ExFlyBoy5
Give me a museum and I'll fill it. (Picasso) Give me a forum ...
Curious why, with these historically low interest rates,
anyone would want to pay cash for a house?
I would expect that you would get the same varied answers as if you asked "why would you finance a home."
For me, I am not a fan of interest payments of any kind. Have we lost a significant amount of investment income by having a lot of money tied up in our house? Yes. But, as we all know...you can't really bet on the markets but I sleep very well at night knowing that WE own our home, not a bank.
And as others have mentioned, having cash in hand is a very persuasive tool when it comes to buying.