Dependable Homebuyers Issues Public Advisory Regarding Saturated Buyers Market In Washington D.C.

Dependable Homebuyers has issued a public advisory, explaining to homeowners who want to sell their houses that the real estate sector has turned into a saturated buyers market in Washington D.C. Residential real estate has always been largely a buyers’ market. It has now become saturated with plenty of houses listed for sale but fewer buyers in proportion. This is leading to distressed selling. Many homeowners who do not wish to reduce the ask price and are not willing to negotiate on other terms of the sale are being compelled to hold on to their properties. They are unable to sell the houses even after months of waiting.

The We Buy Houses company has been buying all types of residential properties in Washington D.C. It offers a much simpler proposition than what is presented by real estate agents along with their multiple listing services and quest for retail sales. Owners who are unable to get a buyer can now turn to Dependable Homebuyers without any involvement of real estate agents. They can sell directly to the real estate investment company without having to pay any commission, closing cost or other fees. Interested homeowners can read a recent press release they published at https://www.pressadvantage.com/story/27922-dependable-homebuyers-has-announced-its-interest-in-acquiring-multi-family-properties-in-washington-d. The six percent commission and two percent closing cost are waived. The company does not charge any service fee. There is no cost of property inspection, staging, appraisal or home improvement.

The saturated market being driven by the interests of buyers has made it very difficult for homeowners to sell their properties for a net profit. Returns have been reducing for many years now. Buyers always retain the rights to back out of a deal owing to many reasons. They could use any fault in the property to reduce the ask price and if that is not agreed upon then they can walk out. Buyers can also use the appraisal and subsequent rejection of mortgage or home loan to quit the negotiations midway. An appraisal is imperative for banks to assess the value of the home for which they have to grant the mortgage. Buyers are dependent on banks and hence cannot make a move without their approval. Sellers can do little in such scenarios. Major home improvement to increase its value does not always reflect in the asking price. The buyers may not be able to pay a higher price. Leaving a property in its present state with depreciated value fails to impress buyers. The scenario becomes challenging for sellers and buyers can always look for another, more desirable and relatively affordable property.

Dependable Homebuyers is buying various types of properties all across Washington D.C. The company is willing to make an outright offer to owners of properties that meet their buying criteria. Not only will owners have a straightforward purchase offer, they shall also have the option to sell their properties immediately. The sale can be completed in as few as seven days. The company usually presents a nonobligatory purchase offer in twenty four hours after inspecting a property. The deal can be closed immediately. More of Dependable Homebuyers services can be found here.