Dependable Homebuyers says Higher Interests is Good News for Real Estate Investors with Cash in Washington D.C.

July 12, 2019 - /PressAdvantage/ -

The Federal Reserve raised the rates of interest applicable on home loans on mortgages in December, 2018. At the time, the Federal Reserve had announced that two more such reviews are in the pipeline and the rates may be raised further this year. The increasing rates of interest have made it difficult for many buyers to invest in houses in Washington D.C. Sellers are having a tough time securing closing offers. Dependable Homebuyers says that the higher rates environment augurs well for real estate investors with cash.

The We Buy Houses company is a cash investor. It buys residential properties directly from owners. All cash transactions are not uncommon in the real estate market but they are certainly rare given the proportion of investments funded by mortgages. Buyers are reluctant to pay the higher rates. For many, the increased interest jeopardizes their affordability and hence they review their financial plan. Most buyers are now looking for reduced ask prices. Many homeowners are surrendering to the negotiations of buyers and this is hampering the prospects of other sellers. Not all homeowners are in a position to reduce their ask prices. This can cause a significant dent in their net returns. Fortunately for such homeowners, Dependable Homebuyers and other cash investors have upfront offers that can solve the problem.

More houses are currently listed for sale in Washington D.C. than there are buyers in the market. The scenario is unlikely to change. The circumstances can get worse if the Federal Reserve hikes the interest rate again and the increase is substantial. Sellers will have to either reduce the ask prices or let their properties sit on the market for many more months. The alternative is to contact Dependable Homebuyers and let them present a cash offer. Here's a recent press release they published. The company has a track record of conducting prompt inspections and putting forth purchase offers in a day or two. They can also close sales immediately and complete the cash transactions in seven days or less.

Dependable Homebuyers is an independent investor that does not seek loans from banks or third party investment companies. The company does not appoint real estate agents to do their bidding so no commissions are due to realtors. The closing cost that is usually paid for by sellers is also assumed by the company. No appraisal is necessary since banks are not funding such acquisitions. Sellers do not have to reach out to normal buyers so there is no listing, marketing or advertising. Dependable Homebuyers has a straightforward cash offer and homeowners are free to consider it or reject it without being hasty.

More cash investors are venturing into residential real estate due to the higher rates environment. They are realizing the potential of the market when buyers are finding it increasingly difficult to make a serious commitment. Real estate investments are not simple and high interests make the propositions tougher. The We Buy Houses company is effectively countering the negative effects the Federal Reserve has had with its interest hike and this is helping homeowners who do not want to sell their properties at a subpar value. Visit https://dependablehombuyerswashingtondc.home.blog to easily get a schedule and an offer.

###

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

Dependable Homebuyers Washington DC
Evan Roberts
(202) 503-2783
evan@dependablehomebuyers.com
1664 Columbia Rd NW #41, Washington, DC 20009

ReleaseID: 60029467

Latest News

Stoppage-time own goal gives Brighton win over Everton

Nov 22, 2019

BRIGHTON, England — A stoppage-time own goal handed Brighton a dramatic 3-2 comeback English Premier League win over Everton, which had been leading with 10 minutes to go on Saturday. Brighton led after 15 minutes through Pascal Gross' powerful free kick, but Everton responded when Richarlison's header went in off Adam Webster, who was credited with the own goal. Two minutes after coming off the bench, Dominic Calvert-Lewin gave Everton the lead with his fifth goal in his last five games. Everton looked close to earning its first away league win since March but let Brighton back into the contest...

Liverpool drops first points in 1-1 draw at Man United

Nov 22, 2019

MANCHESTER, England — Dropping points doesn't seem so frustrating this time for Manchester United. Even against Liverpool. While holding on to inflict Liverpool's first loss of the season was beyond this patched-up United squad, a 1-1 draw still ended the Premier League leader's perfect start on Sunday. It's a sign of United's fall from grace that frustrating its fiercest rival represents progress in the midst of the team's worst start for three decades. Adam Lallana's 85th minute tap-in for Liverpool, canceling out Marcus Rashford's first-half opener, meant United has now lost eight points from winning positions this campaign. But United...

Spurs stumbles again; Chelsea, Leicester into top 4 in EPL

Nov 22, 2019

LONDON — Tottenham's struggles in the Premier League showed no signs of ending as Spurs needed a late equalizer just to earn a 1-1 home draw against last-place Watford on Saturday. The debate around VAR will likely go on as well, after the video-replay system sparked more confusion and controversy on day when it had a direct impact on three games. Dele Alli's late equalizer for Tottenham was allowed to stand after a VAR check, despite the midfielder seemingly using his arm to control the ball before slotting home in the 86th minute. In addition, the big screens at Tottenham...

Arsenal 3rd in EPL as David Luiz scores 1st goal for Gunners

Nov 22, 2019

LONDON — David Luiz scored his first goal for Arsenal in a 1-0 win over Bournemouth on Sunday which lifted Unai Emery's side up to third in the Premier League. Luiz headed home off a corner from Nicolas Pepe with only nine minutes gone. It turned out to be the only goal of a game that lacked both chances and quality as the Cherries managed to keep in-form Arsenal striker Pierre-Emerick Aubameyang on the periphery. Arsenal has still lost just once this season in the league and now sits one point behind defending champions Manchester City. Aubameyang, crucial to Arsenal...

Gremio and Flamengo tie in 1st leg of Copa Libertadores semi

Nov 22, 2019

SAO PAULO — Gremio and Flamengo drew 1-1 on Wednesday night in the Brazilian semifinal tie of the Copa Libertadores. Striker Bruno Henrique opened the scoring for Flamengo with a header in the 69th minute. Substitute Pepe tied it in the 88th from close range to the relief of home fans at a crowded Arena do Gremio in Porto Alegre. Flamengo had two goals disallowed by video review in the first half. The second leg will be played Oct. 23 at the Maracana stadium in Rio. Gremio, the 2017 champion, is seeking its fourth Copa Libertadores trophy, and Flamengo its...

About Us

Daily Sports Global, your guide to the best sports news on the Internet. Access to the world’s biggest sports events right here even if you’re not physically there.

Subscribe Now!