Publisher's Synopsis
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
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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
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Handle financing - understand your credit rating, navigate the different types of mortgages, and complete all paperwork
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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
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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
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Hands-on instruction for buying a home in up or down markets
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How to pay the price you want
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The best mortgage options
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A sample home-buying contract
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Pros and cons of comparable market analysis
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Tips for overcoming mortgage and appraisal problems
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How to cope with buyer's remorse
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The best real estate Web sites
