100 Questions Every First-Time Home Buyer Should Ask : With Answers from Top Brokers from Around the Country
100 Questions Every First-Time Home Buyer Should Ask : With Answers from Top Brokers from Around the Country (100 Questions Every First-Time Home Buyer Should Ask) Ilyce R. Glink,
Publisher: Three Rivers Press
ISBN: 1400081971
Edition: Paperback; 2005-05-24
Summary:
Buying a home requires skill in a variety of areas. There's
negotiating, financing, inspecting a home, and understanding legal
contracts. It's really too much for most people to do by themselves,
which, as you know by now, is why most of us pay good money to hire
real estate agents, mortgage brokers, home inspectors, and other
professionals to help with the process. But that doesn't remove the
buyer from the role of project manager, whose job is to understand
what each specialist is meant to do and recognize when one of those
key players is not doing his or her job right. Books such as 100
Questions Every First-Time Home Buyer Should Ask help the novice gain
a solid understanding of the basics involved in this often complex
process. The questions in this second edition of author Ilyce R.
Glink's book also make buyers think about their decisions. If you
want to buy an older home, for example, do you understand that older
windows may need caulking or new sashes, that bathroom tiles may need
regrouting, and that an older home may need rewiring, a new hot water
heater, or a new furnace right away? Other questions range from the
routine (How much can I afford? How do I make an offer?) to some that
are hard to anticipate (What if the seller wants to stay in the house
after the closing? Who should attend the closing?). Chapters are
devoted to key topics, including figuring out what kind of house you
want (this effort starts with a "wish list" and improves with a
"reality check"), knowing what you can afford, putting together and
negotiating a deal, financing your home, closing on the deal, and
then doing what it takes to live happily ever after. Of course,
living happily ever after requires understanding when it's time to
move on to your next home, a process that may find you dusting off
this book in the coming years. --John Russell
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