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Updated over 8 years ago on . Most recent reply

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11
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0
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Matt Woods
  • Wayne, PA
0
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11
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All Cash Purchase?

Matt Woods
  • Wayne, PA
Posted

I am fortunate to have enough cash in the bank to buy a home all cash.  I am trying to determine whether it is more favorable to (i) get a mortgage up front at the time of purchase or (ii) buy the home all cash and then refinance.  Are there pros or cons?  Is it more expensive (interest rate) one way or another? Thanks

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