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Real Estate
Reply to "The seven paths to DC-area home ownership"
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[quote=Anonymous]I am happy with our path to homeownership. We rented cheap apartments in great areas for the first 6 years of our marriage, drove crappy, old cars, and lived very no frills, while saving up a huge downpayment. We had no family help at all. We bought as first time homebuyers a $1 million house in the suburbs in 2011. Our thought was that we had no interest in buying the intermediary condo or townhouse before buying a house, so we just skipped that part and rented for a long time while saving up the downpayment. We didn't want to be stuck underwater in a condo that we would have outgrown just to be home owners sooner. We also did not want an older, small house, so we looked further out than Arlington and Falls Church. The commute downtown was an acceptable trade off for a huge yard and house.[/quote]
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