Paying cash for a home eliminates the need to pay interest on the loan and many closing costs. Paying with cash is usually more attractive to sellers, too. A cash home purchase also has the flexibility of closing faster, if desired, than one involving loans, which could be attractive to a seller.

On the other hand, obtaining financing also has significant benefits. Even if you have the ability to pay cash for a home, it might make sense not to tie up a large amount of cash in a real estate purchase.

The best advice when considering whether cash or a mortgage makes the most sense is to opt for the choice that gives you the bigger "bang for one's buck". Ask yourself which will most likely provide the greater return on your investment. 

You may be wondering if now is a good time to buy a home…or if interest rates are projected to rise or fall. To get you started, I provide a free eGuide home report that will answer many of your questions and likely bring up a few things you didn’t even know you should consider when buying a home. 

Simply click on the icon above and fill out the form to receive your copy of the free eGuide home report, and please don't hesitate to get in touch if you have any questions.

As a global real property (real estate) advisor representing both domestic and international real estate buyers, sellers and investors I appreciate the diverse, dynamic and rich cultures from around the world.

With years of experience in real estate even before she was a licensed Realtor®; connected to local, state, national and international industry experts, and with a dedication to excellence in the real estate industry. Christine Wren is who you should call to buy or sell a home.