Tag: home purchase

A Bigger House Means a Bigger Budget

You’ve saved money, your family has grown and you’re thinking of buying a bigger house. Of course, it will come with bigger mortgage payments, but there are other cost increases to consider. Let’s count them to see if you are financially ready for a bigger house. Purchase and administrative costs Obviously, a bigger house comes… Read more »

Should You Pay All-Cash for a Home?

Nationally, about a quarter of homes are sold in all-cash transactions. If you have sufficient cash to purchase outright without a mortgage, is this the best choice? Let’s examine the factors to consider. What an all-cash transaction means to the buyer. Buying a house for cash can feel liberating. Cash purchases eliminate not just your… Read more »