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Reply to "Buying a house with job uncertainty, better to pay cash?"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous][b]You do know that you could use the money in the market to pay off the mortgage slowly, or fast, and still have all this money left?[/b] How much are the capital gains if you took all this money out at one time? Mind the taxes, take out down-payment, and then pay the mortgage off. If having not having a house keeps you up at night, heck with taxes and building wealth. Go buy it.[/quote] Not necessarily depending on how it is invested if the market tanks.[/quote] Exactly, and with rates hovering near 7% that’s going to be hard to beat keeping it invested in the market.[/quote]
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