What Is a Cash Home Offer?
A cash home offer is a direct purchase offer from a real estate investor — not a traditional buyer using a mortgage. Because there's no bank financing involved, the sale can close much faster (days rather than months), with fewer conditions and no risk of financing falling through.
In Ottawa, cash buyers like NestBridge purchase homes to renovate and resell, hold as rentals, or assign to other investors. The buyer takes on the risk and cost of any repairs or improvements — which is why the offer price is typically below what the home would sell for on MLS after renovation.
How Is the Offer Calculated?
Reputable cash buyers use a transparent formula. Here's how NestBridge calculates every offer:
A trustworthy buyer shows you this math. If they don't, ask.
Is a Cash Offer Always Lower Than MLS?
The gross offer number is usually below full retail MLS value — because the buyer absorbs all renovation costs and risk. But the net amount you receive after a cash sale is often comparable to a traditional sale when you factor in:
- No real estate commissions (4–6% on a traditional sale)
- No repair or staging costs before listing
- No carrying costs (mortgage, tax, insurance) during months of listing
- No risk of a buyer's financing falling through
- Certainty — you know exactly when you close and for how much