Always get one to ensure you aren't buying a money pit.
Highly recommended, even if not mandated by a lender.
If the stock market is returning 8% and your hypothetical mortgage interest would have been 6%, your money might work harder elsewhere. i want to buy a house cash
Here is a comprehensive guide to help you navigate a cash purchase.
You are "house rich and cash poor." If you need that money for an emergency, it is locked in the walls of your home. Always get one to ensure you aren't buying a money pit
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The Cash Buyer’s Guide: How to Buy a House Without a Mortgage Here is a comprehensive guide to help you
Crucial. You need to ensure the property is free of liens or ownership disputes. 3. The "Hidden" Costs Even without a mortgage, you still need to budget for: