Troubled Homeowners Selling Gold to Avoid Foreclosure

“Foreclosure prevention is not the only thing that motivates our customers to sell their precious metal property. "
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Los Angeles - California - US

April 26, 2010 - PRLog -- LOS ANGELES, CA, April 22, 2010 — It’s a sign of the times! An increasing number of homeowners who are behind on their monthly mortgage payments are turning to Cash for Gold Co to raise fast cash and avoid foreclosure.

According to Joe Montes, president, “In the past several months, several sellers have told us that they decided to sell their gold rings, chains, watches and other items because they needed fast cash to eliminate mortgage payment arrearages that were heading them toward foreclosure. We believe this will most likely continue as long as home foreclosures continue across the U.S.”

Montes also said, “Foreclosure prevention is not the only thing that motivates our customers to sell their precious metal property. One lady in Minnesota recently sent us a Sterling silver flatware service for 12 because her credit card bills were getting out of control. There’s absolutely no doubt that continuing high unemployment rates are the culprits in many cases. Some folks with 20+ years of regular employment have been laid off from their jobs and have been unable to find another in a year or more. Many people have deep financial problems through no fault of their own and are really suffering financially in our current economic downturn.”

Cash for Gold Co is a leading Internet buyer of gold, platinum and silver of every kind, of any age and any place of manufacture. Most of the property sellers send in is in the form of broken or unwanted jewelry, but the company also buys coins, ingots, Sterling silver flatware and serving pieces and even gold flakes and nuggets from recreational prospectors.

Cash for Gold Co is known for paying ‘the highest-possible percentage of the actual value of a seller’s property based upon assay and the current spot market prices’. Payments are made within 24-hours of receiving a customer’s items either by company check or direct deposit to the seller’s PayPal account. The company’s SECUREPAKTM mailing envelopes are pre-insured for up to $1,000 for maximum safety and security while their property is in transit.

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When you choose Cash for Gold as the company to buy your gold jewelry, you will be dealing with the one Internet buyer who will pay you the highest possible percentage of market value.
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