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Buying a Home With Cash

Buying a Home With Cash

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HOMES The Key to Avoiding High Mortgage Rates? Buying Homes With Cash. Cash-only deals are on the rise as buyers look for creative ways to circumvent 20-year-high interest rates The buyer of this Colorado townhouse paid $965,000, all cash, in September.
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A real-estate news-style graphic shows a large Colorado townhouse and claims that the buyer paid $965,000 in cash to avoid high mortgage rates. The joke is the absurd contrast between avoiding interest rates and needing nearly a million dollars upfront, making it a reaction to housing unaffordability and wealthy buyers. EN: A real-estate news-style graphic shows a large Colorado townhouse and claims that the buyer paid $965,000 in cash to avoid high mortgage rates. The joke is the absurd contrast between avoiding interest rates and needing nearly a million dollars upfront, making it a reaction to housing unaffordability and wealthy buyers.

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image
Size
612×800 · 111.0 KiB
Mood
sarcastic, absurd
Language
en
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