Customer Rating: Summary: nolos essential guide to buying your first home Comment: This is a very good basic book for first time home buyers. The bonus here is many wonderful web sites to assist your search. I would recommend this book favorably. Customer Rating: Summary: Quirky and useful, but needs to be supplemented Comment: I am just starting to research what's involved in purchasing a first home. I found this book to be very helpful in providing a landscape of what is involved, but you should supplement it with more specific books, particularly around mortgages.
The book starts out by having you evaluate what you want in a home, and prioritizing the features. It tells you how to research neighborhoods, ok this is pretty city-centric but they are trying to reach a wide audience. It explains the various professionals involved in each stage of the process, provides forms for interviewing them, and explains what they should provide. It continues to walk you through the inspections, negotiations and closings.
The book is easy to read, but let's face it, the purchase process is complex, and I found myself re-reading some sections discussing the many forms and insurance options. There are some quirky sidebars that are of questionable value (songs about houses, a cookie recipe) but they do add some levity.
Where the book fell a little short was the mortgage discussion. The first book I read "Mortgage Ripoffs and Money Savers: An Industry Insider Explains How to Save Thousands on Your Mortgage or Re-Finance" covers this in great detail, and I highly recommend it as supplemental reading. It will explain in detail the junk fees that are mentioned in this book.
The forms included in the book have varying degrees of usefulness, but the interview and inspection forms are gold. A number of websites are listed throughout the book, and will save you from having to Google for the information.
Overall I'm happy with this book, and plan to reference it throughout the purchase process.
Customer Rating: Summary: Spend the time and money Comment: If you are going to spend hundreds of thousands of dollars on a house, you need to invest the time and money into this book. It has everything you need to know and it is very easy to read and understand. Even if you are not sure your ready yet, this book will help. Customer Rating: Summary: essential guide Comment: while some of the stuff is basic info, there's some really excellent advice and info that even a mortgage banker i spoke with didn't know about. definitely worth it Customer Rating: Summary: Worth Its Weight in Gold! Comment: I started looking at buying my first house many months ago and realized that the conflicting and often spotty advise I would get from friends and family wasn't enough. I needed a book to guide me and fill in the gaps (of which there were many).
I figured a "Home Buying for Dummies" type book was what I needed, but I didn't stop there and thumbed through almost a dozen home buying books at the local store before finding this gem by Nolo.
This was the ONLY book that guides you through the process, taking logical, simple steps while interjecting real-world experiences from different people.
It's written in a manner that appeals to just about everyone, explaining how to find a good agent (or save yourself on closing costs by using an online broker), what you should REALLY look for when finding the house that's right for you, all the way through closing, and even what's involved afterwards!
Buying a home can be stressful and overwhelming, but this book really made things quite easy. I can't think of a single home buying related subject that it doesn't cover. If you are buying your first house, this book is HIGHLY RECOMMENDED!
Insider tips and advice to help you get the right place at the right price!
If you're ready to say goodbye to landlords and laundromats, Nolo's Essential Guide to Buying Your First Home will help you find the right place to invest in -- and have fun doing it.
Filled with interesting facts and real-life stories, this book provides everything you need to select the right house, the right mortgage, the right agent, the right inspections -- and much more. Get the inside scoop on:
deciding between a house, condo, co-op or townhouse
exploring the market for the best value
lining up financing
getting inspections and insurance
negotiating with sellers or new home builders
successfully closing the deal
Read the real-life stories of over 20 first-time homebuyers, as well as the insights from a team of 13 real estate professionals, including:
brokers
attorneys who specialize in real estate
a home inspector
a neighborhood researcher
a mortgage specialist
and more PLUS: You'll get the The Homebuyer's Toolkit, a CD-ROM that includes dozens of forms and MP3s which will help you find the right place, crunch the numbers, interview real estate professionals, borrow down payment money from your parents -- and more.
