Want to buy a house, but concerned about the market? Have nofear -- this trusted guide arms you with Eric Tyson and RayBrown's time-tested advice and updated strategies for buying a homein current market conditions. You'll discover how to find the rightproperty, make smart financial decisions, and understand the latestlending requirements and tax implications.New to this edition -- new and expanded coverage to helphomebuyers take advantage of low home prices, understand thesubprime mortgage crisis, obtain a mortgage, and improve creditscores
To buy or not to buy? -- weigh the advantages of owningversus renting, get your finances in order, and know how much houseyou can safely afford
Handle financing -- understand your credit rating, navigatethe different types of mortgages, and complete all paperwork
Play the real estate game -- find the right location andproperty, assemble an all-star real estate team, and make the mostof the Internet's real estate resources
Let's make a deal -- negotiate with finesse, makesuccessful offers, inspect and protect your new home, and cover allyour bases in escrow
"Invaluable information, especially for the first-time homebuyer."--"Fort Worth Star-Telegram"
"A reference you'll turn to time after time."--"St. Petersburg Times"
Open the book and find: Reasons why home prices rise and fall
Hands-on instruction for buying a home in up or down markets
How to pay the price you want
The best mortgage options
A sample home-buying contract
Pros and cons of comparable market analysis
Tips for overcoming mortgage and appraisal problems
How to cope with buyer's remorse
The best real estate Web sites