Get the Best Mortgage Deals and Find Grants for First Time Home Buyers with How to Buy Your First Home, 2nd Edition

“If you are ready to buy your first home or condo, reading How to Buy Your First Home, Second Edition, by attorney Diana Brodman Summers is a good place to start. … On my scale of 1 to 10, this very practical home-buying book rates a 10.”
—Bob Bruss, syndicated real estate columnist

 

I Want to Buy a New House … How Much Can I Afford?

With the mortgage meltdown and foreclosure crisis in full swing, first-time home buyers need to be smart about picking a mortgage.

When you're buying your first home, you need to know how much you can afford to borrow, how much you should save for a down payment, how much your monthly payments will be, what types of loans you qualify for, and which loan is right for you. It’s a confusing, stressful process—no wonder first-time home buyers feel so frustrated trying to find a mortgage!

How to Buy Your First Home, 2nd Edition by Diana Brodman Summers explains everything you need to know about picking a mortgage and finding financing for your new home. This book—which was written by an attorney with years of experience buying and selling homes—is filled with advice that will help you pick an affordable mortgage and a loan that’s best for your situation.

This book gives a concise overlook at the home purchase process, in an in-depth manner. Buy Your First Home is a comprehensive book focused on the subject of purchasing a home. Written by an attorney from Chicago, Diana Brodman Summers, this publication is packed with great information and advice to advise the reader on the intricacies of the home purchase process. National Association of REALTOR(R) stats tell us that the average home owner will change homes every 5-7 years. Most buyers will need a primer when exchanging properties that infrequently. This book can be saved in one's library as a refresher course whenever needed. It can serve as an information resource to assist a buyer in the process, regardless if it is their first purchase or their fifth.
—Steve’s Blog (ActiveRain Real Estate Network)

Buy How to Buy Your First Home, 2nd Edition right now for only $14.95!

To save money and receive immediate delivery, buy the eBook in Adobe PDF format for just $12.95.

What Price House Can I Afford and How Much Can I Borrow for a Mortgage?

How to Buy Your First Home, 2nd Edition explains how to evaluate your finances and determine exactly how much you can afford for a mortgage. You’ll learn how to calculate your debt-to-income ratio and use that number to figure out how much money to borrow.

This essential reference for first-time home buyers also shows how to take your lifestyle and cost of living into account to make sure you choose the best loan option. For a quick overview of factors you should consider when deciding how much to borrow, check out “How Much Can You Afford for a Mortgage?”

"Each section includes several chapters written in easy to understand language. Scattered throughout the text are “Attorney Tip” boxes and “Click On This” sidebars with URLs for pertinent web sites—both of which should be helpful to first time home buyers.

The Glossary is extensive and very well done, almost worth the cost of the book on its own."
—The Phoenix Real Estate Guy

How Can I Find the Lowest Mortgage Rates and Best Mortgage Deals?

With such a huge variety of different types of mortgages available, it may seem impossible to decide which loan is best when you're buying your first home. Should you get a thirty-year or a fifteen-year loan? Should you pay discount points to lower your interest rate? There are a lot of tough choices to make.

Chicago area lawyer and real estate expert Diana Brodman Summers pitches in to help the first-time home buyer with her How to Buy Your First Home, and much of the information is timeless.
—David M. Kinchen, Huntington News

For more information on home loans, buy The Mortgage Answer Book.

If you're not sure where to begin when you're buying your first home, How to Buy Your First Home, 2nd Edition teaches you about all the different types of mortgages available to you, including:

• Adjustable rate mortgages
• Assumable mortgages
• Balloon mortgages
• Buy-down mortgage
• Convertible adjustable rate mortgages
• Deferred interest mortgages
• Faith financing
• Fixed-rate mortgages
• Subprime mortgages
• Wraparound mortgages
• Zero down mortgages

This book will ease the stress involved with finding a lender and picking a mortgage. For now, you can read “When to Get a Fixed Mortgage” to learn when you should choose a fixed-rate mortgage over an adjustable rate loan.

How Can I Calculate Mortgage Payments?

With How to Buy Your First Home, 2nd Edition, you’ll learn valuable tips for how to calculate your monthly payments and figure out exactly how much you’ll be paying. Between interest, taxes, and insurance, the total amount can sometimes be surprising. First-time home buyers find mortgage rate calculators to be extremely helpful when they’re trying to calculate a mortgage. This book contains lists of helpful websites where you can find mortgage payment tables, mortgage calculators, and mortgage amortization tables. Using a mortgage payment calculator makes it easy to compare different terms and rates so you can find the best mortgage deals available. Learn even more tips with “The Ultimate Checklist for Your Finance Shopping.”

Where Can I Find Grants for First Time Home Buyers and Government Grants for Home Buyers?

Saving enough money for a down payment can be difficult, but there are grants for first-time home buyers. How to Buy Your First Home, 2nd Edition reveals how to find first-time home buyer grants. This book shows you how to find opportunities with the federal government and your local government for down payment assistance, and it points out websites you can visit to find more information about government grants for home buyers.

“My roommate works at the library and brought me home a dozen different books on how to go about buying your first home and what you need to know (including the Dummies/Idiots books, which I normally love). After taking a look at this one, I sent all the others back and ordered it from Amazon.com because it is by far the easiest, most comprehensive, and overall helpful guide for a first-time home buyer.”
—Amy M. from Newark, Delaware

 

Buy How to Buy Your First Home, 2nd Edition right now for only $14.95!

To save money and receive immediate delivery, buy the eBook in Adobe PDF format for just $12.95.

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