The 106 Common Mistakes Homebuyers Make (& How to Avoid Them)

Book Description
Everything the first-time buyer needs to know to avoid the 106 most common mistakes in purchasing a home or condo… Written especially for first-timers, this eye-opening guide turns you into an educated consumer, ensuring that the home or condo you buy is both a comfortable place to live and an investment that appreciates in value. Compiled from the experience of hundreds of homebuyers, real estate agents, home builders, and mortgage lenders, it shows you the most common mistakes buyers make and illustrates them in practice so you don’t fall into the same traps. Now revised and expanded, this invaluable resource covers everything from negotiating with sellers and making the down payment to shopping for the best mortgage and handling the closing. The new Third Edition also includes two totally new chapters that offer advice on writing a purchase contract and using the Internet to find a home. Discover how to save time, money, and frustration by avoiding: Mistake No. 35: We looked at selling prices but still overpaid. Mistake No. 39: My agent told me this was a good school district. Mistake No. 41: We bought into an upscale development that’s moving downscale. Mistake No. 65: We should have looked at the utility bills. Mistake No. 82: We let our agent negotiate for us. Mistake No. 105: We didn’t buy. We were afraid of making a mistake. Written by one of the nation’s leading real estate experts and packed with hundreds of valuable tips and suggestions, The 106 Common Mistakes Homebuyers Make, Third Edition will give you the confidence–and the wisdom–to buy the right home at the right price.


Book Info
Eye-opening guide turns you into an educated consumer, ensuring that the home or condo you buy is both a comfortable place to live and an investment that appreciates in value. Covers everything from negotiating with sellers and making the down payment to shopping for the best mortgage and handling the closing. Softcover.


The publisher, John Wiley & Sons
Based upon scores of interviews with real estate agents, home builders, mortgage lenders and recent homebuyers, this user-friendly book guarantees a smooth and successful home purchasing experience by demonstrating the mistakes made by others. Each mistake is self-contained and includes a lesson, illustration and, when appropriate, a preventative technique.


From the Back Cover
Everything the first-time buyer needs to know to avoid the 106 most common mistakes in purchasing a home or condo… Written especially for first-timers, this eye-opening guide turns you into an educated consumer, ensuring that the home or condo you buy is both a comfortable place to live and an investment that appreciates in value. Compiled from the experience of hundreds of homebuyers, real estate agents, home builders, and mortgage lenders, it shows you the most common mistakes buyers make and illustrates them in practice so you don’t fall into the same traps. Now revised and expanded, this invaluable resource covers everything from negotiating with sellers and making the down payment to shopping for the best mortgage and handling the closing. The new Third Edition also includes two totally new chapters that offer advice on writing a purchase contract and using the Internet to find a home. Discover how to save time, money, and frustration by avoiding: Mistake No. 35: We looked at selling prices but still overpaid. Mistake No. 39: My agent told me this was a good school district. Mistake No. 41: We bought into an upscale development that’s moving downscale. Mistake No. 65: We should have looked at the utility bills. Mistake No. 82: We let our agent negotiate for us. Mistake No. 105: We didn’t buy. We were afraid of making a mistake. Written by one of the nation’s leading real estate experts and packed with hundreds of valuable tips and suggestions, The 106 Common Mistakes Homebuyers Make, Third Edition will give you the confidence–and the wisdom–to buy the right home at the right price.


About the Author
GARY W. ELDRED, Ph.D., 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 the author of Yes! You Can Own the Home You Want and the coauthor of Investing in Real Estate, both published by Wiley.


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Introduces first-time home buyers to the process of surveying neighborhoods, assessing the value of houses, shopping for mortgages, choosing the appropriate house, and negotiating sales price and terms. The third edition adds two chapters on preparing to qualify for a loan and writing a purchase offer. Annotation c. Book News, Inc., Portland, OR (booknews.com)2900324179407 Designed for a one-semester, introductory level, economics survey course, this textbook presents the basics of microeconomic and macroeconomic theory, and describes their application to real-world examples. Chapters cover scarcity and choice, market transactions, supply and demand, production and production costs, competition and monopoly, imperfect competition, government and markets, labor markets, the United States' mixed economy, the gross domestic product and economic growth, unemployment and inflation, macroeconomic instability, fiscal policy and the federal budget, money and banking, the federal reserve and monetary policy, the global economy, and international finance. Carbaugh teaches economics at Central Washington University. Annotation c. Book News, Inc., Portland, OR (booknews.com)


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