Quote:
Originally Posted by tis
You know nvmbr9, I would have agreed with you that most people pay cash for their high end houses. However, I was discussing that very subject with a realtor about a year ago and he told me that it is not true, that most people DO finance them. Maybe there are other realtors on here who would disagree with that, and I think it would be interesting to hear from them.
I am with you though. We have a high end house and I would hate to have a mortgage on it.
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I am a Buyers Broker, my experience on the Lake is the higher the price of the home the more likely that it is a CASH transaction