Are You Buying Your First Home? Learn Important Tips in Buying a House.

How to Buy Your First Home, 2nd Edition by Diana Brodman Summers is the reference guide you need.

With record-low home prices and hot properties for sale in every neighborhood across the country, now is the time for buying your first home. Becoming a first-time home buyer can seem overwhelming, but How to Buy Your First Home explains all the steps to buying a home that you need to know.

How to Buy Your First Home gives you important tips in buying a house and answers all your most pressing questions, including:

• How much can I afford to spend on a house?
• How much can I afford to borrow for a mortgage?
• How do I find a mortgage company?
• Can I buy a house with bad credit?
• What are the steps to buying a new home?
• Where can I view property values for free?
• Where can I see a free listing of homes for sale?
• What are good questions to ask when buying a house?

You will also learn the advantages of buying your first home, like special tax breaks you may qualify for, as well as everything you need to know for your home search, from finding a mortgage loan that is right for you and how to hire a real estate agent, to handling appraisals and inspections, making an offer, and getting through closing.

"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

Am I ready to buy a house?

How to Buy Your First Home will help you determine if you are ready for buying your first home. It breaks down the advantages of buying a house, including saving money in taxes and building equity, as well as the negative aspects of home ownership, such as maintenance costs you don't have to pay when you're renting.

How much can I afford to spend?

How to Buy Your First Home shows you how to figure out exactly how much you can afford to pay in mortgage loans based on your individual financial situation. It also tackles the subject of buying a house with bad credit, giving expert advice on improving your credit score, and how to find mortgages you might be able to qualify for even with bad credit. The mortgage may be at a higher interest rate or may include extra expenses, but there is still a chance to buy a house with bad credit.

Best Mortgage Deals

With so many lenders offering such a variety of mortgage rates and loans, it's no wonder that first-time home buyers often feel overwhelmed and frustrated with the process. How to Buy Your First Home explains the types of mortgage loans in easy-to-read language that even those without a background in finance can understand.

For those who don't even know where to begin, this book teaches you about the different types of mortgages available to you including the:

• Adjustable Rate Mortgage
• Assumable Mortgage
• Balloon Mortgage
• Buy-Down Mortgage
• Convertible Adjustable Rate Mortgage
• Deferred Interest Mortgage
• Faith Financing
• Fixed-Rate Mortgage
• Subprime Mortgage
• Wraparound Mortgage
• Zero Down Mortgage

You will also learn how to:

• Work with mortgage companies
• Save for a down payment
• Find opportunities for government assistance grants for first-time home buyers
• Pick the type of mortgage that's right for you
• And much more!

What are the steps to buying a new home?

How to Buy Your First Home takes you step-by-step through the process of searching for a home, giving an insider's tips on how to pick out your neighborhood, decide what you want in a home, and find a property that has exactly what you need. This book eases all the confusion and stress of buying your first home.

First-Time Home Buyer's Guide

In addition to explaining all the steps to buying your first home, How to Buy Your First Home also contains essenital tools and resources that help ease the stress involved in buying a house. This book contains lists of useful websites that deal with every aspect of the home-buying process, and it also contains worksheets and home-buying checklists that every first-time home buyer needs. To learn important tips in buying a house, How to Buy Your First Home is the book you need.

"This publication is packed with great information and advice to advise the
reader of the intricacies of the home purchase process. National Association
of REALTORS stats tell us that the average home owner will change homes
every five to seven 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 Homer, Real Estate Broker, Texas

Where can I view real estate property listings?

How to Buy Your First Home takes you step-by-step through the process of searching for a home, giving an insider's tips on where you can view property values and real estate listings. It shows you how to pick your neighborhood, decide what you want in a home, and find a property that has exactly what you need.

How to Buy Your First Home will also help you determine the features in a home that are most important to you. Do you love to host dinner parties and cook gourmet meals? If so, maybe you want a house with a sprawling, state-of-the-art kitchen. Are you a hands-on, do-it-yourself type of a person? If that's the case, you may want a fixer-upper that you can renovate and remodel yourself.

This book will also reveal tips for first-time home buyers working with real estate agents and brokers.

Where can I find a checklist for home buying?

This reference guide contains worksheets and checklists for home buying that every first-time home buyer needs in order to be organized and prepared. You can use the new home checklists in the book to keep track of the features you want in your neighborhood and new home, the details of each house you look at during your new home search, and the different mortgage loans you qualify for.

For even more checklists for home buying, buy The Essential Home Buyer's Checklists. To relieve the burden of the home-buying process, this book uses easy-to-follow checklists that take you from thinking about buying a home to the closing table to move-in day, and everything in between. The Essential Home Buyer's Checklists details everything you need to understand about the home-buying process.

How to Buy Your First Home takes readers step-by-step through the home-buying process, clarifying the procedure and providing helpful tips along the way. It's the only resource first-time home buyers need!

"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., Newark, Delaware

To purchase, How to Buy Your First Home, for the low price of $14.95, click here.

If you want to get your book even faster and save even more money, you can purchase the eBook version in Adobe PDF format and receive immediate delivery for the low price of $12.95, by clicking here.

Great Tips for First-Time Home Buyers

This book offers the first-time home buyer a number of great tips and advice to help you throughout the home buying process.

Do you want to know how to improve your credit history before you apply for a mortgage?

Diana Brodman Summers suggests that you:

• Make all of your payments on time;
• Pay an extra $20 toward each charge card payment this month; and,
• Don't apply for any new charge accounts until after you've received a mortgage.

Do you want to learn more about the neighborhoods you are searching in?

You should read your local newspapers in order to be alerted to any public improvement plans in the area you are searching. You should also pick up flyers that appear in the entrance of many grocery stores. You'll see what homes are priced at in the areas you are trying to find a home in.

Can you really handle buying a fixer-upper?

Remember this rule of thumb when doing home repairs: It will take three times longer and cost three times more than what you originally estimated, so be prepared.

Once you've made an offer on your dream home and it's been accepted, what else do you need to do before closing?

The day before the closing, you should do a walk-through of your soon-to-be new house. This is to determine if there is any new damage since your offer and if all the items in the offer contract are still in the home. Ask your real estate agent to coordinate this for you.

To purchase, How to Buy Your First Home, for the low price of $14.95, click here.

If you want to get your book even faster and save even more money, you can purchase the eBook version in Adobe PDF format and receive immediate delivery for the low price of $12.95, by clicking here.

And, even better, if you purchase right now using coupon code "08SX4821", you'll save an additional 10% off of your order.

©2008, Sourcebooks

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