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Product Description
Everything the first-time buyer needs to know to avoid the 106 most common mistakes in purchasing a home or condo…
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.
Download Description
A new edition of the successful guide to common real estate mistakes Skyrocketing home prices. Persistent talk of housing bubbles. Multiple bid offers. Hidden defects. Creative financing ploys. Today's homebuyers face unprecedented risks as they seek their cherished goal of homeownership. In response to these and many other current home buying challenges, bestselling author and real estate expert, Gary Eldred has updated his ever-popular guide. This unique book draws its contents from the experiences of hundreds of actual homebuyers, investors, and real estate agents. In addition to the common pitfalls, this new Fourth Edition focuses on the skills necessary to avoid mistakes in hot markets such as overbidding, buying more house than one can afford, and the failure to understand the risks involved in the many new, easy-finance programs. Eldred also shows readers how to improve their odds of a successful purchase by intelligent use of the Internet to collect property data, pricing information, and neighborhood pros and cons. A highly profitable read for both new and experienced homebuyers.
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