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Home Buyers - Pay Cash or Finance a Home Purchase in Katy TX ?

By
Real Estate Agent with Berkshire Hathaway HomeServices Anderson Properties TX Real Est. 567774

Home Buyers - Pay Cash or Finance a Home Purchase in Katy TX ?

 

When you’re ready to buy a home, you have some options when it comes to how you’re going to pay for it. Paying cash means that you don’t have to wait to be approved for a mortgage, and in a competitive market, a cash deal could help you be the preferred buyer in a transaction. However, it also is risky to commit that amount of money, which could drain your savings and leave you with no cash backup in case of some emergency situation.

 

Mortgage rates are low right now, making now the time to lock in that low rate by financing your purchase. There are two sides to this situation, and I am here to assist you to make the right decision for you and your family. As an Accredited Buyer’s Representative (ABR®) Professional Realtor, I have experience in working with clients with many different financial backgrounds and ages. Let me know if you have any questions.

 

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Please read the linked article shown below as it discusses both sides of this decision.  

 

Should You Ever Pay Cash When Buying a Home? by Sarah Max. ©2016 Time Inc. All rights reserved.





Home Buyers - Pay Cash or Finance a Home Purchase in Katy TX ?

 

Posted by

© 2016 Bob Gilbert Real Estate

 

Accredited Luxury Home Specialist

 

Note: Katy TX is about 25 -30 miles due West of downtown Houston TX.

 

If you have any questions about Katy Homes for Sale or Katy Homes for Rent in the Katy Texas and/or Sugar Land TX, and/or Cypress TX and/or other surrounding areas, contact me via my cell: 281-904-6772 or via Email:

 

 

 bobgilbert2003@msn.com or bob@bobgilbert.com

or visit me on my web site at

 

http://www.katyhomefinder.com

or visit me on Google plus

and FaceBook at https://www.facebook.com/bobgilberttx

 

Scan me with your smartphone to bookmark
our mobile website at http://katytx.realbird.com

 

 

 

 

 

 

 

 

 

 

 

Start “Living the Luxurious Dream” Katy TX

 

  

 

 

 

 

 

 

Katy Texas Real Estate Expert

 

 

 

 

 

Read my blog at http://bobgilbertblog.com

 

Search Homes in Katy or anywhere in the Houston area. 

 

© 2007- 2016 Bob Gilbert 

 

 

 

 

 

 

 

 

 

 

 

  

       

                      

 

 

 

 

 

 

 



Comments(11)

Ron and Alexandra Seigel
Napa Consultants - Carpinteria, CA
Luxury Real Estate Branding, Marketing & Strategy

Bob,

Nice post and explanation of the advantage of paying all cash.  A

Feb 26, 2016 04:58 AM
Robert Bob Gilbert
Berkshire Hathaway HomeServices Anderson Properties - Katy, TX
Your Katy TX ( West of Houston) Real Estate Expert

Ron and Alexandra Seigel - Thanks for ther heads up about the link and web site. I forgot to eliminate this from my profile when I cancelled my contract. 

Feb 26, 2016 05:36 AM
Ron and Alexandra Seigel
Napa Consultants - Carpinteria, CA
Luxury Real Estate Branding, Marketing & Strategy

Bob,

What are friends for?  Wishing you and Yolanda Cordova-Gilbert a fabulous weekend.  A

Feb 26, 2016 05:59 AM
Roy Kelley
Retired - Gaithersburg, MD

This is very good information to share with prospective home buyers.

Have an outstanding weekend.

Feb 26, 2016 08:55 AM
Potranco Realty
Potranco Realty - San Antonio, TX
"Sold with Potranco Realty"

Hello Robert (Bob) Gilbert aka Bob no matter how they decide to buy their home know they should work with you to guide them in making the best offer to win the bid is key to their success. Have a wonderful weekend.

Feb 26, 2016 09:03 AM
Lou Ludwig
Ludwig & Associates - Boca Raton, FL
Designations Earned CRB, CRS, CIPS, GRI, SRES, TRC

Bob

Cash is king in an competitive real estate  . . . . With everything being equal with two contracts the sellers will chose the cash contract.

Good luck and success.

Lou Ludwig

Feb 26, 2016 11:07 AM
Endre Barath, Jr.
Berkshire Hathaway HomeServices California Properties - Beverly Hills, CA
Realtor - Los Angeles Home Sales 310.486.1002

Bob my friend I have heard all the arguments, as far as I am concerned Cash is always king and after one aquires the property one can always do a "REFI" jut sayin, Endre

Feb 26, 2016 12:41 PM
Laura Cerrano
Feng Shui Manhattan Long Island - Locust Valley, NY
Certified Feng Shui Expert, Speaker & Researcher

I've heard about some struggles in Texas recently, is this by you? I'm just very curious wicertain things today

Feb 26, 2016 03:26 PM
Gabe Sanders
Real Estate of Florida specializing in Martin County Residential Homes, Condos and Land Sales - Stuart, FL
Stuart Florida Real Estate

Hi Bob.  I know that you will give the best advice for buyers wise enough to seek your assistance.

Feb 26, 2016 08:14 PM
Joan Cox
House to Home, Inc. - Denver Real Estate - 720-231-6373 - Denver, CO
Denver Real Estate - Selling One Home at a Time

Bob, have had several cash purchases this past year, and some buyers want to remain debt free.  Great post for the options, and you are the REALTOR to contact for any home purchase in Katy!  

Feb 26, 2016 10:47 PM
Lou Ludwig
Ludwig & Associates - Boca Raton, FL
Designations Earned CRB, CRS, CIPS, GRI, SRES, TRC

Bob 

The cash sales in South Florida have increased over the last few years.

Good luck and success.

Lou Ludwig

Feb 27, 2016 10:01 AM