Dave Ramsey Says ‘Get Title Insurance 100% of the Time’
On “The Ramsey Show,” the exchange started with co-host Jade Warshaw reading a question from a 20-year-old planning to buy a house within six months to a year. The caller already had 20% down and wanted to know what else to watch for as a first-time buyer.
The 25% Rule And The Nonnegotiables
Ramsey told the caller to stick with a “15-year fixed rate 25% of your take on pay.” Warshaw added that putting 20% down helps avoid private mortgage insurance, an added monthly cost.
Then Ramsey moved into what he treats as mandatory.
“Anytime you buy a piece of real estate get Title Insurance 100% of the time,” he said.
Read the full article here. Written by Jeannine Mancini published on
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