TerraLux Acquisitions

How it works

From the first call to funds wired.

No listing, no showings, no repairs. Here is every step, in order, including the part most buyers of houses would rather not explain.

Day one · 10 minutes

You get in touch

Call, text, or send the form. We ask for the address and a few things a photograph cannot tell us — whether anyone is living there, whether it is part of an estate, roughly when you would want to be finished, and what condition it is honestly in.

Nobody is coming to your door. Nothing is listed anywhere.

Within a day or two

We work out what the land is worth

Before we speak again we look at your lot the way a builder would: dimensions, frontage, setbacks, what the village will actually permit, and what finished homes on your street have recently sold for.

The house matters far less than most owners expect. On a teardown parcel, the structure is not being valued — the land under it is.

Usually the same week

We walk the property

A look at the land and the structure, not a repair list. Nothing needs cleaning, fixing, staging or photographing beforehand. We are not looking for reasons to reduce the number.

Same day, in writing

You get a number, and the arithmetic behind it

We tell you what we can pay and how we arrived at it: what a builder can sell a finished house for on your street, minus construction, carry, permitting and the builder's margin. What is left is what the land supports.

If the number does not work for you, the analysis is still yours. Plenty of owners take it to an agent instead, and that is a perfectly reasonable outcome.

When you are ready

We sign a purchase agreement

Plain contract, one buyer, one seller. The closing date is built around your timeline — three weeks if you want it done, or the end of the school year if that is what you need. If you want to stay in the house after closing, that is written in now, not negotiated at the end.

Within days of signing

Escrow opens and our money goes down

The executed contract goes to the escrow agent named in the contract. They open the file and order the title commitment, and the escrow officer will call you directly — that call is expected, not a problem. Our earnest money is delivered into escrow and credited toward your price at closing.

From this point the timeline on our post-signing page takes over — it lists exactly what we need from you and by when.

During the contract period

We place the property with a builder

This is the part worth being plain about. We are a principal buyer, not a brokerage, and in most cases we do not build the house ourselves. We match the lot to a builder whose criteria it fits and assign our contract to them, or close and resell it.

Our income is the difference between what we agreed to pay you and what the builder pays for that position. It does not come out of your proceeds, it is not a commission, and your price does not change because of it. Your contract is with us and we are responsible for closing it either way.

Closing day

You are paid

You sign at the title company, title transfers, and the funds are wired to you or issued as a cheque. Anything you did not want to take with you can stay in the house — furniture, belongings, debris. Clearing it is our expense, not yours.

What you never have to do

Repair anything

We buy in current condition. A roof at the end of its life is priced in, not held over you.

Clean it out

Leave what you do not want. This matters most on estates, and it is the single thing owners are most relieved to hear.

Show it to anyone

No sign in the yard, no open house, no strangers walking through on a Sunday.

Pay a commission

Neither side is represented by a broker. There is no listing fee coming out of your proceeds.

Is this right for you? Usually yes if the house is dated, inherited, tenanted, mid-probate, or simply something you want finished quickly and quietly. Usually no if it is renovated, on a small lot, or in a pocket where builders are not active — in which case we will tell you so and point you toward an agent.