Home ownership is a cornerstone of the American dream, but it's a complex process that, without the right guidance, can seem like a nightmare. This Missing Manual takes you through the process of buying a home, from start to finish. Along the way, you'll use the book's expert advice and fill-in forms to identify the house you want, figure out what kind of neighborhood you want to live in, determine what a target home is really worth, make an offer, and close the deal. Throughout the process, this book helps you:
- Realistically determine how much house you can afford
- Assemble a real estate team that's looking after your interests and not the seller's
- Understand the different ways to finance your house, and which is best for you
- Create an attractive offer with the best chance of acceptance
- Learn what lenders look for so you can get your mortgage approved
- Inspect your new home to uncover potential problems
- Prepare all the right paperwork for a smooth closing
The Missing Credits;About the Author;About the Creative Team;Acknowledgements;Introduction;Should You Rent or Buy?;About This Book;About the Outline;Part I: Preparing for Home Ownership;Chapter 1: The Benefits and Drawbacks of Home Ownership;1.1 The Pluses of Owning a Home;1.2 The Minuses of Owning a Home;Chapter 2: How Much Home Can You Afford?;2.1 How Much Can You Invest in a Home?;2.2 Get Prequalified or Preapproved;2.3 What Lenders Look For;2.4 Improve Your Chances of Getting a Loan;Part II: Finding Your Home;Chapter 3: Choose Your Style of Home and Neighborhood;3.1 Your LifestyleNow and Down the Road;3.2 Your Style of Home;3.3 The Condition of Your Home;3.4 Find Your Neighborhood;3.5 Create a Wish List;Chapter 4: Assemble Your Real Estate Team;4.1 Real Estate Agents;4.2 Your Mortgage Provider;4.3 Your Real Estate Attorney;4.4 Your Home Inspector;4.5 Other Real Estate Professionals;Chapter 5: Shop for Your Home;5.1 Select Homes tolƒe