The importance of guarantees in buying and selling real estate to combat rising interest rates

With Credit Glorious you can fight rising interest rates, find out how

Recently, rising interest rates have had a significant impacton the real estate market, affecting purchases and sales and property values. However, despite the difficulties of this complicated period, real estate continues to be an investment option that should not be underestimated, especially in a context of high infation. In this article, we will explore how the use of collateral, such asguarantees and the payment of the latter in istalments, can benefit real estate buying and selling.

The importance of surety in real estate transactions:

During the process of purchasing a property, it is crucial to ensure the seller that the buyer will fulfill the agreements established in the preliminary contract. Instead of making a cash deposit, the use of a surety bond provides a more secure solution. A surety bond is a commitment made by a third party, usually a bank or a financial institution, to pay the seller the deposit amount in case the buyer fails to meet the terms of the preliminary agreement. This provides the seller with a more solid guarantee and avoids the need for immediate liquidity commitment from the buyer.

With Credit Glorious it is possible to pay the surety in instalments and by credit card:

Credit Glorious offers a unique opportunity to simplify the process of guarantee payment for property purchases. Thanks to their innovative solution, it is possible to use a credit card to cover the cost of the guarantee, or you can pay the amount in installments. This approach makes the payment much lighter for customers, as the repayment amount is deducted the following month from the use of the credit card. This flexible payment method offers numerous advantages, allowing buyers to spread out the guarantee amount over time, without having to make an immediate outlay of significant funds. This solution represents a significant convenience for property buyers, enabling them to better manage their liquidity and plan the payment according to their financial needs.

Benefits of guarantees in real estate purchase and sale:

The use of guarantees such as surety bonds and a payment plan with a credit card or in installments brings several benefits for both the buyer and the seller. For the buyer, the use of a surety bond reduces the need to commit a large amount of initial liquidity, allowing for greater financial flexibility.

On the other hand, the seller benefits from increased security and certainty regarding the buyer's fulfillment of obligations. The surety bond provides a solid financial guarantee in the event that the buyer fails to comply with the agreements, protecting the seller from potential financial losses.

In a context of rising interest rates and economic uncertainty, the use of guarantees such as surety bonds and a payment plan in installments with a credit card are essential tools in real estate transactions. The surety bond provides increased security for both the buyer and the seller, offering a solid financial guarantee in case the agreements are not upheld. At the same time, the payment of the surety bond in installments and with a credit card, as proposed by Credit Glorious, eases the financial burden for the buyer, enabling a more manageable handling of liquidity and planning payments based on their needs.

This innovative solution offers tangible benefits for both parties involved in the transaction, promoting a safer, more flexible, and protected real estate purchase that is shielded from market uncertainties.