Home Buying For Dummies, 4th Edition (0470453656)

Editorial Review:

Now updated -- America's #1 bestselling home-buying book!

Want to buy a house, but concerned about the market? Have no fear -- this trusted guide arms you with Eric Tyson and Ray Brown's time-tested advice and updated strategies for buying a home in current market conditions. You'll discover how to find the right property, make smart financial decisions, and understand the latest lending requirements and tax implications.

• New to this edition -- new and expanded coverage to help homebuyers take advantage of low home prices, understand the subprime mortgage crisis, obtain a mortgage, and improve credit scores

• To buy or not to buy? -- weigh the advantages of owning versus renting, get your finances in order, and know how much house you can safely afford

• Handle financing -- understand your credit rating, navigate the different types of mortgages, and complete all paperwork

• Play the real estate game -- find the right location and property, assemble an all-star real estate team, and make the most of the Internet's real estate resources

• Let's make a deal -- negotiate with finesse, make successful offers, inspect and protect your new home, and cover all your bases in escrow

"Invaluable information, especially for the first-time home buyer."
--Fort Worth Star-Telegram

"A reference you'll turn to time after time."
--St. Petersburg Times

Open the book and find:

• Reasons why home prices rise and fall

• Hands-on instruction for buying a home in up or down markets

• How to pay the price you want

• The best mortgage options

• A sample home-buying contract

• Pros and cons of comparable market analysis

• Tips for overcoming mortgage and appraisal problems

• How to cope with buyer's remorse

• The best real estate Web sites

Customer Reviews:

Avg. Customer Rating: 4.0 / 5.0

Don't feel stupid using this 'dummy' book:

Read this book before shopping for our first house and it helped. The most helpful sections are the finances checklist of renting vs. owning that everyone should complete before even thinking about looking for a home, as well as the mortgage rates table and home inspection section. Definitely a worthwile primer for a first time home buyer like myself. Buying a home is definitely a geographically based purchase - buying a home in the Northeast is different than in the Midwest, the Rust Belt, The Bible Belt,... more info

from a dummy with a Ph.D.:

received this book as a gift from one who knew that my husband and i are embarking on the search for our first house. it seemed pretty thorough and informative, but when tested for nuts and bolts, i've found it lacking. for instance, we've been to a few open houses and determined our budget, so what now? do we talk to an agent first? get pre-approved for a loan? impossible to figure out from the book. and on a more basic level, i can't stand to read the prose for very long with all the snide comments, that... more info

4th Ed probly not necessary:

I was hoping the 4th Edition of this book brings more relevant items pertained to the 2008 crash and what's happening in the last 12 mos. But I should had known, paper books take awhile to edit, publish, stock, so I feel I kinda wasted my money and could had borrowed a 3rd Ed from the library instead. But if u are not paying full retail like I did go4rit. Overall excellent info for the first-time buyer. I personally wish it has gone into more details of some of the items. To complement this book, you most... more info

Everything you want to know about home buying...:

I am looking for my first house and not very knowledgeable about the subject. This book provided with excellent information about the home buying process, things to watch out for, and great tips that will save you money... Highly recommend it.

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