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Mortgages for Dummies, 2nd Edition
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Updated with the very latest on every kind of loan, this friendly, easy-to-understand guide will help you shop for the best home-purchase mortgage, overcome loan qualification obstacles, negotiate lower loan fees and closing costs, save for refinancing the house, or increase retirement income with a reverse mortgage. You can also determine your borrowing power, find the best lender and options, and avoid fiscal pitfalls.
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Audible Audiobook
Listening Length: 3 hoursĀ andĀ 11 minutes
Program Type: Audiobook
Version: Abridged
Publisher: HarperAudio
Audible.com Release Date: December 26, 2006
Language: English, English
ASIN: B000M9BKH6
Amazon Best Sellers Rank:
I bought this book before I bought my first house. This book was recommended to me by a colleague of mine who bought her first home too. I must say this book helped me immensely in my decision buying process especially to check up on your credit score and go though all the origination fee and looking for a good realtor, all of them makes sense and when used correctly helps you in buying a great house without paying dearly for it.It helped me to focus as to what I absolutely need in a house and what I would like to have in a house. These factors helps you to choose the right house and not going overboard.To future homeowners, my suggestion is buy this book and read it cover to cover before you start the home buying process at least couple of months before you start the whole house buying process. That will help (no pun intended) to get your house in order with respect to your credit score, need and want, realtor, pre-loan approval and things like these. Pay money and get a good home inspector to inspect the house and don't go for the cheapest one. Trust me you will be better off. Go for a home inspector who is also a building engineer, they tend to have a more critical eye and helps you in getting the right house just understand that they are not exactly cheap.Hope you find your dream home.
I recommend this book for anyone who's thinking about buying their first home. Actually, these types of books should be mandatory readings in high school and college for what it's worth.I've read a few of these books and they're all pretty easy reads. B/c it's for "dummies", everything is explained in simple terms. I will say though that the mortage for dummies series, well the material is often repepitive so I don't think it's critical to buy a bunch of these books. But if there is one book to start off with, it's this one.The author goes into budgeting, what to look for in a good realtor, how the entire home buying process works, who's on your team and what their job is (realtor, escrow officer, loan officer etc), what a good inspection report should look like etc etc.Like all "dummies" books, there are distinct icons representing things to look out for when reading. Overall, it's an easy read and very informative.
I don't think this is the very latest edition, but even so, I learned so much in hindsight. I feel confident going forward that my next home purchase will be smarter. I've sent copies to my adult children, so that they can make informed purchases on their first home. It's easy to read and understand, has a lot of detail and useful information. I highly recommend this book.
I am currently buying a new house and this book helped me tremendously. It explains every little detail in the process of buying a property. Very helpful tips I will use. I learned so much in just the few first pages, it really is amazing.
This book was an easy read and I felt very informative. I read this book and followed the suggestions. the author helped me know the process of buying a home. The realtor was impressed at my checklist and how I checked out the homes. My husband also was impressed at my knowledge in the process of buying a home. I really would suggest reading this book before you start looking at homes. I know it was worth the money for me and I feel like it really gave me a step up and peace of mind.
Buying it used saved me money and gave me cheap info I can always look at thanks
Love all of Tyson's books. Thorough and entertaining. There's a lot of info in his books, so pick another author if you don't want to wade through.
This book was wonderful to read even though it is geared toward the person buying a mortgage, and I am a loan officer, that sells the mortgage. It had numerous terms spelled out so they could be easily understood. It marked off warning signs of things to stay away from. I feel this book will be in my desk for use constantly.
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