Cash For Gold: Selling Gold is Still One Answer to Avoiding Foreclosure

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Los Angeles, CA, August 25, 2010 — During these difficult times, many homeowners who are in arrears on their monthly mortgage payments are turning to Cash for Gold Co to raise the cash they need to catch up on delinquent payments and avoid foreclosure. This is still occurring because foreclosures are still taking place despite some small improvement in global financial markets.

According to Joe Montes, president, “In the past several months, we have hearing from sellers who tell us that they decided to sell their gold rings, chains, watches and other items because they had to come up with some fast cash to pay their late mortgage payments in order to prevent foreclosure of their home. There’s little doubt that this trend will probably continue as long as home foreclosures continue in large numbers across the U.S.”

Montes added, “Foreclosure prevention is certainly not the only reason that motivates our customers to sell their precious metal property. One Grandmother in Wisconsin recently sent us two antique gold pocket watches she inherited from her father because her grandson needed tuition for his college. There’s surely very little doubt that continuing high unemployment is the primary reason behind many people’s financial headaches. Some people with many years of regular employment with the same company have been laid off from their jobs and have been completely unsuccessful in finding another job in a year or more. Many people are still suffering from deep financial problems through no fault of their own and are really hurting moneywise due to our long-term economic downturn”.

Cash for Gold Co is a leading Internet buyer of gold, platinum and Sterling silver of every kind, 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, nuggets, Sterling silver flatware, silver serving pieces and even scrap dental gold.

Cash for Gold Co is well 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 by direct deposit to the seller’s PayPal account. The company’s SECUREPAK^TM mailing envelopes are pre-insured for up to $1,000 for maximum safety and security while the seller’s property is in transit. Even the postage to mail it in is pre-paid.

Other press releases from Cash For Gold Co

• Selling Precious Metal Jewelry Will Be a Real Problem Solver When Extra Cash is Badly Needed - August 1st, 2011
• High Insurance Coverage for Property in Transit is Important - July 27th, 2011
• Learn to Tell if Your Jewelry is White Gold or Platinum - July 25th, 2011
• Protect Yourself When Selling Precious Metals to Internet Buyers - July 25th, 2011
• Cash For Gold Customers Ask: What is ‘Black Hills’ Gold and is It Valued Differently? - February 4th, 2011