The leading company in the “We Buy Houses” niche, Dependable Homebuyers, predicts that the positive interest rates will have a great impact for real estate investors. Those investors with cash are being provided with the prime opportunity to make good investments with great payoffs. Typically, cash purchases make up a small amount of home sales. However, cash sales are becoming more common in the real estate market. This can be contributed to the higher interest rate environment.
The Federal Reserve raised the interest rates on December 18,2018. This brought about the thought that additional increases could be on the way in 2019. “We are expecting the higher interest rate environment to create many great opportunities for cash buyers in the coming year,” said Evan Roberts of Dependable Homebuyers.
Using cash comes with great advantages in that it allows investors to make purchases without being subjected to high interest rates. It also allows owners to sell their property without having to go through an appraisal process.
With an increase in interest rates, many buyers will be forced to leave the market. This will leave sellers stuck with having to reduce their asking prices in order to move their property. This has left homeowners faced with a rat race to see who can afford to sell their home at a lower price in order to attract buyers. This scenario can be great for buyers, but no the case for sellers.
This is where Dependable Homebuyers comes into play. They will make a reasonable cash offer to homeowners within 24 hours of their first appointment. The offer is very straightforward and they will never try to lowball homeowners. Read the recent press release they published at https://www.pressadvantage.com/story/29074-dependable-homebuyers-starts-buying-land-in-san-antonio.
Over the years, Dependable Homebuyers has provided help to hundreds of homeowners when it comes to selling their property in a high interest rate environment. There are never any hidden fees or commissions associated with the deal. The offer that the homeowner receives is what they walk away with.
Many times, homeowners find themselves faced with situations that may require costly home repairs in order to place their home on the market. They often do not have the resources needed in order to make those repairs and get their home up to par.
When initial contact is made by a homeowner with Dependable Homebuyers, they will set up an appointment to come out and take a look at the potential property. The appointment is very simple and just allows the company to get a general idea of what they are dealing with. Within 24 hours, they contact the homeowner with a reasonable offer on their property. This does not place the homeowner under any sort of commitment to accept the offer. Dependable Homebuyers encourages homeowners to take the time and make sure they are making the best decision for their situation.
In the event that the homeowner decides to accept the offer, closing is set up to take place within 7 days. At that point, the homeowner has the cash they need and deserve for their property.
For those who are interested in finding out more information as well as a point of contact, information can be found on the company's website.
SOURCE: Press Advantage [Link]
Dependable Homebuyers is a local home buying company in San Antonio. We buy houses in any condition and any situation. If you want to sell your house fast, give us a call at (210) 944-4115 and we’ll provide you a cash offer within 24 hours.
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