The top choice among home buyers in need of assistance
Home Buying Kit For Dummies is your one-stop guide to navigating the housing market and buying a home. This updated book helps you through the largest—and most complex—purchase you’re likely to make, offering a map to navigating the occasionally choppy waters of home buying. Get insight on evaluating your financial readiness to buy a house, securing a mortgage, building a team of advisors, negotiating a deal, and getting your new home ready after you buy. A small investment in know-how will make a big difference, making every step of the home buying process smoother.
- Understand interest rates and determine your budget for buying a new home
- Learn how to get approved for a mortgage and recognize fair house prices
- Get a real estate agent and find the home that fits your needs
- Survive the inspection and appraisal stage, then seal the deal
This book is a perfect choice for first-time and inexperienced home buyers who need advice on the steps in buying a home.
Table of Content
Introduction 1
Part 1: Getting Started with Buying a Home 5
Chapter 1: Deciding Whether to Buy 7
Chapter 2: Getting Your Financial House in Order 23
Chapter 3: What Can You Afford to Buy? 39
Chapter 4: Why Home Prices Rise and Fall. 69
Part 2: Financing 101 83
Chapter 5: Understanding and Improving Your Credit Score 85
Chapter 6: Selecting a Mortgage 103
Chapter 7: Mortgage Quandaries, Conundrums, and Forms 133
Part 3: Property, Players, and Prices 161
Chapter 8: Where and What to Buy 163
Chapter 9: Assembling an All-Star Real Estate Team 207
Chapter 10: What’s It Worth? 239
Chapter 11: Tapping the Internet’s Best Resources 261
Part 4: Making the Deal 271
Chapter 12: Negotiating Your Best Deal 273
Chapter 13: Inspecting and Protecting Your Home 301
Chapter 14: It Ain’t Over till the Escrow Officer Says So 325
Part 5: The Part of Tens 341
Chapter 15: Ten Financial “To Dos” After You Buy 343
Chapter 16: Ten Things to Know When Investing in Real Estate 351
Chapter 17: Nearly Ten Things to Consider When Selling Your House 359
Part 6: Appendixes 367
Appendix A: Example of a Good Inspection Report 369
Appendix B: Glossary 387
Index 407
About the author
Eric Tyson, MBA, has shared his financial expertise in bestselling books like Personal Finance For Dummies and Real Estate Investing For Dummies.
Ray Brown is a real estate professional with over four decades of experience.
He co-authored the previous seven editions of this book Robert S. Griswold, MSBA, CRE, CRM, is a successful real estate investor and property manager. He’s author of Property Management Kit For Dummies and co-author of Landlord’s Legal Kit For Dummies.