Did you get a ‘handwritten’ note offering to pay cash for your house? Here’s why — and what you should do

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Flyers, scribbled with faux-handwritten typeface, asking you to fork over your home in exchange for cash. They’re distributed in neighbourhoods across the city — and across the country — by investors offering a “fair price” for real estate.

I recently saw one lying on the sidewalk in the Annex, surrounded by homes that could easily sell for upwards of $3 million in today’s market.

“Hi! My name is Jason,” the flyer starts. “I am an investor in the area looking to pay cash for your house.”

Why not sell your home on the market, like everyone else? The flyers state their case. The house will be bought with cash, no mortgage needed. The deal can be closed as quickly as one week — not the usual, endless process. There’s no need to worry about open-houses or multiple visits from prospective buyers, only one visit from the soon-to-be owners is required.

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