Can anyone help settle a disagreement please?
can you buy a house for cash outright?
Answers:
You could but I would read all the links provided first. Don't forget to click on property investor line in the first link. There are benefits to buying a home with cash too. Good luck.
Don't see why not, as long as you get your bill of sale, and its all legal,cash seems to buy everything else.
no
Sure; Why the hell not?
Yes you can..just expect questions in order of the prevention of money laundering etc.
Yes. It makes perfect sense that it's possible to buy a house with cash. If you have enough cash for the house, of course you can buy it outright. However, you may possibly be investigated. People may be suspicious since you have so much cash.
Yes, and sellers love it if you do because the whole process should be more simple.
i cant see why not
If you have the cash yes thats what happens in auctions all the time.
I think so, if you have enough money and it isn't laundered or anything.
Yes.
yes you can but it would be up to you to get surveys done etc as there isn't an interested party (ie a mortgage lender) insisting on you doing this.
Ohoooo No !!!!!
yes, but it will set off alarms at the IRS
sure, why not? anything can be purchased with cash. you may run into some irs/dea issues if you suddenly pull 200K from under your mattress, but if you have the cash in the bank, and get teh bank to cut a cashiers check to the seller, the house is yours. you will have to get a lawyer to do the paperwork if you are not going through a real estate agent, but it is no problem.
If you are buying the freehold then yes. If it is a leasehold then you wouldn't be buying it outright because someone else would still own the land it is standing on.
Cause U can.
Body Guard optional.
I know some1 who did that, only sag was the Vendor had 12 hours 2 move out but didn't complain.
YES! YES! THERE ARE PEOPLE OUT THERE WOULD SNATCH YOUR ARM OFF
But , u might need money for other things .
so think about installment loadn
I can not buy a house for cash I'm not craziy to buy the
the house for cash
definitley i have done it twice now
Dude, you can buy ANYTHING with cash up front. Of course, lenders don't like that because they don't make any interest off of you. However, the person selling doesn't care. He or she is getting the money in one lump sum either way-from a bank or a person.
Yes , But better to get a Cashier,s Check So You have for Your own Records, And make sure this transaction is done thru a Tittle Company.
Yes.
If you have the money they cannot really refuse.
yes xxx
yeah u can, u can get all the right forms u need and not involve any solicitors and payingcash u tend to get a discount on the price because the seller doesnt pay commision to the estate agents
I have sold a house to a woman who paid cash. It's very easy, you cut out all the credit checks and loan process time. So, yes, if you have the cash, you can pay for the house in full. You still have to have title of the property changed, and things like that.
Yeah, why not?? It's like paying for a car outright..duh!
I don't think there's a law AGAINST buying a house in cash. But be prepared for your bank/building society/lawyer will be pissed cos they won't be making any money out of you!!
On a more serious note, you will have to explain just how you came by such a substantial amount of cash (and I'm guessing that on average it'd be a few hundred grand)
Yes you can,my mate and his wife did this a couple of months ago
yes, you can purchase anything ofr cask outright! Just besure that you can prove that the cash you are purchasing it with can be traced to a reputable business. IE no Drug money or illegal acts.
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Answers:
You could but I would read all the links provided first. Don't forget to click on property investor line in the first link. There are benefits to buying a home with cash too. Good luck.
Don't see why not, as long as you get your bill of sale, and its all legal,cash seems to buy everything else.
no
Sure; Why the hell not?
Yes you can..just expect questions in order of the prevention of money laundering etc.
Yes. It makes perfect sense that it's possible to buy a house with cash. If you have enough cash for the house, of course you can buy it outright. However, you may possibly be investigated. People may be suspicious since you have so much cash.
Yes, and sellers love it if you do because the whole process should be more simple.
i cant see why not
If you have the cash yes thats what happens in auctions all the time.
I think so, if you have enough money and it isn't laundered or anything.
Yes.
yes you can but it would be up to you to get surveys done etc as there isn't an interested party (ie a mortgage lender) insisting on you doing this.
Ohoooo No !!!!!
yes, but it will set off alarms at the IRS
sure, why not? anything can be purchased with cash. you may run into some irs/dea issues if you suddenly pull 200K from under your mattress, but if you have the cash in the bank, and get teh bank to cut a cashiers check to the seller, the house is yours. you will have to get a lawyer to do the paperwork if you are not going through a real estate agent, but it is no problem.
If you are buying the freehold then yes. If it is a leasehold then you wouldn't be buying it outright because someone else would still own the land it is standing on.
Cause U can.
Body Guard optional.
I know some1 who did that, only sag was the Vendor had 12 hours 2 move out but didn't complain.
YES! YES! THERE ARE PEOPLE OUT THERE WOULD SNATCH YOUR ARM OFF
But , u might need money for other things .
so think about installment loadn
I can not buy a house for cash I'm not craziy to buy the
the house for cash
definitley i have done it twice now
Dude, you can buy ANYTHING with cash up front. Of course, lenders don't like that because they don't make any interest off of you. However, the person selling doesn't care. He or she is getting the money in one lump sum either way-from a bank or a person.
Yes , But better to get a Cashier,s Check So You have for Your own Records, And make sure this transaction is done thru a Tittle Company.
Yes.
If you have the money they cannot really refuse.
yes xxx
yeah u can, u can get all the right forms u need and not involve any solicitors and payingcash u tend to get a discount on the price because the seller doesnt pay commision to the estate agents
I have sold a house to a woman who paid cash. It's very easy, you cut out all the credit checks and loan process time. So, yes, if you have the cash, you can pay for the house in full. You still have to have title of the property changed, and things like that.
Yeah, why not?? It's like paying for a car outright..duh!
I don't think there's a law AGAINST buying a house in cash. But be prepared for your bank/building society/lawyer will be pissed cos they won't be making any money out of you!!
On a more serious note, you will have to explain just how you came by such a substantial amount of cash (and I'm guessing that on average it'd be a few hundred grand)
Yes you can,my mate and his wife did this a couple of months ago
yes, you can purchase anything ofr cask outright! Just besure that you can prove that the cash you are purchasing it with can be traced to a reputable business. IE no Drug money or illegal acts.
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