LOUISE AUGE is a licensed Real Estate Broker with Cake Realty located in the GTA, a full service brokerage serving the Toronto and surrounding communities. Louise has been licensed since 2003 and has successfully represented clients through a wide spectrum of real estate transactions ranging from Commercial, Investment & Development to Residential, Farm & Luxury Homes sales and leasing.
Have Your House And Eat It Too and CAKE REALTY.CA came about through a need to develop a friendly way of explaining an investment concept that was often misunderstood in general conversation. Have Your House And Eat It Too fully captures the spirit of the leaseback process. The goal here is to achieve a wining scenario for both the Home Owner and the Investor. The Home Owner is able to take out 100% of the equity without sacrificing his quality of life and without giving up his home. Selling and leasing back is a commonly seen in farm sales, where an owner sells his property to a developer. In today's real estate market, there are many cases where it may be practical to lease back your house from a Buyer. Sometimes a short term lease can help bridge the gap between closings. Other times it may give you time to find the perfect house or build your dream home. Perhaps you need some time to fix your credit or complete the proceedings of a divorce or separation. In any case, whether your choose a short term or long term lease, a Have Your House and Eat It Too representative can help you through the process.
Only a Real Estate Sales Representative or Broker fully trained in selling and leasing is qualified to draft contracts that protect both the Home Owner and the Investor in this type of sale with leasehold transaction. A real estate license does not require specialized training in this specific area. Training comes through experience in the field. We can provide you with a list of professionals who will represent your interests at every step in the process to ensure that you are fully protected and understand the nature of the transaction.
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