Everything first-timers need to know to avoid the most common
mistakes homebuyers make
Written especially for first-timers, this eye-opening guide
turns you into an educated consumer, ensuring that the home or
condo you buy is both a comfortable place to live and a great
investment for the future. Compiled from the experience of hundreds
of homebuyers, real estate agents, home builders, and mortgage
lenders, it shows you the most common mistakes buyers make and
illustrates them in practice so you don’t fall into the same
traps.
Now revised and updated for today’s hot real estate market, this
invaluable resource covers everything from negotiating with sellers
and making the down payment to shopping for the best mortgage and
handling the closing. The new Fourth Edition also includes
totally up-to-date guidance on using the Internet to find
properties, secure financing, and collect important data. If you’re
thinking about buying a home in this overheated market, don’t make
these mistakes:
* Researching selling prices and still overpaying
* Believing everything your agent tells you
* Buying into an upscale neighborhood that’s moving
downscale
* Underestimating utilities and other costs
* Allowing your agent to negotiate for you
* Letting fear get the better of you and not buying at all
Written by one of the nation’s leading real estate experts and
packed with hundreds of valuable tips and suggestions, The 106
Common Mistakes Homebuyers Make, Fourth Edition will give you
the confidence–and the wisdom–to buy the right home at the right
price.
Innehållsförteckning
Preface to 4th Edition.
1. Profit from the Mistakes of Others.
2. Explore Possibilities, Set Priorities.
3. Home Ownership: How to Make It Your Best Investment.
4. How to Find a Good Buy.
5. Locate a Great Neighborhood.
6. Is This Home for You?
7. Negotiate Win-Win.
8. The Best Loan at the Lowest Cost.
9. Become a Satisfied Homeowner.
10. The Biggest Mistakes of All.
11. How to Afford the Home You Want.
12. Writing Your Offer.
Internet Appendix.
Om författaren
GARY W. ELDRED, Ph D, has been involved in hundreds of real estate transactions as a buyer, seller, and consultant during the past two decades. Nationally known for his Stop Renting Now seminars, Dr. Eldred currently serves as the Executive Director of the National Initiative for Home Ownership. He has also held faculty positions in real estate at Stanford University, the University of Illinois, and the University of Virginia. He is also the author of the Wiley titles Yes! You Can Own the Home You Want, 106 Mortgage Secrets All Homebuyers Must Learn–But Lenders Don’t Tell, and The Beginner’s Guide to Real Estate Investing, as well as coauthor of Investing in Real Estate.