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|  | |  | | | The 106 Common Mistakes Homebuyers Make (and How to Avoid Them) | | | | | SKU:
ACAMP_book_usedlikenew_0471751235 | | In Stock | | Availability:
Usually ships in 1 business days | | | | | | Everything first-timers need to know to avoid the most common mistakes homebuyers makeWritten 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 a great investment for the future. 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 updated for today's hot real estate market, 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 Fourth Edition also includes totally up-to-date guidance on using the Internet to find properties, secure financing, and collect important data. If you're thinking about buying a home in this overheated market, don't make these mistakes: - Researching selling prices and still overpaying
- Believing everything your agent tells you
- Buying into an upscale neighborhood that's moving downscale
- 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 and packed with hundreds of valuable tips and suggestions, The 106 Common Mistakes Homebuyers Make, Fourth Edition will give you the confidence--and the wisdom--to buy the right home at the right price. | | | |
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| | Product Details | | Author: | Gary W. Eldred | | Paperback: | 320 pages | | Publisher: | Wiley | | Publication Date: | December 06, 2005 | | Language: | English | | ISBN: | 0471751235 | | Product Length: | 9.12 inches | | Product Width: | 6.04 inches | | Product Height: | 0.88 inches | | Product Weight: | 0.82 pounds | | Package Length: | 8.98 inches | | Package Width: | 5.98 inches | | Package Height: | 0.94 inches | | Package Weight: | 0.88 pounds | | Average Customer Rating: |  based on 52 reviews |
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| | Customer Reviews | Average Customer Review: ( 52 customer reviews )
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Most Helpful Customer Reviews
54 of 56 found the following review helpful:
 By far the best Oct 17, 2000
By jay nolan
Having spent several hours in B&N reading through the many different books on homebuying, we bought this one and Dummies. 106 Mistakes turned out to be the best by far. It gave us far more concrete examples concerning everything from mortgages to inspection to homeowner associations. In addition, it really helped us understand how to evaluate the appraisal as wellas the investment potential of the homes and neighborhoods we were considering. Eldred's experience and expertise seems to stand head and shoulders above the others. Plus, this book is the most entertaining to read. Don't look for a home without it.
53 of 55 found the following review helpful:
Worth its weight in platinum Jan 28, 2001
By Robby
Having read a pile of homebuying books, I would rate this one tops for six reasons:(1) The author clearly knows what he is talking about from experience--unlike too many authors who are primarily journalist or biased real estate agents.(2) It's easy and fun to read. (3) It gives dozens of ways to buy with little or even nothing down. (4) It reveals scams and tricks that real estate and mortgage "profesionals" use to fleece the unknowing. (5)The author knows real estate across the country--not just in California or other specific locales(i.e., too many HB books are written by writers who don't seem to know that Chicago or San Francisco aren't the areas where most people are buying). (6)Unbelivebly, the author lists his telephone number and email in the book so as to invite comments and questions. I queried and he called and talked 20 minutes to adress my concerns. And no, he didn't charge me or try to sell me any more books and tapes.
60 of 64 found the following review helpful:
The great equalizer plus fun to read Apr 22, 2000
By Phil Locke
Great book, fun to read. Really gives you the inside info to make sure your realtor, mortgage lender, and lawyer aren't taking you for a ride. I read four books on homebuying (Dummies, 100 Questions, Tips and Traps) and got more down-to-earth practical advice from 106 Mistakes than all the others combined. If you like real life examples instead of vague generalities, you'll find that this book delivers the advice you need. At least it did for us!
21 of 21 found the following review helpful:
False mortgage lock May 18, 2002
By Lonnie Smithkey
Last October(2001), we had locked in a rate at rock bottom (6.25%) for 30 days. Rates started to climb and our mortgage broker began dragging her feet. Almost each day, we got a new request for more documents, verifications, or explanations. But when we got almost ready to close on the 28th day, the broker told us the sellers (or we) would have to make a $117 plumbing repair before we could settle. Of course, that delay would cost us our lock and we would be forced to take a new rate of around 7.0%. Fortunately, because we had read this book, we strongly suspected what was really happening. We were about to become victims of a false rate lock. But we knew what to do. We raised holy heck. We threatened complaints with every regulatory agency that even remotely was concerned with mortgages. We got our 6.25%. But if we hadn't been warned ahead of time by 106 Mistakes, we would probably have just capitulated. We wouldn't have known any better. So, this book saved us big bucks.
22 of 23 found the following review helpful:
 Good examples, but not enough follow through Sep 29, 1999
I read this book in conjunction with "Home Buying for Dummies" and while it gave the better examples of what could go wrong - it did not give enough information on how to avoid and/or solve the errors.I really enjoyed reading the true life experiences other home buyers had. The book tells you what to look out for but it just did not give enough information on how to fix the problem. Maybe the next edition can expand more on the "fix it" portion.
See all 52 customer reviews on Amazon.com
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