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Very interesting. If you are a first time buyer you might want to look over this book.
It was all for naught as I learned more listening to the people involved in the business and homeowners. Though had I gone with another realtor who was a friend I could've gotten the same deal on a bayside house. All in all, I ignored most realtor advice and got my house super low AND an excellent mortgage. Back when I was looking for a home I bought about four books to learn all about it. In no time at all I could guess the prices of homes across my state. D'oh. and in many cases in other states as well.
This book is in great shape and has a lot of useful information.
The breakdowns of real-estate language and the worksheets are nice touches, too. The real beauty of it, for me at least, is Ms. I bought this book about a year before I started looking for my first house (when I knew ABSOLUTELY nothing beyond the fact I wanted to buy) and I found this book to be an indespensible aid. Glink's ability to get you thinking about all the myriad issues involved in buying a home (including the biggie - do you even want to do it) in a constructive way with language that is easy to understand. I have recommended this book to everyone I know who utters that magic phrase, "I'd love to buy a house someday.". I love that she includes the emotional issues (that are so often overlooked) alongside the financial, legal and practical issues.
I just finished the book and it taught me so much about what to expect going into this major purchase. I never lost interest. I usually have a short attention span for manuals, but I read this cover to cover in a week. I am a 25 year old looking into buying a condo in Chicago. The author explains what you can reasonably assume a bank will loan you, different financing techniques and important emotional and financial issues you will have to resolve before choosing a home. If you're a renter and at the point where you're starting to think you want to buy, read this book for some great tips and advice so you don't fall into any "gotchas" ahead. Its easy to read and engaging.
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