Product Description
Essential information for avoiding the pitfalls of housebuying
Low interest rates and affordable housing are sending homebuyers scrambling to find that perfect house. However, numerous traps lie in wait for them that they may not even notice until after the contract is signed. Real estate expert Gary Eldred updates his successful guide, offering readers the nuts–and–bolts of the homebuying process and alerting them to the 106 common mistakes people make during it. Eldred also provides new information on writing a purchase contract and the ins and outs of homebuying Web surfing. On a scale of one to ten, syndicated columnist Robert Bruss rates this book a "10".
From the Back Cover
Everything the first–time buyer needs to know to avoid the 106 most common mistakes in purchasing a home or condo…
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 an investment that appreciates in value. 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 expanded, 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 Third Edition also includes two totally new chapters that offer advice on writing a purchase contract and using the Internet to find a home. Discover how to save time, money, and frustration by avoiding:
Mistake No. 35: We looked at selling prices but still overpaid.
Mistake No. 39: My agent told me this was a good school district.
Mistake No. 41: We bought into an upscale development that’s moving downscale.
Mistake No. 65: We should have looked at the utility bills.
Mistake No. 82: We let our agent negotiate for us.
Mistake No. 105: We didn’t buy. We were afraid of making a mistake.
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, Third Edition will give you the confidence–and the wisdom–to buy the right home at the right price.
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