yes, you can always buy a house for cash BUT, you will be asked for a "proof of funds" letter stating that the money is on deposit in a bank or credit union and available for withdrawal at closing. Houses under $10,000 usually have multiple issues, including but not limited to, being on the city's " vacant & abandoned buildings" list ; which means that there are building code violations that would have to be addressed and repaired by the new owner. These properties typically do not come with any type of disclosures as to the condition of the home. Before doing this type of a purchase, I would advise you to talk with a lender and see about getting your credit repaired and what you would then qualify for in a loan if the credit issues were taken care of. Always have a home inspection done, you really need to know what you're buying and the type of work it would take to restore the home.