Product Description
Good news for those who think they cannot scrape together a down payment and get approved for a mortgage
This latest book from million-selling real estate author Bob Irwin brings a ray a hope to the millions who dream of owning their own homes but who either aren't sure they can afford one or lack the "official" financial qualifications for a mortgage. Pitched exclusively to the needs of this market, How to Buy a Home When You Can't Afford It is a treasure trove of innovative tactics, tips, strategies, and methods for finding financing and closing on a home. Irwin shows readers how to determine how much they're really worth, how to uncover hidden assets they never new they had, and how virtually anyone can improve his or her credit rating in just six months. He then cuts right to the chase with dozens of proven options, including:
- First-time home owner benefits
- Creative ways to cover closing costs
- Bargaining down sellers
- Obtaining "sweat equity" government homes
From the Back Cover
If you are thinking about buying your first home in today's real estate market, it's easy to feel discouraged. It may seem as if you needed to save up for your down payment since kindergarten and never pay a bill late in your life. Nothing could be further from the truth! Best-selling real estate author Robert Irwin can show you how to make your dream of home ownership a reality regardless of your financial situation. Loaded with information and advice about everything from low down payment and no down payment mortgages to finding the right agent, Robert Irwin leads you down the path to home ownership one step at a time.
-Cash poor? How about coming up with as little as 10, 5, or 0 percent down!
-High prices? Discover how persistence, patience, and a little hard work can really pay off!
-Worried about big monthly mortgage payments? Between adjustable rate mortgages (ARMs) and huge tax breaks, a mortgage is a lot more affordable than you think.
-Credit concerns? Irwin gives you the inside scoop on credit scores and what you can do to improve yours.
-Where and what to buy? Learn how to identify the best neighborhood for your money and compare different housing options.
-Looking for new construction? Find out how you can save up to 30 percent if you build it yourself!
Irwin doesn't stop there, How to Buy a Home When You Can't Afford It is packed with advice about affordable government housing programs, tips on cutting closing costs, how to evaluate fixer-uppers, and so much more. So stop making excuses and start making your dream a reality today!
