Higher Interest Rate to Have Positive Impact for Investors with Cash

Dependable Homebuyers, a leading “We Buy Houses” company, expects a higher interest rate environment to have a positive impact on cash real estate investors. Dependable Homebuyers expects to see a surge in real estate investors with cash to take advantage of real estate investment opportunities. Cash purchases traditionally make up a small percentage of home sales, however, all-cash home sales are becoming the norm and not the exception thanks to a higher interest rate environment.On December 18, 2018, the Federal Reserve raised interest rates and signaled that two additional increases were on the way for 2019. “We expect a higher interest rate environment to potentially create some real estate investment opportunities for cash buyers," stated Evan Roberts, owner of Dependable Homebuyers. The primary advantage of using cash to make investments is that investors do not have to assess the additional costs of high-interest payments and sellers do not have to worry about appraisals. “As interest rates rise, buyers are going to leave the market, forcing sellers to reduce their asking prices,” says Mr. Roberts. “Homeowners find themselves in an arms race with other homeowners to see who can afford to sell at a lower price in order to attract the small pool of buyers. While this can be good for buyers, it leaves many sellers underwater.” With Dependable Homebuyers’ home purchasing solutions, traditional homeowners can receive a cash offer on their home within 24 hours. “When you sell to a cash home buying company you don’t have to worry about a buyer making a lowball offer due to high-interest rate," stated Mr. Roberts. Dependable Homebuyers has helped hundreds of homeowners sell their properties in high-interest rate environments. They don’t charge real estate agent fees or closing costs. To learn more about Dependable Homebuyers please visit their ActiveRain profile at https://activerain.com/profile/dependablehomebuyers or call (855) 741-4848. Corporate Headquarters: Dependable Homebuyers 7089 Copperwood Way, Columbia, MD 21046 (443) 219-8331