Quote:
Originally posted by charly
Did not need one, bought the house outright with cash and I mean real cash.
Had to go down to the bank and take out the final payment $50,000 in notes and go to the lawyers office to make the last payment.
When I bought my previous house in London I had to fill in some extra forms at the bank, but was not a problem. They knew better than me what I was worth. 
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That's so silly..you gave up all the tax write offs.....The first thing any good CPA will tell you is you need to have expenses and a house and kid are the best...that's the last thing I would pay off in full.