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Renovate now, pay at closing

Renovate now, pay at closing

Your house needs work to sell. We’ll pay for it.

Buyers today want move-in ready, and they discount anything that isn’t. If you can’t afford the updates that would get you a better price, we fund and manage them. You repay from the sale proceeds at closing, and the upside stays with you.

$0 upfront, no monthly payments

We hire, pay and manage the trades

Terms in writing, reviewed by your lawyer

The same house, before and after targeted updatespaint, floors,fixessits on the marketturnkey: buyers line up

Why houses that need work sit

Buyers pay for turnkey, and most can’t afford a reno on top of a mortgage

With more homes for sale across Ontario, buyers can choose, and they choose the ones they can move straight into. A dated kitchen or worn floors don’t just cost what the repair costs; buyers knock off far more, because they’d have to pay for the work in cash after stretching for the down payment. That gap is the money you leave on the table. Closing it with paint, flooring and a few fixes is usually cheaper than the discount buyers ask for. See why houses aren’t selling in Ontario for the full picture.

Older detached and semi-detached houses on a residential street in Kitchener, Ontario, in the fall

Kitchener, Ontario

How it works

How renovate now, pay at closing worksSOLDWe pay forthe updatesYour housesells for moreCost repaidat closing

01

We walk through and give you two numbers

A firm as-is cash offer, and our estimate of what the house could sell for after targeted updates. If the updates won’t clearly put more money in your pocket, we’ll tell you, and you can take the cash offer or keep things as they are.

02

We agree on a scope and the terms, in writing

A short list of updates that buyers actually pay for, a budget, a timeline, and how the cost is repaid. Your lawyer reviews it before anything starts. Terms are set per home.

03

We pay for and manage the work

We hire the trades, pay them, and keep the job on schedule. You pay nothing upfront and nothing monthly. Most cosmetic scopes take a few weeks, not months.

04

You sell, and repay at closing

List privately through PrivateDeals and our buyers list, or with your own agent. When the sale closes, your lawyer pays back the update costs and our fee from the proceeds. Everything above that is yours.

What we fund

The updates buyers notice in the first five minutes, and the ones an inspector would write up.

Interior paint in neutral colours

New flooring where it’s worn or dated

Lighting, fixtures and hardware

Kitchen and bathroom refresh (fronts, counters, taps)

Curb appeal: front door, landscaping, gutters

Items a home inspector would flag

When it isn’t the right fit

For these, an as-is cash sale is usually the better call, and we can make that offer too.

Full gut renovations and additions

Homes with major structural or environmental problems

Sellers who need the money in under a month

What it can look like

An illustrative example, not a quote. The point is the shape: a modest spend on the right updates can be worth more than it costs, and with us you don’t need the cash to get there.

Example: one house, three ways to sell

  • As-is cash offer

    $520,000

  • Listed as-is, after price cuts

    $560,000

  • Listed after $35k of updates

    $615,000

Illustrative sale prices only. Update costs and our fee are repaid from the sale price, and terms are set per home. Your numbers depend on the house, the area and the market.
Paying for the updates yourself vs. with us
HELOC, loan or savingsRenovate now, pay at closing
Upfront cashYes, or loan approvalNone
Monthly paymentsUsually, until you sellNone
Finding and managing tradesYou do itWe do it
Choosing which updatesYour best guessBased on what buyers pay for
When it’s repaidOn the lender’s scheduleFrom the sale, at closing

Comparing ways to pay for it? Read how to pay for renovations before selling.

Questions people ask

Find out what your house could sell for, fixed up

Send the address. We’ll come back with both numbers: as-is, and after updates.

Renovate Before Selling, Pay at Closing (Ontario) | Private Deals