I have no credit history or credit store. I rather pay in full anyway. So is this possible if i have the money? I actually meant writing a check - not cash. Can i just cut a check for the $40,000.00 to buy my house? I have it in the bank right now. Is this legal?
Sure! Nothing wrong with that at all. In fact sellers are happier that way. It means a quick close and no waiting to see if the buyer is qualified for a mortgage. You may even get the home at a discount for offering cash.