Frequently Asked Questions
Looking to find out more about InvestorHomes.ca and how we find investors great properties and deep discounts in Calgary and the surrounding areas? Find a list of our most frequently asked questions about our services, and the properties we offer on our website below. If you still have questions, contact us anytime or sign up for our Preferred Buyers List today!
- Why are the properties discounted so much on this site? Wouldn’t you just keep the best investment properties for sale for yourself?
- How are the investment properties on this site different from those I can find on the MLS?
- Can I use traditional bank financing to buy these investment properties?
- How do I make an offer on a property on your Buyer’s List?
- How often do you add new investment properties in Calgary to the site and Preferred Buyers List?
- Do you charge any fees to buy or sell a house, investment property?
Q: Why are the properties discounted so much here? Wouldn’t you just keep the best investment properties for sale for yourself?
A: We use a combination of our marketing system, strategic partners and agent networks to get in touch with homeowners who are needing to sell their property fast. We do that full-time. Our strength is in sourcing deals, so we focus there. The same way the best renovaters and landlords do what they are good at. Many discounted homes often times are from homeowners behind on their mortgage, inherited a property problem, or don’t have the funds to repair their distressed property to make it “market ready” and need a way out. Sometimes sellers or current landlords don’t want the exposure and hassle of listing on the MLS. That’s where we come in. We analyze the property and provide them with options to sell their Alberta house. We pair them with qualified investors who can close quickly and without hassle. That way they are able to walk away from a property that’s been stressing them out and we’re able to get you a house that works for your investment strategy! Some distressed properties we come across can be discounted from 20 to 50% off of their ARV (after repaired value)!
Q: How are the investment properties on this site different from those I can find on the MLS?
A: The MLS is the “Multiple Listing Service” which is where real estate agents list properties for sale. The houses you’ll find on our Buyers List most times are ones that will never be on the MLS due to the distressed nature of the property or the homeowner’s unique situation. We also analyze them in advance and let you know what strategy could work best for it! For many sellers, the traditional real estate agent route to find a buyer could be out of their reach either due to the cost of making a property “market-ready” or because the house is pending a foreclosure and they need something done quickly. We even come across perfectly good homes but the seller just wants to forgo the stress of having a public listing. We are there to assist Calgary homeowners stuck in any situation. We will either buy the house directly from them (at a discount) or help them connect to the right investor so they can sell that unwanted house fast and walk away.
Q: Can I use traditional bank financing to buy these investment properties?
A: Proof of funds will be required for all off-market offers so have that in place before considering buying. Most of our work is with buyers looking for investment properties that are for sale now. They have cash in their accounts and want a quick sale so that they can either get to work on their next project house, or add the property to their portfolio and start getting passive income. We help sellers who need to sell quickly, and the best deals sell quickly. Since bank financing can take a few weeks for approval and most of our sellers need a definitive answer before that priority is always given to our Cash buyers. If however you are pre-approved with a bank/private lender and can remove any/all conditions quickly (within 7 days) we will consider all offers.
If you need financing to buy a property, contact us today. We can connect you with a list of recommended and trusted lenders that we are not affiliated with but have worked with before to get you the cash you need to buy!
Q: How do I make an offer on a property after joining your Buyers List?
A: We make buying a property simple! Once you sign up, we will contact you to confirm your details; make you aware of any agency relationships required for your purchase, and start regularly sending you homes we have analyzed and are authorized to share via email. When you see one that you wish to make an offer on, get back to us through the link in the email, or give us a call at (403) 907-5031. Note: Offers are presented on a first come, first serve, basis. For any property we source in the Calgary area, we’ll discuss the offer, any terms and conditions, then get it in writing and direct you where to get the deposit to secure your offer on that property.
Questions about our process? We want you to feel comfortable and confident when you work with us. Connect with us today at (403) 907-5031 and read more about what our clients and other investors have had to say about working with us to find the right investment property in Alberta.
Q: How often do you send new investment properties in Calgary to the Preferred Buyers List?
A: We are constantly sourcing new investment properties and, send new ones as soon as they become available! Investment properties that are priced way below market value tend to sell very quickly, so the best deals may not be available for long after an email has been sent out.
Q: Do you charge any fees to buy or sell a house, investment property?
A: Fees and commissions structures are negotiable in Alberta. When buying on the MLS, it is traditional for the seller to pay any fees out of the proceeds of the sale to any/all agents involved. So If we did happen to source a home for you that was under a traditional sale agreement (even when off or on the MLS) then there would be no additional fees over the purchase price negotiated.
If you buy a property through us, and the seller has not agreed to pay fees due to the already steep discount offered, or due to the distressed nature of the house, we add a property acquisition fee to the sale that the buyer pays. Rest assured, we never ‘double dip’ by charging both buyer and seller and the deal only happens if the purchase price and fee still makes sense to you.
Sometimes the property may be something that we already purchased or have an interest in. In those cases, there will be no fee per se as any profit/return will be built into the price of the property.
We pride ourselves on helping homeowners that need to sell, offer those properties to investors at prices and terms that work for them, while earning a living for ourselves. We consider this a win for all parties!
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