Is It a Good Idea to Purchase a Home with 100% Cash?

Charlescarillo29 Jul, 2022Real Estate

If you want to purchase a house, you can either purchase it with cash or use a mortgage. Both options have merits and disadvantages. For example, if you?re considering to take out a mortgage, you won?t need as significant capital. But the drawback here is you will have to pay a large sum of interest over the purchase price. Similarly, buying a house with full cash has the following advantages and demerits.