What Do “Cash For Houses” Signs Means?
Few years ago you could not exit a highway without seeing a number of “rent to own” signs that alerted potential home owners to check out an available property; at this point in time the property market trend has shifted and sometimes handwritten signs proclaiming “cash for property” or “cash for houses” are popping up. Offering up cash for homes is not a farfetched idea when you consider that many homeowners with an adjustable mortgage rate or even a recently refinanced mortgage is looking at a monthly net-loss rather than breaking even.
