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Can you buy a house with cash?

Buying a house with cash is mostly the same as buying one with a mortgage, with the giant exception of not having to apply for a loan and all the paperwork it involves.

Should you buy a house with cash in a community?

If you’re buying a house with cash in a community with a homeowners association, you might have to budget for monthly or annual HOA fees. These mandatory fees are paid by everyone who owns in the community and go toward maintaining the common areas.

Is buying a house in cash better than getting a mortgage?

It’s quicker and more certain than getting a mortgage. But there may be considerable drawbacks to keep in mind. Let’s get into it! Buying a house in cash can streamline the process, but it’s not always the most beneficial decision for a buyer.

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