When it comes to selling existing cell tower lease agreements, land owners often think that they will be able to deal directly with cell carriers themselves and still receive the highest amount of money possible. However, this is not true, as these companies will always ensure that they benefit the most from deals like these. As a result, it is strongly recommended that land owners approach Towerpoint with regards to their cell phone tower lease buyouts.
1. Pursue Other More Important Interests
Receiving cash lump sums from Towerpoint for cell tower lease buyouts will enable property owners to pursue other interests or business opportunities that may be more important to them. These can be other ventures that may end up being more financially lucrative in the long term or investment opportunities that require large amounts of cash to get involved in. In some cases, property owners may even decide to use their cash to assist charitable causes or organizations that are important to them.
2. Pay Debt
With the cost of living that continues to rise substantially, most people find themselves carrying some form of debt. This can be a result of job losses, illnesses or even major unexpected repairs that they may have needed to carry out on vehicles or homes. In many cases, monthly repayments don’t even begin to make a debt in the principal amounts of debt that are owing, so a cash lump sum is normally very welcome in situations like these. Some land owners have reported that the lump sums they have received have been enough to cover their outstanding bank loans in full.
3. Eliminate the Risk of Early Decommission
Another reason for property owners to consider cell tower lease buyouts is that there is always the chance that cell sites located on their properties could fall prey to being decommissioned before the end of the initial contract terms. This happens either because additional sites are erected in the nearby vicinity or because the technology and equipment used on their sites becomes too outdated to upgrade at a profitable price. When this occurs, cell carriers will not think twice about decommissioning a site, meaning that the property owner will no longer receive monthly rental income from it.
Property owners who would like to find out more about cell tower lease buyouts and how much money they could receive by selling their remaining leases should not hesitate to contact Towerpoint today. When dialing (866) 574-2355, land owners will be put in touch with experienced consultants who will assist them with every step of the lease buyout process at no additional charge and ensure that they receive fair compensation.