Customer Reviews

How to Buy a Home When You Can't Afford It

5 star:		(3)
4 star:		(1)
3 star:		(0)
2 star:		(1)
1 star:		(1)

 

 

This book is a godsend to anyone who feels there is no way they will ever be able to afford a house. In the last few years many things have changed in the home mortgage market and this book walks you through how to buy a house with 0% down, how to avoid PMI insurance with a 80/20 Loan , not to mention where to look for bargains, how to low-ball etc.

This book is worth every penny. It is well-written, researched and up to date. If you would like to buy a home and are waiting to save up for a downpayment order this book today. You won't be sorry!

#1 of year's 10 top real estate books. This survey book explains virtually all the home-purchase alternatives, such as different types of houses and condos, as well as low-cost finance alternatives. Aimed at first-time buyers, this well-designed book explains home-buying techniques that less-than-perfect buyers should consider.

This is a practical book for home buyers. However, it does not contain a wide-spectrum of information one'd expect. For example, information about town-house and condo are superficial. And there are other sections I'd expect the author to go a little bit more in detail. Even with all these concerns, this book and author should get credit where credit is due. It gives good guidelines and portrays a clear system of how to determine a good house buy.

I found this book to lack usefulness, more of a "cheerleader" for "Yay you CAN buy a house" rather than a useful tool to help you do so.

There is only one wise way to buy a home: afford it. We're talking 20% down (forget this 80/20 nonsense), with a fifteen-year (maaaaybe thirty-year) fixed-rate mortgage. Anyone who tells you anything otherwise is leading you to financial turbulence--or is trying to sell you something (as in a subprime mortgage, or a crummy book).

Robert Irwin really gives the beginner home investor a great perspective in purchasing real estate. Very clear, easy to understand book. I really like how Irwin breaks down the method of the whole purchase of a house (there is alot more to buying a house than people think) and in this book he gives you a very clear understanding of how that is done. I encourage the beginner who wants to gain some knowledge in real estate to read this book, you will NOt under any circumstance feel as if you are wasting your time reading this at all. I gurantee you will be satisfied, and morover you will defintely learn numerous things from Irwins writings. So start learning real estate and how things work as well as "Do's and Don'ts" when buying your dream home.