Selling A Building As Interest Rates Climb
Are you thinking about selling a building as interest rates climb now? Extremely low interest rates during the Covid19 pandemic created a rush on real estate sales in many areas. And now that interest rates are climbing again it seems that sales are slowing down. If you missed your window of opportunity to sell while interest rates were low, there may be fewer buyers interested in your commercial property.
Commercial real estate buyers who must apply for mortgage loans are more common than cash buyers. The mortgage loan application and approval process can take several weeks or even months to complete. But a cash buyer skips the mortgage loan process entirely, which means a transaction can be scheduled to close on a much shorter time frame than a traditional buyer. And better yet, a cash buyer is not concerned about interest rates going up.
We Pay Fast Pays Cash For Buildings
Selling a building to We Pay Fast could be the fastest, easiest way to liquidate your commercial property soon. We Pay Fast is a professional team of investors who purchase property directly from sellers in nearly every state in the U.S. Contact We Pay Fast by phone at 1-800-WePayFast (1-800-937-2932) or by email at info@wepayfast.com
Leaving a voice mail or sending an email will result in a phone call back to you within 24 hours. For commercial building owners with tenants, gathering together your income and expenses is helpful. The We Pay Fast investor will be interested in details about the building. Besides commercial buildings, We Pay Fast buys homes, condos, apartments, and warehouses for fast cash, too. Closings can be scheduled in as little as a week to ten days for houses, and less than a month for commercial properties.
If you’re selling a building while interest rates climb, call 1-800-WePayFast (1-800-937-2932) and talk to a We Pay Fast investor about selling for fast cash.