10 Reasons To Buy A Home With Cash

Dated: 12/29/2014

Views: 688

Image title

Buying a home with cash has definite advantages in today’s market. If you can afford to buy up front, the advantages are many:

  1. Sellers are likely to favor buyers who can pay in cash.

  2. The home price may be reduced for those who pay in full up front.

  3. All-cash purchases streamline the home-buying process: No loans means less paperwork and no delays for mortgage approval.

  4. Cash buyers can save money on closing costs, bank appraisals, mortgage applications and fees, title insurance, and so on. The closing costs are significantly lower when purchases are made with cash

  5. Cash purchases eliminate the risk of loan denial.

  6. Cash buyers pay much less for their homes in the long run: No loans means no interest.

  7. Cash buyers never have to worry about losing their homes because they can’t afford to repay their mortgage loans. All cash purchases bring an inviolable sense of security.

  8. Cash buyers gain full, immediate equity in their home.

  9. Financially and emotionally, paying with cash benefits the home buyer. Figure out how to pay in cash

  10.  Buying your house with cash might seem like an impossible dream. But it is doable. Avoid the temptation to waste money. Tell your friends and family about your goal of buying a home; they will help keep your spending on track.

Denver Co Real Estate-

I specialize in Denver Colorado and surrounding communities of metro Denver area. If you are selling your home I will make sure you get TOP dollar. If you are looking to purchase a home I will make sure that you get the best deal possible. Please contact me directly via phone or text at 303-817-6818.

Luba Jeltov
Exit Realty Chery Creek
Direct: 303-817-6818
Email: luba@exitrealtycherrycreek.com

Blog author image

Sheryll White

As a Full Time real estate agent for the past 23 years, Sheryll has helped hundreds of home owners in Colorado buy and sell their homes. Sheryll's easy going, no pressure style and her in depth knowl....

Want to Advertise on this Site?

Latest Blog Posts

EXIT Realty Bonfils Blood Drive

EXIT Realty Corp. International has a long standing tradition of giving back to the community.  EXIT agents are no different and many of us have various causes or charities that we

Read More

8 OneHour Projects That Can Make Your Home Look New Again

With today's busy schedules, it can be tough to find the time to take on lengthy home improvement projects. But you don’t have to dedicate your entire summer vacation to home maintenance to keep

Read More

Denver Newest Move In Ready Home

Welcome to the City of Denver, the State of Colorado's beautiful capital city situated at the base of the Rocky Mountains. Located on the western edge of the Great Plains, Denver is the largest city

Read More

Union Station Condos Under 300k For Those Who Qualify

If you haven't heard yet, The Coloradan has finally released its affordable units, and you could snag a 2 bedroom in the heart of Union Station for $280,000, with restrictions.  This is a great

Read More