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Book Summary
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.
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