maine real estate investing: Decision For Cash Buyers: Small Loan or Investment?
- 04/27/12 08:32 AM
Should I pay all cash, or get a nicer home with a small loan to cover the difference? Here in the Lewiston-Auburn real estate market, we are starting to see more and more home buyers willing and able to make the purchase of their new home with cash. Buying a home with cash, instead of obtaining a mortgage can simplify the closing process, shorten the time needed for closing, and offer the buyer some leverage with sellers who want or need a quick closing.
Many of these cash buyers are realizing the value of real estate as an investment and (3 comments)
Disclaimer: Trulia, Inc. does not necessarily endorse the real estate agents, loan officers and brokers listed on this site. These real estate profiles, blogs and blog entries are provided here as a courtesy to our visitors to help them make an informed decision when buying or selling a house. Trulia, Inc. takes no responsibility for the content in these profiles, that are written by the members of this community.