I like to think of the first year of homeownership akin to (what I assume to be) the first year of marriage. It's often the most difficult, because you don't know what to expect. You're used to something different (renting) and the entire year is spent adjusting. It's just as great at you imagined it would be, but it often involves a lot of very hard work.
Many experts have argued about the reasons millennials do not want to own a house. Some experts argued that student loan debts, anxiety or fears are the reasons millennials seems to favor renting a home. Yet, other experts are of the opinion that the lack of commitment is the key factor why millennials are not buying houses.
You may have read in the news about attorneys who stole their clients' money, lost their license and went to jail. Yes, managing escrow money gets attorneys in trouble the most often. However, there are many other red flags that you should watch out for when selecting legal representation for your real estate transaction.