Customer Reviews

Buying & Selling a Home, 6th Edition

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

 

 

I bought this book because we needed help selling our current home. I found many helpful suggestions but more importantly, it helped me to understand the process of buying another home even better so that we won't make the same mistakes we made when buying our first home. I understand the details of mortgages much better now and am shopping around for one that is best suited to our needs. For help with selling a home, I found Terry Eilers' How to Sell Your Home Fast and Mary Donnelly Pilgrim's It's Showtime to be most comprehensive.

We found a By Owner property we wanted so we needed help in representing ourselves instead of having a realtor do it. The book had good advice for general buyers but was lacking some advice in things to watch out for to avoid being taken advantage of by the sellers--and especially, it had very little on buying a "by owner" home. It had much more however on selling by owner. It was great book for the perspectives also of a first time buyer and had lots of tax information if thats what youre seeking. I would buy it again but its not suitable as an only for FSBO transactions.

We are trying to decide whether or not to buy or first home (since we may or may not move away in a year). This book took me through the process step by step, including tax benefits. I even took the information from the book, entered it into last years Turbo Tax file to see how this years return would have been different. I've heard so much about how a home is a tax shelter, but now I see the numbers of how and why. The explanation cleared the muddle of the different types of loans and many other things to think about.