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Is it better to buy a house in full, or keep half the money and take out a mortgage.
Is it better to buy a house in full, or keep half the money and take out a mortgage. I'm selling my place in a very desirable area and moving to a MUCH cheaper location where I am able to buy a place outright. Ideally, I'm trying not to have a mortgage. However, would it be better for me to put 50% down on a place and keep the rest in savings?
submitted by /u/azoz1231
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