Sentences with phrase «pay for the house outright»

If, however, you think getting a mortgage is off the table, then consider one of two other options: pay for the house outright using saved cash, or get a line of equity and use that to purchase the property.

Not exact matches

If you pay outright for your home you won't have any housing costs at all beyond some maintenance and upkeep.

You also have to ask yourself if you're prepared to run the risk that a crash in real estate prices could leave you with a depreciated house that you own outright and can't sell for anything close to the price you paid.

At this point of time in their retirement years, most retirees have already paid off the mortgage for their other home as they now own the house outright.