Especially in Washington DC and Northern Virginia real estate, many home buyers wait to have a 20 percent down payment saved while the home prices continue to increase. Did you know that you don't need to have a 20 percent down payment to buy a home?
There's a reason why owning a home is part of the big American dream. Ultimately, we all want a place that we can call our own. While it's easy enough to say that your rented apartment is "yours," the truth is that renting leaves you with very little control over the property you live in. On the other hand, when you buy a home, you can really put down roots for yourself, and your family.
As complicated as choosing the right home, applying for a mortgage, and even unpacking a flood of boxes can be, there are plenty of reasons why it makes more sense to buy than rent.
Title insurance is boring, but Allied Title & Escrow is here to decode the jargon and make it (somewhat) more interesting. This biweekly column will explore the mundane (but very necessary!) world of title insurance while sharing interesting stories of two friends’ entrepreneurial careers.