11/26/2009

Review of Home Buying For Dummies, 3rd edition (Paperback)

I just successfully bought my first house.I shopped Amazon.com and bought half-a-dozen "how to" books for buying a house before I started my search.I was buying this house on my own, and had no one to rely on for hand-holding or expert advice.I also had a lot of qualms about the whole process.Out of all the books I bought, this was the one I kept going back to.It's typical of a "Dummies" book in that it doesn't give you too much unusable knowledge, but--coversely--it also doesn't drill down to the nth degree on any one topic.This is okay, though.With the usual high-quality editing that goes into most "Dummies" books, this one is very easy to read.It talks about who to hire (e.g., real estate agent, mortgage broker, etc.), how to go about hiring them, how to go about getting a mortgage, what are the ins-and-outs of mortgages, how to get a down-payment together, and--I thought--most importantly; how to budget yourself in preparation for homeownership.This part on figuring out what you spend as a renter and what you think you'll spend as a homeowner helps you decide how much of a house you can afford, and, in my experience, this is one of the big mysteries of buying your first house.Overall, the book is comforting, reliable [now that I'm in a house, I can see that the advice was good], and well organized.If you don't know much about how to buy a house, this is a fine start and a trustworthy source of information.

Product Description
Though fun and exciting, buying a home can also be complicated and confusing-and most people learn the hard way that a wrong move can cost dearly. In order to find the perfect home at the best price, you must have skill, foresight, and a little guidance from experienced professionals.

Home Buying for Dummies, Third Edition provides just that! Packed with invaluable advice in an objective, down-to-earth style that will have you sitting in your dream home in no time, this friendly guide contains everything you need to know to play the home buying game. It has the tools you need to:

  • Improve your credit score and select a mortgage
  • Choose a time and place to buy
  • Determine the price you want to pay
  • Assemble an all-star real estate team
  • Make use of the wonderful world of the Internet
  • Negotiate your best deal
  • Inspect and protect your home
  • Handle and become responsible for the title
  • Cope with buyer's remorse

Featured in this guide are tips and tricks on things you should do after you seal the deal, as well as things you ought to know about real estate investing. Also included is advice on how to sell your house, as well as a sample real estate purchase contract and a good inspection report. Don't get chewed up by the real estate market-Home Buying for Dummies, Third Edition will lead you to the home you want!



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