Buying a home for the first time is a thrill for almost everyone. There are no single method that guarantees you will become successful first time home buyer and avoid typical first time home buyer mistakes - not calculating the budget properly, not listening home inspector advises, ignoring housing market trends, not considering future resale value of your new home, blindly trusting your real estate agent’s advice, blindly following verbal agreements, assuming foreclosures are always great deals, underestimating the cost of owning home and so on. Your perspective on buying a home for the first time could drastically change after buying essential and highly informative recommended books for the first time home buyer. You could learn the techniques used by real estate agents, mortgage lenders and brokers, home sellers and buyers, and apply them toward purchasing the perfect home at the right price for the right price. With this in mind let's take on the top recommended books for first time home buyer.
Home Buying Kit For Dummies
If you plan to buy a house soon, you want make sure that you don’t make an expensive mistake. This book is a typical "For Dummies" series books which is intended to present non-intimidating guides for people readers new to the real estate topic. It doesn't give you too much impracticable knowledge, but it also does not drill down to the real estate topic. I truly believe that if you buy a few more books about home buying, this book will be the one you will keep going back to. The book contains logical well laid out 17 chapters starting from “Deciding Whether to Buy” chapter to “Ten Things to Consider When Selling Your Home” chapter. Much of the book describes the home buying process in detail but also covers other topics. For example, books help you to figure out what you spend as a renter versus what you think you'll spend as a homeowner and in this way explains how much of a house you can afford. This book is a necessary tool for those who plan to buy homes soon and for current homeowners who want to keep up with always changing real estate market.
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Nolo's Essential Guide to Buying Your First Home
The home purchase process is complex, but this book is easy to read guide organized in a very straightforward way and is written in a clear, clean style with a helpful accompanying CD-ROM. In addition to the valuable information about discovering, inspecting and buying home for first time home buyers, the books explains how to select the best realtor, mortgage broker and home inspector. It comes with checklists, a few sample forms and audio interviews from real estate experts on a CD-ROM. The book also includes a helpful glossary so you know what you're signing it comes time to actually look over your own home. It covers common terms in real estate so you comprehend what real estate agents are talking about as well as the simple items that you may take for granted but needs reinforcing from time to time. I highly recommend Nolo's Essential Guide to Buying Your First Home as a great step by step guide through the home buying process and help you make all the right decisions.
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Practical Guide to Home Inspection: What you need to know before you buy a home
Jeffrey Charloff is obviously an expert in the home inspection field and specializes in the inspections of residential homes and commercial buildings. He wrote easy to read book, which will help the home buyer to understand what the inspector should look for while examining a house for purchase. The book covers house location, plumbing, electrical, roofing, heating, security, foundation, and structural problems commonly found during examination of the premise. After reading the book, you definitely will get a good feel of what you and the home inspector should look for while inspecting a home, but keep in mind that home inspection should be used with discretion. You could kill a deal, if you start negotiating too much with the results of home inspection. In the same time home inspectors are not the ultimate solution, they usually get their referrals from real estate agents, and will usually not tell you the worst of what can happen because real estate agents stop recommending them, so buy Practical Guide to Home Inspection book and use it as invaluable resource for both professionals and novices alike.
More book reviews at Amazon: Practical Guide to Home Inspection: What you need to know before you buy a home
If you are looking to learn more about buying your first home, start off with some of the top recommended books for home buyer above and learn as much as you can. Be frugal and save money and time by buying and reading these real estate books. Buying and owning a home is one of the most tough decisions one will ever have to make. Everyone wants to be sure that before you make the biggest purchase of your life, you know what are you buying.