Homeowners in Canada are receiving flyers offering cash upfront for their property. These investors lock sellers into a contract but never buy the home. This practice, legal in Canada, is similar to real estate wholesaling.
Amid Canada 's housing supply shortage, homeowners are receiving flyers offering cash upfront for their property. These investors lock sellers into a contract but never buy the home. They make money by finding a buyer who will pay market value.
This practice, legal in Canada, is similar to real estate wholesaling.
Canada Housing Shortage Homeowners Flyers Cash Investors Property Real Estate Wholesaling
Canada Latest News, Canada Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Air Canada offering cash or vouchers to settle compensation claims it says are baselessAn Air Canada Airbus A330 approaches for landing in Lisbon, Saturday, Sept. 2, 2023.
Read more »
Investors on track to pour $1.3 trillion into cash funds in 2023Investors are on track to have put $1.3 trillion into cash funds in 2023, according to Bank of America and data provider EPFR. BoFA's weekly Flow Shows...
Read more »
Investors on track to pour $1.3 trillion into cash funds in 2023Explore stories from Atlantic Canada.
Read more »
Investors show concern despite positive earnings for Air CanadaAir Canada’s sparkling earnings report showed the company is rebounding from the pandemic, but investors are still concerned that challenging times may be on the way.
Read more »
Canada offers investors clarity as it works to amend environmental lawThe Canadian government on Thursday released interim guidance on a key environmental law it is amending after the Supreme Court ruled the legislation was...
Read more »
Canada offers investors clarity as it works to amend environmental lawExplore stories from Atlantic Canada.
Read more »