 title works. It does, however, occur in some foreign countries. If you have the means to make the payments, and you don't have to worry about that, and your house is, let's say, worth $300,000, and you had the ability to pay it off with cash, or just keep making your little monthly payments and keep the cash in the bank, wouldn't you want to just rather have the cash? Well, that's a really complicated question. Cash is king, they say.