So I live in a Toronto. Houses in my area are selling for a minimum of 1.3 million dollars. Crazy, I know. There's this really sweet old lady who owns a house in a super hot neighborhood. Its vacant. Free and Clear. She doesn't have the patience to deal with selling it. She doesn't want money in her account. The thought of it overwhelms her. She just wants to forget that she owns it. Brokers approached her but she doesn't want to hear about it.
I figured I would throw this out there. Has anyone ever come across a situation like this and figured out a win win for both sides?
It is about finding the solution she wants. Why don't you offer to buy with owner financing? Tell her you will give her a deposit and take the rest on terms that will make her not have to deal with brokers. If she doesn't want to be bothered she will just get a check every month, you can make that work on terms she likes. Being in Canada I am not sure if there are other regulations to follow. That too me would be the easiest but you would have to check into how that works for her with taxes in Canada.