Ontario woman says using Cash for Homes was a costly mistake

The text appears to be a report of an interview or a story from Lori Thompson's life in which she discusses her financial situation and a real estate deal. 
Lori Thompson admits in this interview that her financial situation was greatly affected due to the outbreak of an infectious disease, likely COVID-19. She faced financial difficulties because the cafe where she worked was closed, and interest rates had increased. Her monthly mortgage payments nearly doubled in January of the previous year, and she was at risk of foreclosure.
Given her financial circumstances, she came across information about companies offering quick cash payments for homes. These companies advertised the ability to buy a house rapidly and pay in cash without the need for renovations or real estate commissions. One of the promises of these companies was that homeowners might receive cash on the same day.
Thompson believed in these promises and thought that selling her home quickly might have some value. She stated, "You don't get fair value from a company that pays you within 72 hours." However, due to her financial situation, she didn't want to stay in the housing market for an extended period.
When Mike Chow, the owner of HHBI company, visited Thompson's city home in January of the previous year, he told Thompson that his job had been sporadic and that he was a mortgage lender who wanted her debt paid off immediately. This situation had a negative impact on Thompson because her life partner had unexpectedly passed away a few months earlier.
Chow then presented a contract and offered $575,000 to purchase the house. Thompson said that she quickly reviewed the contract and looked it over her shoulder. She was encouraged to sign the contract on the spot.
The entire deal took about half an hour in total. Thompson believes that this deal will likely bring her significant profit, at least $10,000 or more.

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