I want to pay cash for my house?
354343
The seller pays the real estate agent(s) not the buyer. Only if you buy a For Sale by Owners house can you expect to save anything and even then the sellers are going to try to get that "extra" 6% for themselves.\n\nTo most sellers the fact that you have cash means very little. It may speed up the process a bit but not much.\n\nRemember that all of that money will be tied up until you sell the house. That is money that might be earning 5% or better and you will not be getting the interest on the mortgage as a tax break.\n\nHaving said all of that, we were in position to pay cash for our current house and did. It feels really nice to not have to worry about payments every month except for insurance and taxes.
809731
Having the possibility, generally, it is better to pay cash and avoid repaying the interests of a mortgage...however, if you have just enough to buy the property, you might consider  paying 80% of the value of the house and getting a small loan. By doing so you would have some money saved for a rainy day...which you could put into an ISA and make up for the interest that you pay on the loan....
641722
No, the house is part of the real estate, too bad it was not a trailer! anyway there is nothing stopping you from making an offer, so go to a realtor, anyone will be happy to write it up, if you are in the norther michigan area give me a call, lol! just make an offer of what you are willing to pay, often times listing agents will list a house at whatever the owner wants just to get the listing, kind of like blowing sunshine up their skirts...i digress, just go to a realtor and make an offer, if you can pay cash instead of a mortgage you will have a good chance. good luck
431671
Basically your bank will loan you money based on the value of your property. There are loan ratios so lets say they have a 10% ratio (I think thats normal although others demand more or less depending on the area). That would mean you can borrow up to 90% of the value of the house. If the house is 100K you could borrow 90K. Now if you only owe 50K because you bought it a a few years back and it has gone up in value then your bank will lend you up to the 90K (or an extra 40K) for you to do whatever you want with. Its a cheap way to finance debt for purchasing things like cars, holidays, extensions...than using a credit card or personal loan BUT it means you are putting those things under your home loan and if you dont or cant pay then they reposses your home. You would start by going to your bank and having the home valued by a professional they recognise to see how much you could borrow. A good bank will pay for this service for you as long as you take out a loan with them. You generally set up a new loan (which means a new fee) and then your back to normal. Your home loan repayments will go up but they should be able to calculate these for you so you know what to expect. Remember interest rates are on the rise so factor that in. Happy spending.
634573
You are just asking for trouble by not working with a title company.\n\nSome 'cash' deals include legal documents that will transfer title for $10.00\n\nIf the check you get from the buyer turns out to be no good you're officially dead without an attorney.
1172643
You'll pay about 18-20% interest.  Unless you paid it back fairly quickly, you could end up paying back a huge amount of money in interest. If at all possible, I would hold off on whatever it is you want to buy until you have the cash.
1070480
That isn't going to be easy.  Most places do a credit check.  There are ways with good credit to buy with no money down.  An individual might sell you real estate that way, but it isn't a wise way to do business.
268081
u just pay there town for there taxes for there house. check with ur tranasstion lawyer
1087674
there is one question you have to answer, Is it putting money in your pocket or are you losing money every month? understand the difference of your liabilities and assets....if you dont have to fork out money at the end of every month to pay for the house then rent the house, if so, sell it.....
48644
You may have to put down some type of cash deposit in order to get the place.
946181
Depends on the state you are in. Check with your bank first. They might be willing to do it. Most lenders won't want to mess with that. A land/home package would be better and get you a better interest rate.
162832
Well first try to get something small,like a furniture account. Then you just must make sure you are not late on any payments and you build from there.The more you pay the more someone will take a risk on you.
677179
If you managed to buy it in cash, just go for it. You can even ask for discount for full payment. Of course it is risky, make an appointment first and it's not too far to have a police supervision or a lawyer during that transaction. For me, if I can avoid myself from debt, I would be happy. That's a personal success.
928963
you probably want short term borrowing.\n\nMoney shop will cash cheques for 1 month and charge about 6%\nup to £500 at a time.\n\nProvident will lend money but charge the earth.
939630
Get people to pay you in cash? It's not legal though, but I'm sure it happens all the time.
254595
Buy house with cool cash and then apply for a home equity line of credits or refinance with cash out.
251336
Most companies will let you do this, however if they don't, try using your bank's website to pay them directly. Also, you can try one of the payment portals like paypal or mycheckfree.com to see if they accept payments that way.