Buying a home is, in the authors' words, both a romantic journey and a business venture. For most families, it's the largest single investment they will ever make. The purpose of this book is to transform home buyers--especially first-time buyers--into smart consumers who can evaluate a property objectively as step number one in deciding whether or not to buy. The authors take their readers by the hand through the maze of mortgage shopping, dealing with real estate agents, and hunting down that perfect dream house. Some of the many questions they help prospective buyers answer are: Consideration of family needs: how many rooms, what kind of neighborhood, access to schools, shopping, and the like Is the home affordable? Considerations include the size of the down payment, the size and type of mortgage, projecting monthly payments, and allowing for unforeseen expenses Making an offer and negotiating with sellers and real estate agents The close, settlement,
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Jack C. Harris is a research economist who has also written and co-authored several books on real estate.
(back cover)
Buying a home is--in the author's words--"both a romantic journey and a business venture, and is likely to be the largest single investment you will ever make. This book takes you by the hand through the maze of mortgage shopping, dealing with real estate agents, and hunting down that perfect dream house. Some of the many details the authors help you deal with includeâ Â
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