Cueny290, Home Owner in Rochester, MI

Should I pay cash for a house and finance later?

Asked by Cueny290, Rochester, MI Tue May 14, 2013

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Cash makes for a better offer. Why would you finance later. Instead of making a mortgage payment , you can use that money for anything else you like
0 votes Thank Flag Link Tue May 14, 2013
Karen Paytas, Agent, Macomb County, MI If you don't have 2 years on the job it's going to be difficult to get financing. So cash seems to be the best solution. After you've established some time on the job you could consider doing some financing on the home.

If you need the assistance of a buyers agent just give me a call or send me an email. I'll be happy to help.

Good Luck,

Karen Paytas, GRI, CMS
Real Living Kee Realty
0 votes Thank Flag Link Tue May 14, 2013
What about child support and alimony as income? Can that help with financing right away?
Flag Tue May 14, 2013
Cash is king! If you can afford to pay cash for a house, your offer is more likely to be accepted by the seller.
0 votes Thank Flag Link Tue May 14, 2013
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