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.
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 ?
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