Reverse Mortgage Alternative Offered by Dependable Homebuyers Nashville

Retirees in the Nashville, TN will be pleased to know that Dependable Homebuyers is now offering an alternative to doing a reverse mortgage. It is very common for those who have retired to need cash for things such as medical bills. Dependable Homebuyers is offering the option of purchasing their house and then renting it back to them, allowing them to stay in their home. This can be a greater benefit than a reverse mortgage in that the person living in the home will no longer be responsible for costly home repairs when they arise.

The owner of Dependable Homebuyers, Evan Roberts, stated, “We are very happy to announce that we are offering the option of having fast cash to homeowners may be faced with urgent circumstances such as medical care. We will purchase their home directly from them and then rent it back to them. This will help them financially and allow them to stay in their house as well.”

Dependable Homebuyers has been in business in the Nashville area for many years. Throughout their time in business, their team of experts has familiarized themselves with the neighborhoods and how to get the best offer possible for their clients. They always offer a reasonable cash offer to homeowners within 24 hours of their initial appointment.

The entire process is very simple and straightforward. Once a homeowner makes the initial contact with the company, they are asked to answer a few simple questions in order to determine if their home and situation meets the criteria necessary for the company to purchase their home. From there, a convenient appointment is set up for a representative to come out and take a look at the property. Read the recent press release they published at https://www.pressadvantage.com/story/28027-nashville-market-saturation-explained-by-dependable-homebuyers. This is necessary in order for a fair offer to be prepared. The client is encouraged to consider the offer and make sure it is the best decision for their particular situation. If they decide to accept the offer, the company moves forward with setting up the closing. The closing typically takes place within 7 days. This gives the client the cash they need.

Dependable Homebuyers is able to move the process along s quickly because they are not a typical real estate agency. They do not list the house on the market and provide their own funding. This eliminates the length of time necessary to wait for approval from a bank. The fast process also works to the benefit of the homeowner in that there are never any hidden fees or commissions to be paid. The offer they receive is very straightforward.

In renting the house back to the seller, this allows the original owner to stay in the house and avoid the stress of looking for a new place to live. It is also very helpful in relieving the financial burden that can come along with having to make costly home repairs.

For those who are interested in learning more about the company and how their process works, information can be found on their website.