53 of 54 people found the following review helpful
This review is from: Home Buying For Dummies (For Dummies (Lifestyles Paperback)) (Paperback)
I had purchased this book as well as The Idiots Guide for Buying a Home and was pretty impressed with Home Buying for Dummies. It was well organized, very readable and had very useful information that my parents wouldn't have told me. Some notworthy examples of how practical this book was include:
1. consider a tax free money market account to invest your down payment while you save depending on your tax bracket. Names of possible accounts were included.
2. Roth IRAs allow you to borrow against them tax free for the down payment as a first time home buyer.
3. What to consider for watching a housing market....
To name a few.
The Idiots Guide was an absolute waste of money. One of the reviewers here posted that Dummies was patronizing -- the Idiots guide was truely insulting. It actually seemed like a bad rippoff of the Dummies book, not to mention the font was twice as big and double spaced. I would have returned it if my spouse hadn't written in it. If you want it, look in the used books section...
I have to agree with another reviewer that some of the content is covered in other Dummies books like Personal Finances for Dummies -- but having the salient points repeated in the context of home buying was helpful. I dont have the other Dummies books mentioned so for me, the redundency between books was minimal.
Go with the Dummies book. Its an excellent intro to buying a home!