Buying A Home, Mortgage Loan Free

E 'possible to buy a new home, without recourse to obtain a mortgage loan. Is not the shortest or easiest to take. Buying a house in cash requires years of planning, starting small, the willingness to be flexible, and the patience to wait for the final result. Buying a home was once something that was done only in cash. It was not until recent history (just after the Second World War), that the mortgage loans has become the normal way to buy a house. The credit industry has loosened its practices, making it easier for more people to borrow more money - resulting in a market increasingly housing. Even with these artificially high prices, this does not mean that a mortgage is the only path to take. E 'can still buy a house in cash. The first step is to save. Before you start, the faster you get. Finding the least expensive place and you can rent for a while '. Save the difference towards your first home. After saving enough, buy a small house within your budget. I remember that position is always critical, but also look for a house with strong bones, some character, and the characteristics that differentiate it (for example, a major shipyard or the age and quality of construction). Buy now, decorate and make any renovation of this home begins with the intention of turning around and selling it in the future. Start saving money for the rent and other once again. Keep your eyes on the real estate market. When the market slows down and becomes a buyers' market (where sellers are willing to sell) and when you saved another piece of money, it's time to start considering a trade up. Contact an estate agent in your area (you may need to look around, not everyone is ready to collect the smaller houses). Let them know your plan. Once you find a buyer for your home, start looking for a bigger house (with the same quality as before), which falls in the price of the earnings and savings. Keep in mind that as people are paying cash and not have to go through the time and the process of getting a mortgage, you probably have more room for negotiating other buyers. Continue this process until you find the home of your dreams. You will be able to move into the house with a mountain of debt without ever having to negotiate the mortgage industry. It will take time, patience and flexibility, but it will be worth in the long term.