What s In A Name

Better Off Investing?
There are a number of ways in which a renter may invest the money that finally goes towards the down cost in a rent-to-own deal. Based on the previous example, the renter would make solely about $350 to $450 by investing the $12,200 in fees and premiums in a savings account (average annual share yield: 1 %) or three-yr certificate of deposit (common interest charge of CD: 1.2 p.c). Investing the money in stocks or mutual funds may considerably enhance the renter's nest egg, which might then be used to make a larger down fee. Such a return -- which, di chúc miệng unlike that of financial savings accounts and CDs, isn't assured -- would flip the renter's $12,200 into $14,640. For some renters, the power to lock in a house's worth in a rent-to-personal deal is value passing on different investment opportunities [sources: Bankrate, Dow Jones Indexes.

Insurance - Most mortgages require the purchase of hazard insurance to protect in opposition to losses from fire, storms, theft, floods and other potential catastrophes. Should you personal less than 20 p.c of the fairness in your home, you could even have to buy private mortgage insurance coverage, which we'll discuss more about later.

The 6.2-mile run is an out-and-again course that runs along the Potomac River along M Street, in the heart of Georgetown. The route takes runners proper by Georgetown University, to the Georgetown Reservoir, then again to the finish/begin line at Ok Road. This is a USATF-certified occasion, which means it has been verified for accuracy by USA Track & Field, the Nationwide Governing Physique for long-distance working and race strolling in the United States. Events should be certified in order to have any of the performances eligible for data or to be nationally ranked.