Dependable Homebuyers Says Higher Interests in Baltimore Favor Real Estate Investors with Cash

July 12, 2019 - /PressAdvantage/ -

The higher interest rates in Baltimore are discouraging homebuyers from investing and this is turning the market in favor of real estate investors with cash. Dependable Homebuyers had predicted this when the Federal Reserve raised the rates of interest on home loans or mortgages late last year. The Federal Reserve is likely to raise the rates of interest further. Homebuyers who have been planning to buy a property in Baltimore are not reconsidering their immediate considerations. They would be paying a much higher mortgage than earlier and this is affecting their buying power.

The We Buy Houses company based in Baltimore believes more investors with cash will come forward to buy properties. Outright sales are not uncommon but still have not become the norm. This is poised to change as the number of buyers plummet and more properties are available for sale in the city. Cash purchases help both investors and sellers. The sellers get upfront offers and can secure better deals. Investors are able to circumvent banks and other lenders to expedite the process. Cash investors can also avoid going through realtors and hence find it easy to deal with owners directly.

The current real estate environment is not in favor of sellers. Buyers who can afford to pay higher interests are negotiating for reduction in ask prices. Not everyone can accommodate the increasing interest on their mortgage or their financial plan may be in jeopardy. Sellers who can afford to reduce ask prices have a greater chance of actually selling their properties. This makes the situation worse for those who cannot reduce the ask price. Such sellers are likely to have their properties listed for a much longer period of time. It is probable that their properties will remain unsold for the rest of the year.Read the recent press release they published at https://www.pressadvantage.com/story/29128-dependable-homebuyers-says-the-real-estate-market-of-baltimore-continues-to-favor-sellers

Dependable Homebuyers is a cash investor. The company inspects residential properties for free and makes cash offers. The purchase offer is nonobligatory. Owners turned sellers do not pay anything to the company, either initially for the inspection and offer or later for the sale. There is no commission or service fee. The closing cost is also paid for by the We Buy Houses company. Other cash investors are also coming forth sensing the opportunity. An all cash purchase does not necessitate the involvement of a bank or mortgage provider. Hence, appraisals are no longer required. There is no uncertain wait time either as the offer is for an outright sale and the process can be expedited. Dependable Homebuyers has a track record of presenting cash purchase offers in a day or two and they can close the sale immediately if sellers want. They can complete the purchase in one week.

The higher rates of interest are going to prevail for now. More buyers will choose to rent than invest in a house. Many will ask for drastically reduced ask prices. Some homeowners will concede to such negotiation and make selling at desired prices difficult for other sellers. Cash investors like Dependable Homebuyers are the only pragmatic alternative now for homeowners in Baltimore. For more information about the company and the services they provide visit their website.

###

For more information about Dependable Homebuyers Baltimore, contact the company here:

Dependable Homebuyers Baltimore
Evan Roberts
(443) 266-6247
evan@dependablehomebuyers.com
1402 Belt St, Baltimore, MD 21230

ReleaseID: 60029463

More News From Daily Sports Club

Verona handed partial stadium ban for Balotelli racial abuse

Nov 21, 2019

ROME — Hellas Verona will have part of its stadium closed for one match as punishment for its fans racially abusing Mario Balotelli. The Brescia striker threatened to leave the field because of the racist chants directed at him by Verona fans during Sunday's match, which was suspended for several minutes. The league says Verona's "poltrone est" — the sector where the chants came from — will be closed for one match. The league says the chants "were clearly audible" but adds that there were chants of support and applause from other parts of the ground. Balotelli, who is black,...

Inter unbothered by parachutist landing in win over Sassuolo

Nov 21, 2019

ROME — A parachutist landing on the center of the field briefly disrupted Inter Milan's 4-3 win over Sassuolo in Serie A on Sunday. The intrusion came just before Romelu Lukaku was to take a penalty for the visitors. Security agents quickly escorted the parachutist away and Lukaku was unperturbed as he converted the spot kick for his second goal of the match. Lautaro Martinez also had a brace for second-place Inter, which moved back within a point of eight-time defending champion Juventus, which beat Bologna 2-1 a day earlier. It was an emotional day for Sassuolo, which was playing...

Bulgarian prime minister condemns soccer racism

Nov 21, 2019

SOFIA, Bulgaria — Bulgarian Prime Minister Boyko Borissov condemned the racist behavior of his country's soccer fans on Tuesday, a day after the national team played England in a European Championship qualifying match. Local fans made Nazi salutes and directed monkey noises at the black players on England's national team. England won 6-0, but the match was halted twice in an effort to stop the abuse. "It is unacceptable that Bulgaria, one of the most tolerant countries in the world where people of different ethnicities live in peace, to be associated with racism and xenophobia," Borissov wrote in a post...

Proud papa: Balotelli scores as daughter watches in Napoli

Nov 21, 2019

ROME — Playing before friends and family members may be the biggest inspiration for Mario Balotelli at this point in his nomadic and controversy-filled career. Having signed with Brescia after three years away from the Italian league, Balotelli plays his home matches a stone's throw from the house that he grew up in. And on Sunday, Balotelli carried Pia, his six-year-old daughter, onto the field with him before Brescia's match at Napoli as the players lined up for the Serie A anthem. His daughter lives in Naples with her Neapolitan mother and was wearing a Napoli uniform. The hosts took...

Juventus beats Brescia 2-1 on Balotelli's Serie A return

Nov 21, 2019

MILAN — Mario Balotelli was kept quiet on his return to Serie A as his Brescia side lost 2-1 at home to eight-time defending champion Juventus on Tuesday. An own goal from Brescia defender Jhon Chancellor and Miralem Pjanic's second-half strike saw Juventus come from behind after Alfredo Donnarumma's early opener. "We are proud of what we have done," Donnarumma said. "Mario is accustomed to different movements, so we communicate a lot on our movements off the ball. Playing alongside him is an honor for me and I hope we can do a lot of things from now on." It...

Search

About Us

From transfer news, tactical analysis to predictions, get only the best of the world of sports daily with Daily Sports Club.

Contact us: sales[at]dailysportsclub.com

Subscribe Now!