Should I pay cash for my home if I have the financial means

If paying for the home in cash will deplete your savings, then you should consider a mortgage for a portion of the home. However, as was stated by Mr. Lewis, you may be able to make a better return on you funds if you invest elsewhere. There are many factors to consider and this is something you really should discuss with your financial adviser to determine what the best option is for you.

You should really discuss this with your accountant and financial adviser. There are benefits to having a loan. Call us or email us at 201-962-3555 or Team@BestMortgageOption.com for ano cost no obligation analysis of your situation ask for Michelle or Benny. We will find the Best Mortgage Option to suit your needs! Check us out at www.BestMortgageOption.comAsk us about the awesome discounts we offer heroes as a Homes for Heroes affiliate!

That depends on your financial future. If even after you pay off the mortgage you still have funds that will not interrupt retirement plans then pay off the mortgage. However, on the flip side if you are making a greater return on those funds invested somewhere than the interest you are paying on your mortgage then keep the mortgage. You should really discuss this with your accountant and financial adviser for the best avenue for you.

I would not pay all cash for a home. It is best to keep some cash in savings for a rainy day. It is much easier to get cash out of savings account than pull it back out of the home's equity and pay an interest rate on it. If the home will not pass lender's appraisal standards then you can always go cash. Joel Lobb (NMLS#57916)Senior Loan Officer502-905-3708 cell502-813-2795 faxkentuckyloan@gmail.comKey Financial Mortgage Co. (NMLS #1800)*107 South Hurstbourne Parkway*Louisville, KY 40222*http://mylouisvillekentuckymortgage.com

No!!! CASH IS KING!! If you talk to any financial planner, accountant, CPA, etc.. all will tell you to keep the cash in the kitty and borrow as much as you can.. and if you have the means to purchase a home for cash, you probably shouldn't be using an internet post to get your financial advice.. do yourself a favor and contact the guy you trust to get you your financial advice.. , but as I've said, he's probably going to advise you to keep the money in the bank.. .. I'm a Broker here in Scottsdale AZ and I only lend in Arizona. If you or someone you know is looking for financing options, feel free to contact me or pass along my information. 480-287-5714 WilliamAcres.com

Personally I wouldn 't pay cash for a house. Your House will NEVER make you money but it will in earn money in an interest bearing account of some type. The Time Value of Money will double your money every so many years and with interest rates so low if you can make more than 4.5% (approx home interest rates right now) return on your money right now you will be ahead of the game already. Get with a Finanacial Counselor to discuss your situation.

you should discuss that with your CPA and Financial Advisor. there are advantages and disadvantages to each. Your individual situation will dicate which is best for you.

If you have the means to pay all cash for a home and will still have savings, you can consider it. The best ting to do is speak with a financial adviser to help you make your decision. It is important to also have savings set aside in case of emergency, so financing a portion of your home may be a good idea.

No!!! CASH IS KING!! If you talk to any financial planner, accountant, CPA, etc.. all will tell you to keep the cash in the kitty and borrow as much as you can.. and if you have the means to purchase a home for cash, you probably shouldn't be using an internet post to get your financial advice.. do yourself a favor and contact the guy you trust to get you your financial advice.. , but as I've said, he's probably going to advise you to keep the money in the bank.. .. I'm a Broker here in Scottsdale AZ and I only lend in Arizona. If you or someone you know is looking for financing options, feel free to contact me or pass along my information. 480-287-5714 WilliamAcres.com

Yes.