Buying with Cash
Though most buyers don't buy a home with all cash, anyone considering such a move may be wondering how it's done. Because all cash buyers sidestep the time-consuming loan qualification process, the deal can close very quickly. The primary advantage of buying a home with cash is completely avoiding mortgage interest. Buyers also save money which would be spent on loan origination fees, required appraisal, some closing costs and various other charges imposed by the lender.