Side–stepping the pitfalls awaiting the first–time home buyer.
With interest rates low and housing affordable, now is an ideal time for would–be homeowners to make their moves. This easy–to–follow guide geared to first–time purchasers uses a self–contained format to present the home buyer′s most common mistakes, the lessons to be learned from those mistakes, and if feasible a preventive strategy. Also featured in this updated edition are current market data, facts on the newest loan programs, a question and answer review, and more.
GARY W. ELDRED (Gainesville, Florida) is director of the National Initiative for Home Ownership. A former realtor and real estate teacher, his numerous books include Yes! You Can Own The Home You Want (Wiley).
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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 steadily appreciates in value. Compiled from the experiences of hundreds of homebuyers, real estate agents, home builders, and mortgage lenders, it alerts you to the 106 common mistakes in home buying, illustrates them in practice, and shows how to prevent them from happening to you. 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. Discover how to save time, money, and frustration. 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, Second Edition" is the book to have for a smooth, successful, and emotionally rewarding homebuying experience.
GARY W. ELDRED, Ph.D., has been involved in hundreds of real estate transactions as a buyer, seller, and consultant during the past 20 years. Nationally known for his Stop Renting NowTM seminars, Dr. Eldred currently serves as the Executive Director of the National Initiative for Home Ownership. He has also held faculty positions in real estate at Stanford University, the University of Illinois, and the University of Virginia. He is the author of Yes! You Can Own the Home You Want and co-author of Investing in Real Estate, both published by Wiley.
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