How Long Does It Take to Close On a House With Cash in 2022? Here’s Your Timeline
HomeLight
MAY 24, 2022
Mortgage interest is tax-deductible , and many homeowners appreciate the deduction. If you only pay cash for the down payment, and take out a mortgage for the remainder of the purchase price, it keeps more money in your pocket. With a mortgage, the bank verifies that the buyer has the down payment available to close.
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