Cash Buyers in Nashville Are Seeing a Positive Impact Due to Higher Interest Rates

July 12, 2019 - /PressAdvantage/ -

Dependable Homebuyers in Nashville, TN is predicting that the high-interest rate environment will have quite an impact on real estate investors making cash purchases. This increase provides a great opportunity for cash investors to get great deals on real estate purchases.

Typically, a very small percentage of purchases are done with cash in the real estate market. However, making cash purchases is becoming much more popular in the real estate market. This can be attributed to the higher interest rate environment.

Back in December of 2018, the Federal Reserve increased interest rates. They also made note that two more increases are expected to occur in 2019. These increases are going to provide some great opportunities for cash buyers. The higher interest rates are going to force a lot of investors to pull out of the real estate market in the Nashville area. This is going to open the door for cash investors to step in and get some really great deals. On the flip side, the increases and investors pulling out is going to force homeowners to accept lower offers than they had originally been asking for. The result of that will end up being a competition between homeowners to see who can afford to lower their asking price the most to lure in potential buyers.

When an investor uses cash to make a purchase, they are able to avoid paying high-interest rates. This also provides sellers with the opportunity to avoid having to have an appraisal done.

The way Dependable Homebuyers works is actually quite simple. When a homeowner reaches out, an appointment is set up to have a representative come and take a look at the potential property. The appointment is very simple and does not place the homeowner under any obligation at all. WIthin 24 hours of the appointment, a reasonable offer is presented to the homeowner. All homeowners are encouraged to take their time and make sure accepting the offer is right for them. Should they decide to accept, closing takes place within 7 days.

Throughout the years, Dependable Homebuyers has helped hundreds of homeowners sell their homes despite the higher interest rate environments. There are never any hidden fees, closing costs, or commissions associated when dealing with Dependable Homebuyers. This provides a great opportunity for homeowners who have been on the fence about selling their home. Read the recent press release they published at https://www.pressadvantage.com/story/29066-dependable-homebuyers-has-liquidation-solution-when-relocating-in-nashville.

Dependable Homebuyers has built a reputation in the Nashville area as being a go-to company for homeowners who are faced with difficult circumstances when it comes to selling their home. They have perfected the selling process making it straightforward and free of stress for homeowners. This reputation is something they stand behind as well as something that pulls in new clients, offering them the security of knowing they are working with a company who will put their best foot forward for them in getting the offer they deserve for their home.

Those interested in learning more about the company and how the process works are encouraged to take a look at their website where more information can be found.

###

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

Dependable Homebuyers Nashville
Evan Roberts
(615) 257-7774
info@dependablehomebuyers.com
182 Millwood Dr, Nashville, TN 37217

ReleaseID: 60029472

More News From Oriental News Today

Hong Kong police seize explosives as rival camps rally

Jul 21, 2019

HONG KONG — Police in Hong Kong discovered a stash of a powerful homemade explosive as the semi-autonomous Chinese city readied for another major pro-democracy protest on Sunday following a pro-Beijing rally that attracted thousands. Police said they found about 2 kilograms (4.4 pounds) of TATP and arrested a man in a raid on a commercial building late Friday night. TATP, or tri-acetone tri-peroxide, has been used in terrorist attacks worldwide. Materials voicing opposition to an extradition bill that has sparked more than a month of demonstrations in Hong Kong were found at the site, local media said, but a...

Hong Kong elders march in support of young demonstrators

Jul 21, 2019

HONG KONG — Thousands of Hong Kong senior citizens, including a popular actress, marched Wednesday in a show of support for youths at the forefront of monthlong protests against a contentious extradition bill in the semi-autonomous Chinese territory. The seniors also slammed the police for their handling of a protest Sunday in Hong Kong's Sha Tin district. That protest was mostly peaceful but ended in mayhem when violent scuffles in a shopping mall saw dozens injured, including a policeman who had a finger bitten off, and over 40 people detained. Veteran actress and singer Deanie Ip, who joined Wednesday's demonstration,...

Hong Kong protests expand to oppose China, with no end near

Jul 21, 2019

HONG KONG — Colin Wong has come to know the sting of pepper spray well. After more than a month of demonstrations in Hong Kong's sweltering heat, memories of the burning sensation are a constant reminder of what protesters call an excessive use of force by police. Each time he felt the now-familiar sting, Wong, 18, was more determined to not back down. "Every time we come out and stand up, problems continue to arise afterward," Wong said, referring to the protesters' dissatisfaction with responses from law enforcement and Hong Kong leader Carrie Lam. "Trust in the whole Hong Kong...

China's economy growth cools further amid US tariff war

Jul 21, 2019

BEIJING — China's economic growth sank to its lowest level in at least 26 years in the quarter ending in June, adding to pressure on Chinese leaders as they fight a tariff war with Washington. The world's second-largest economy grew 6.2% over a year ago, down from the previous quarter's 6.4%, government data showed Monday. Forecasters expected China's economy to rebound in late 2018 but pushed back that target after President Donald Trump raised tariffs on Chinese imports to pressure Beijing over its technology development tactics. Now, economists say the slowdown might extend into next year. Weaker Chinese activity carries...

Hong Kong protesters march in new outpouring of grievances

Jul 21, 2019

HONG KONG — Protesters demanding the resignation of Hong Kong's chief executive and an investigation into complaints of police violence filled the streets of a northern town Sunday, adding to an outpouring of grievances against the territory's leaders. Some of the more than 10,000 people marching in Sha Tin called for genuinely democratic voting in the former British colony. A handful called for an independent Hong Kong. Protests that began in opposition to a proposed extradition law have swelled to include complaints about an influx of mainland Chinese into Hong Kong and that local leaders are more responsive to the...

Oriental News Today delivers breaking news and deep engaging content in Asia. It’s the only source you need for the latest Asia news.

Contact us: sales[at]orientalnewstoday.com