutter, make necessary repairs, landscape, and stage the home |
| Showings | None | 10 to 25 showings average |
| Inspections / repairs | None | May need to make additional repairs for the buyer or renegotiate the price |
| Appraisal | None | May need to lower your asking price if the appraisal comes in low |
| Title search | Cash-For-Homes companies often handle title issues | Must clear the title before you can sell the home |
| Financing contingency | None | Mortgaged buyers use a financing contingency that could hold up the deal if the buyer’s loan doesn’t clear |
| Agent commission | None | 3% to 6% of the home’s sale price |
| Closing costs | None | 1% to 3% of the home’s sale price on top of the agent’s commission |
Example net proceeds
Below, we’ve compiled one example of how net proceeds may differ between selling a home to a We Buy Houses for Cash company and an agent-assisted sale.
Let’s say your home in Ontario is worth about $660,000 and needs about $25,000 in repairs. Once the repairs are completed, the home might be worth around $685,000.
| Sell to a We Buy Houses for Cash company in Ontario | Sell with a top Realtor in Ontario | |
| Estimated sale price | ($685,000 x .70) – $25,000 = $454,500 | $660,000 |
| Market preparations | 0 | $6,600 (1% of the sale price) |
| Agent commissions | 0 | $19,800 (3% of the sale price) |
| Closing costs | 0 | $9,900 (1.5% of the sale price) |
| Estimated take-home for seller | $454,500 | $623,700 |
As this example illustrates, it’s usually in your best financial interest to partner with an experienced real estate agent. However, net proceeds are not the only consideration when selling a home.
What’s best for your situation will depend on the condition of your property, the level of repairs needed, and your selling objectives. It could be that selling on the open market will be a challenge in your area, or the agent’s timeline might not fit your immediate needs.
Key takeaways
- Quick sale: House-buying companies offer fast, hassle-free transactions, often closing within days or weeks.
- As-is condition: You can sell your home without making repairs or preparing it for the market.
- Lower offers: Cash-for-homes companies usually offer less than market value for your property.
- No contingencies: These buyers typically don’t require contingencies, reducing the risk of delays or deals falling through.
- Limited negotiation: Most offers are take-it-or-leave-it, leaving little room for negotiation on price.
- Home valuation: Always be aware of your property’s estimated market value before you proceed with a cash-offer company to avoid extremely low offers.
At HomeLight, we’re happy to lend a guiding hand in navigating your real estate journey. Let us help you make an informed and confident decision, whether you’re looking for a no-obligation cash offer through a trusted platform like Simple Sale or seeking to consult with a top Ontario agent.
Editor’s note: This post is for educational purposes only. Links to and mentions of Ontario area “We Buy Houses” companies are not endorsements. Moreover, the program details mentioned above may change. Visit the home-buying company’s website for the most up-to-date information.
Header Image Source: (irianna88w / Deposit Photos)
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