Survival Guide for Buying a Home
by: Sid Davis
Topics include: make your offer subject, preapproval letter, many homebuyers, prequalification letter, most homebuyers, full price offer, your credit score, garbage fees, qualifying ratios, good lender, your dream home, panel homes, home warranty, your realtor, slow market, going this route, condo project, professional inspection, closing costs, tax notice, curb appeal
From Publishers Weekly -- Davis (Adding Value to Your Home), a real estate broker for over 25 years, offers a straightforward, no-frills volume designed to help readers navigate the tricky waters of purchasing a new home. With advice that runs the gamut from making the decision to buy, to working with a mortgage broker, to packing up and moving, Daviss book contains an abundance of practical information; the author gives, for example, a list of the paperwork that lenders need to assess a potential buyers qualifications, along with calculation charts and checklists (like a set of questions to ask future neighbors when conducting a neighborhood walk-through). The appendices, which include a glossary of real estate terms and a big-picture checklist of steps to becoming a homeowner, are valuable additions to the volume. The text doesnt always flow smoothly, but readers will get solid real estate buying advice.
Copyright Reed Business Information, a division of Reed Elsevier Inc.
Buying a home is a complex process that involves a delicate balance of financial, emotional, and practical factors. This essential resource helps readers come out on top, revealing the best strategies for finding and buying a new home -- while saving money every step of the way.
Whether looking for a house, condo, co-op, or manufactured home, readers will learn how to:
* Hire the right agent
* determine financial limits
* develop relationships with banks and other potential lenders
* evaluate communities * get prequalified or preapproved for a mortgage
* negotiate the best price and terms
* and more.
There's also a checklist of the 15 costliest mistakes homebuyers make -- and how to avoid every one of them -- plus crucial information on how to sell a home. Owning a home is the American dream, but achieving it can be a nightmarish experience. With this vital information and great strategies, readers will not only find their dream home faster, they will do everything right to move in quickly and confidently!
When my wife and I decided a few months ago that we were going to buy our first home, I went to our library and took out two books on home buying. One of them was your "Survival Guide". I toted that book around for the past two months and finally turned it back in today after we closed on our house.
My wife and I are the type who want to know as much as we can about everything that we are involved in, and your book really helped us to navigate the very involved and complex road to home-buying. We left the closing this morning feeling like we had done everything right, from shopping mortgages to negotiating after the home inspection. I believe that your book has helped us to save thousands of dollars!
Thank you for writing such a fine resource!
Reviews:
Concise and Thorough -- I'm in the process of buying my first home, and this book has been extremely helpful. The author covers all of the things you need to know and has lots of tips and things to consider. He walks you through the processes and tells you what to expect. I highly recommend this book to anyone who is just getting started and has questions about the process of buying a home.
