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| | Location: Home » Loans » General » Home Buying For Dummies, 3rd edition | August 28, 2008 |
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| Home Buying For Dummies, 3rd edition | 
enlarge | Authors: Eric Tyson, Ray Brown Publisher: Wiley Category: Book
List Price: $21.99 Buy New: $6.49 You Save: $15.50 (70%)
Buy New/Used from $6.33
Avg. Customer Rating:   (94 reviews) Sales Rank: 7539
Languages: English (Original Language), English (Unknown), English (Published) Media: Paperback Edition: 3 Number Of Items: 1 Pages: 408 Shipping Weight (lbs): 1.3 Dimensions (in): 8.9 x 7.4 x 1.1
ISBN: 0471768472 Dewey Decimal Number: 643.120973 EAN: 9780471768470 ASIN: 0471768472
Publication Date: February 6, 2006 Availability: Usually ships in 1-2 business days
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| Customer Reviews:
  Read this before you go to your first open house! January 30, 2008 2 out of 2 found this review helpful
A friend recommended this because she read the first chapter and decided she had no business buying a house. Yes, it's that good. We have used it to help us select a lender and a Realtor, and it also helps by suggesting some decisions that should be made before you select those people. It is so much clearer now what escrow is. And why it matters who your home inspector is. Bottom line, when you go shopping for the home of your dreams, it's best to be concentrating on the house, not wondering about all those terms the Realtor just threw at you. Read this first and the home-buying process is much clearer. If your realty agent confuses you, you know enough to ask them to clarify things. And if it still isn't clear, you'll know enough to find another realty agent. Read this book! Buying a house is stressful enough without it.
  Needed reading for buying a first home January 20, 2008 It was nice being able to understand what the real state agent and the loan officer talked about. I could ask questions that before I was unable to do. Great easy to understand reading.
  Mostly basic, with some good advice and some bad. January 16, 2008 One main problem with the book is there is a sense you should trust the realtor. I disagree with this 100%. You should never, never trust a realtor. Good luck finding a "great realtor" let alone an honest one. Be careful with what you tell a realtor. Even the one you believe is working for you as a buyer. Do your own comps, because it is easy, and pay that or less. Very simple.
  "How to Take Title" and "Adding Value" Sections are GEMS January 4, 2008 5 out of 5 found this review helpful
This is a thorough book that covers many of the finer points that I didn't think it might.
The section entitled "How You Take Title is Vital" was very useful to me because I had always thought that that title through "joint tenancy' was the safest and most useful way for my wife and I to take title. However, I learned that "community property" is a much more advantages way to do it, as it will safe the surviving spouse thousands of dollars in taxes.
I also liked the seldom covered consideration mentioned in the "Seek Hidden Opportunities to Add Value." As a real estate investor and landlord, I've always believed that a house should be more than a home, it should be a source of wealth.
The book wisely mentions looking for a property where you have the option to build a rental unit on your property. That would be a great first step in turning a liability (a 30-year mortgage) into an financial assest (something that generates more income).
Unfortunately, most first time buyers settle for much less in a house than they could get.
  Excellent Suggestions January 4, 2008 1 out of 1 found this review helpful
This book tells the buyer what to expect at each stage of the home buying process. It explains it in a way that makes it easy to understand. I highly recommend buying this book if you are about to start looking for a home.
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