When it comes to home buying, Dave is a huge fan of the 100%-down plan—paying cash for your home. A lot of Dave's Facebook fans like this plan, too, and have paid cash for their homes. So we asked them for their advice on how to make it work.
We received many comments from people who thought paying cash for a home is an unrealistic goal. Others wondered if it's worth the sacrifice. But Ashley Sublett said she doesn't want to buy a home with cash just because it's a better deal. For her, it's about peace of mind. "I will feel more freedom to do as I please, rather than worry about the next (visit from) Murphy (unexpected emergencies) potentially threatening my home."
It's clear from the advice we received that paying cash for a home is the result of hard work and discipline—there's no magic pill to make it quicker or easier. Here's how our fans have reached the goal:
With the right perspective and lots of disciplined saving, just about anyone can pay cash for a home. Beau Froese started saving his money right out of high school and bought his home for cash at age 28!
Even Holly Gann Shadrick and her husband, who were $90,000 in debt five years ago, just paid cash for their own home. "It needs lots of work, but it will be so worth it not to have a house payment!"
If you're ready to buy a home, save time and money by consulting a real estate professional. Dave's real estate Endorsed Local Providers (ELPs) are experts in your area, and they will give you the same great advice Dave would. Contact your ELP today.
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