The 106 Common Mistakes Homebuyers Make (and How to Avoid Them) - Tapa blanda

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GARY W. ELDRED, PhD, has been involved in hundreds of real estate transactions as a buyer, seller, and consultant during the past two decades. Nationally known for his Stop Renting Now 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 also the author of the Wiley titles Yes! You Can Own the Home You Want, 106 Mortgage Secrets All Homebuyers Must Learn―But Lenders Don't Tell, and The Beginner's Guide to Real Estate Investing, as well as coauthor of Investing in Real Estate.

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Everything first-timers need to know to avoid the most commonmistakes homebuyers make

Written especially for first-timers, this eye-opening guideturns you into an educated consumer, ensuring that the home orcondo you buy is both a comfortable place to live and a greatinvestment for the future. Compiled from the experience of hundredsof homebuyers, real estate agents, home builders, and mortgagelenders, it shows you the most common mistakes buyers make andillustrates them in practice so you don't fall into the sametraps.

Now revised and updated for today's hot real estate market, thisinvaluable resource covers everything from negotiating with sellersand making the down payment to shopping for the best mortgage andhandling the closing. The new Fourth Edition also includestotally up-to-date guidance on using the Internet to findproperties, secure financing, and collect important data. If you'rethinking about buying a home in this overheated market, don't makethese mistakes:

• Researching selling prices and still overpaying
• Believing everything your agent tells you
• Buying into an upscale neighborhood that's movingdownscale
• Underestimating utilities and other costs
• Allowing your agent to negotiate for you
• Letting fear get the better of you and not buying at all

Written by one of the nation's leading real estate experts andpacked with hundreds of valuable tips and suggestions, The 106Common Mistakes Homebuyers Make, Fourth Edition will give youthe confidence—and the wisdom—to buy the right home atthe right price.