Huntindog wrote:
I pay cash because I can, and I hate payments.
0% interet loans just have the cost baked into the purchase
price. All the companies making such offers have much more expensive properties than the people they are making loans to.... That isn't an accident.It is their buisiness to make their customers feel they got a great deal, while they make bank off of them.
Only if you're using the seller's financing.
If I can get a loan at 2.5% from my CU, and my "cash" is earning 4-6% in various accounts then it makes sense. AND then I can itemize the interest because it qualifies as a second home. Yes, I'd borrow every time. With interest rates going back up, all bets are off.
YMMV
