Okay, if you are paying actual CASH for a property, yes, maybe, cash can be king. However, if you are buying a home using a mortgage loan cash is NOT king. I'm talking about literal cash here, the kind you just have laying around the house.
Part of the home mortgage loan process is documenting funds that are used for down payment or closing. There are established rules about what is acceptable.
All the rules I'm not covering here, that would be too complex. One thing that is not acceptable is to show up at closing with … (0 comments)
BUYING A HOME - CASH IS NOT KING
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