What goes into the number
A buyer pricing an as-is offer estimates the cost to bring the house to a sellable or rentable standard — roof, furnace, wiring, and foundation are the four items that move the number most in this housing stock.
The one process detail worth confirming upfront
Ask specifically what happens after the walkthrough — does the number get confirmed, or does the buyer reserve the right to lower it based on something they'll "discover" then? A straight answer here is the clearest signal of a legitimate offer.
What closing actually involves
A real estate lawyer, a title search, and an agreed date — the same legal steps as any Ontario sale, just without a bank's conditions to satisfy along the way.
