Cell Tower Lease Buyouts Increase as COVID-19 Hits

Tower Leases, the industry leader in cell tower negotiation, offering free consultation for those being offered a buyout

Many people have had a financial setback because of the pandemic. As a result of that, there are some companies trying to take advantage of that situation, such as in the cell tower lease field. There has been an increase in cell tower lease buyouts as COVID-19 hits. A leading industry expert warns that there are steps people can take to ensure they don’t lose money in their buyout deal. To help protect them, he offers a free 30-minute consultation to discuss the terms of the buyout offer.

“I hate to think of all these landowners being taken advantage of due to the pandemic,” explains David Espinosa, president of TowerLeases.com. “Even with the pandemic, there is no reason for you to take less money than your cell tower lease is worth. I’ve helped many people protect their interests when it comes to these rushed buyouts.”

While cell tower companies know that many people are hurting for more cash, they also know that landowners are not usually highly knowledgeable about fair lease practices. This is why Espinosa offers the free consultation. He discusses the buyout with the landowner, so that he can help them determine if they are being offered a fair rate, and helps them negotiate for a fair buyout offer.

Many landowners make the same common mistakes regarding cell tower contracts and buyouts. Espinosa’s 14 years of experience have made him an industry expert on the issues, and he uses that information to help each landowner he works with. In determining what a fair cell tower contract or buyout rate is, he considers a variety of factors. These include impact fees, local bylaws, property values, and more. 

“I know that some people are struggling financially due to COVID-19, but don’t let that make you so desperate that you fall for their tricks and take less than you should,” added Espinosa. “I help most people get more money from their buyouts and leases. You have nothing to lose by having the free consultation, but you could stand to gain a lot more money.”

Espinosa’s consulting service has helped people who have cell tower leases with Crown Castle, Verizon, and AT&T. To arrange for a free 30-minute lease buyout consultation, visit their site at TowerLeases.com or call (866) 746-8907.

About TowerLeases.com

Located in the Atlanta area, TowerLeases.com serves the entire country with cell tower lease consultation and negotiation services. Its mission is to help protect those leasing their land for cellphone towers. It offers a free consultation to see if its services would be a good fit for those already leasing their land for a cell tower and those considering doing so. For more information on the company, visit its site at www.TowerLeases.com. For a free 30-minute consultation regarding cell phone tower leasing, call (866) 746-8907.

Source: Tower Leases