Recently I've had a lot of cash buyers.  It's a great time to buy a house in Denver.  The market here is still a buyer's market, and is beginning to bottom out.  There are good reasons for paying cash, but just as good reasons for financing a home purchase. 

In several cases my clients wanted security.  One young woman had been in a severe accident and spent the last year in rehab just getting to the point where she could work again.  She didn't want to ever have to worry about not having a place to live, so she paid cash for her new little villa.  Another was being staked to his first home, a condo, by his grandparents who wanted to see this young lawyer get his start in life with the security of a home of his own.  Another older man, retired and widowed, didn't want to have to worry about a financial downturn and felt far more secure with a paid up home. 

But another client is trying to decide which is best for their circumstances -- paying cash or taking out a mortgage. 

So what do you think?  What would you do if you had enough cash to pay for a house?  Would you do it?

For further information or for questions contact Judith Clausen at Buyers Advantage Real Estate of Metro Denver, 303-587-3509.