Purchasing your first home is an important piece of the American Dream. However, the high down payments, credit worries, contradictory real estate information, and a confusing group of experts-all wanting part of the action -may take something that could be one of the greatest sensations of your life and instead turn it into a dreadful event! Now, very experienced real estate experts, Stephanie Knight and Robert Price teach you everything you need to know about purchasing your first take everything you need to know about purchasing your first home-or your fifth- with the Insider's Secrets that have helped thousands. Learn about narrowing your wants and needs in new home, finding the right Realtor®, finding and securing the correct mortgage lender, negotiating the best terms and pricing, home inspections and what to expect at the closing, how to set up your own team of experts who will be looking out for only you. Learn the keys to be successful in buying the property you want and Insider Secrets that will take you from just wanting a house to making that dream a reality!Purchasing a house is frightening enough as it is, but when you are surrounded by a bad economy, foreclosures and news stories of a credit crisis, many potential buyers give up the American Dream without even trying. But today's potential homebuyers have advantages that buyers a few years ago lacked:* There is a multitude of houses for sale,* Home prices have become more affordable in most places,* Mortgage lenders have money to lend and interest rates are at historically low rates.This step-by-step guide will show homebuyers how to take advantage of the current market conditions to buy a home that is both a refuge from the tough times and a worthwhile financial investment. Includes information on:* Buying vs. renting* First-time financing* Finding the right realtor* Choosing a neighborhood* Understanding legal, tax, insurance issues, contracts, inspections, HOAs, buyer's agents and seller's agents, choosing the right realtor, finding the best lender, and much more.From the most trusted name in real estate, here is the latest edition of the indispensable guide that helps first-time buyers land the home of their dreams.Stephanie Knight has established herself as a trusted real estate expert. In this new book, She offers pages of new and up to date material addressing all of the current trends home buyers need to stay on top of, including:? The new construction housing boom and how home buyers can make the most of it? Mortgage lending innovations, such as interest-only financing and the ability to finance 100 percent of the purchase price? The changing habits of first-time home buyers (purchasing without a broker, using discount Internet-based services, and buying first homes as investments)? The latest information on asbestos, mold, radon, and other bio-environmental hazards and new, inexpensive testing methods any home buyer can use.

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• Education & ReferenceEducation

• Text-to-Speech: Enabled
• Lending: Disabled
• Print Length: 165 Pages
• File Size: 1,418 KB