Do you want to sell your property?
REGF knows that the reasons to sell are as varied as the owners. Some people just want to go on MLS and get the property sold and move out as soon as possible, but others want to move at a slower and more controlled pace. Still others may have unique requirements where they like privacy or want to get the cash to use on another project while still being able to reside in their current location until they build a new house or new shop for their business. Maybe you need all the money up front and still need to reside in the current location so that you will not need to have to carry two mortgages. If you have unique circumstances, REGF understands that. As a result, we will structure the sale to meet your special circumstances so that you can make the changes to the next phase of your life as seamless as possible.
REGF is interested in properties with the following characteristics:
- Properties that can be or have been subdivided,
- Solid properties that have a good cap rate,
- Properties that need some help to take them to the next level or have room for expansion,
- Downsizing and estate sales: You want to sell the property now know how much you have and then not rush with the purchase of your next home and move your belongings out at your own pace. We can buy the property and rent it back to you on a month to month basis. No rush, less stress.
- Property that you want to sell as you want money now, but you do not want to move the business. REGF can set up the purchase agreement to meet your needs, whether you just want to take equity out of the property gradually with no repayments or you want to cash out the equity all at once in order to build a new facility and not carry two mortgages. You can lease (no subletting) it back for a predetermined time frame so you will not have to worry about tight timelines for your new construction or move.
- For property that you want to sell for redevelopment but don’t need the cash (or all of it) right now, REGF could co-develop it and you will get a better price for the property. Title must be transferred, and you can have a subservient mortgage or lien registered on the property. Company bylaws require title transfer for any co development projects. This option would be available for some larger development projects and would be assessed on a case by case basis. This scenario would allow REGF to develop a property without the large initial outlay to purchase the land and allows the existing owner to realize a better sale price for his property and have the payments spread out for personal or tax reasons.
The square box doesn’t fit everyone, and we know that! Therefore, we are here to design the perfect payment structure for your needs.
Call and find out how accommodating we can be.
Sincerely,
REGF Property Development Ltd.