Must Sell My Building Due To Unemployment

Sell My Building

Must Sell My Building Due To Unemployment

I must sell my building due to unemployment following the pandemic. This building was bringing in a positive cash flow each month and I was also employed by one of my tenants. That arrangement worked well for us for several years until Covid19 came along and destroyed small businesses all over the world. All the tenants in my building suffered financial losses, which caused me to suffer the loss of rental income.

In addition, I put off some needed repairs over the last couple years, too. Knowing my tenants were having a hard time staying afloat during the pandemic I chose not to pressure them when their monthly payments were overdue. Maybe that was a mistake. It may have led to the situation I am facing now, meaning the need to sell my building due to unemployment and lack of real estate rental income.

Not only do I need to sell this building, but I need a quick, cash sale. There’s no time to wait for a commercial real estate broker to take and post photos, attract potential buyers, receive offers and close a transaction. I simply have no time or patience for a typical commercial building sale to close. The ideal situation for me right now would be to find a buyer who can pay cash and close fast.

We Pay Fast Buys Commercial Buildings

The professional property buyers at We Pay Fast offer a solution for commercial building owners looking to liquidate their property quickly. They purchase homes, condos, apartment buildings, warehouses, and other commercial properties directly from the owners. They make offers over the phone and do not use real estate agents or brokers to close their transactions. In other words, calling 1-800-WePayFast (1-800-937-2932) or emailing might put me in touch with the cash buyers I need right now.

If my commercial building works for them, the We Pay Fast team will send me a purchase agreement to sign by email and they will schedule a closing in as little as two weeks from signing it. I really appreciate the fact that We Pay Fast pays all the closing costs and legal fees associated with the transaction, too. Once we sign the purchase agreement, I will know exactly how much money I’ll receive at closing, and what day that will occur.

Even though I am unemployed and selling my building due to unemployment, calling 1-800-WePayFast (1-800-937-2932) may offer the ideal solution to my situation.