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Summaries and Customer Reviews are supplied by Amazon.com
The procedure of buying a home can be a scary experience. There are a lot of people to deal with, from realtors to attorneys to bankers. There’s tons of paperwork with terms and vocabulary that read like a foreign language. In this new book you will find vital information and great strategies that will allow you to find your dream home faster and feel confident about the purchase. You will learn to avoid some of the most prevalent—and potentially dangerous and expensive—mistakes made by first-time home buyers. According to Money Magazine, "Over the past five years, home values nationally have risen 65 percent while the stock market has fallen." Now is the time to get into the real estate marketplace. With the help of this comprehensive new guide, you will learn how to find the best opportunities, negotiating, financing, budgets, needs and wants, credit reports, home-buying timeline, the process of building a house, manufactured homes, real estate and mortgage glossaries, setting values, home warranties, homeowners insurance, creative financing, buying with little or no money down, closing, moving plans, walk-throughs, closing and settlement inspections, legal contracts, mortgages, what you can afford, deciding which neighborhood to choose, hiring a realtor, which government agencies can help, considerations for veterans, IRA use, hiring an attorney, the offer, calculating monthly payments, and escrow. This comprehensive resource contains a wealth of modern tips and strategies for financing and closing on a property. The author shows readers how to find out how much they’re really worth, how to uncover unknown assets, and how to enhance credit ratings within six months, provides information and suggestions on everything from no-down-payment mortgages to finding the right agent. It leads you down the path to home ownership, one step at a time. Though you may be relatively cash-poor or have a less-than-perfect credit rating, you can acquire a mortgage and find the house you’ve always wanted.
A very good but rudimentary starting point
| Customer Rating:   | | This book is an excellent starting point for anyone seeking a book on first-time home buying. It covers all the major topics needed (i.e., looking for agent, escrow, financing, etc.). It is simply written and can be read in about 3-4 hours. The only problem is that it is very rudimentary and should not be read alone. It needs to be supplemented with other more detailed information after being read. Highly recommned reading " 100 Questions Every First-Time Home Buyer Should Ask: With Answers from Top Brokers from Around the Country (100 Questions Every First-Time Home Buyer Should Ask)" after reading in order to get more depth of coverage of the various aspects of home buying. |
a book true to its title
| Customer Rating: | | I bought this book in preparation of buying a house - we are first time home-buyers and needed to know the basics without getting bogged down with too much jargon or poorly-written advice. I found the book easy to read and the chapters helpful without sacrificing important information that I needed to know. The book comes with a CD with useful forms and other checklists for those geeks and control freaks too who like to pay attention to detail. After reading the book, I no longer felt like an ignoramus and could carry on an intelligent, 2-way conversation with realtors. It was worth the twenty bucks I paid for the book just for the peace of mind and education in house-buying. |
Vital Handbook for Homebuying
| Customer Rating: | | We're finding out that homebuying, especially the first time around, can be quite a wild ride. This Handbook has provided great information and guidance in the process toward final first home ownership. This book is definitely recommended. |
Fantastic Information
| Customer Rating: | I just recently finished it and I feel like having taken a course on Real Estate 101. It is helpful, practical, and easy to read. It has great tools like check-off lists and sample contracts all on a complimentary CD.
We are looking into buying a house and this has given me a great base of knowledge to start making smarter decision.
Worth the $$. |
excellent advice for all homebuyers
| Customer Rating: |
Though this book's title specifies that it's for the first time buyer, my advice would be to pick it up and read it thoroughly regardless of how many times you've bought or built. It is a super compendium of all the steps a buyer needs to take, including information on motivation and emotions in home buying, taxes, paperwork, hiring a professional advocate such as a lawyer or real estate agent, and an in-depth discussion of how to find out your credit score. The section on credit also gives good advice about establishing and maintaining a good credit score that would be helpful for anyone trying to finance a large purchase. The information in this book should be available from the real estate agent you're working with, but it's good to know it yourself in case the agent isn't keeping your well-being in mind at all times.
I also appreciated the straightforward, matter-of-fact tone of this book. There were no embellishments, just the information in a logical, easy to understand format. It also includes a 15 page glossary, helpful for the novice. Five stars out of five.
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