Buy Your First Home!

Front Cover
Kaplan Publishing, Mar 27, 2005 - Business & Economics - 200 pages
1 Review
Should I buy a house, condominium, or co-op? How do I find the best mortgage and financing options? How can I read between the lines of the seller’s disclosures? How do I find a fixer-upper?

With more than 50,000 copies in print, Robert Irwin’s classic guide, Buy Your First Home!, continues to answer these and hundreds of other questions for first-time homebuyers. In this crisp, updated third edition, Irwin presents all-new information about the homebuying process, financing options, budgeting, and taxes-plus reorganized chapters that give first-timers the facts they need to make key decisions.

Speaking with a voice of experience and authority, Irwin shares more stories of some of his own mistakes and successes, while offering take-to-the-bank insights, easy-to-use checklists, and comprehensive how-to advice for first-time buyers. He discusses everything a first-time buyer needs to know, from the initial rent versus buy decision, to credit, mortgages, inspections, real estate documents and what they mean, all the way through to the move. Then, when it’s all done, the paperwork signed, the large checks turned over, Irwin also helps first-time homeowners deal with the nearly common feeling of ""buyer’s remorse"" that often overcomes them at the end of the process.

Buy Your First Home! walks readers carefully through every step of the process, so that they can cross the threshold into their first home with confidence. A must-have reference for the first-time homebuyer’s library.

Highlights

Buy Your First Home! shows readers how to survive the homebuying process and thrive afterward, including how to:

•Determine ""need to have"" features and an affordable price range.

•Scope out available properties using the Internet.

•Handle pitfalls and delays, such as loss of important documents or problems in an inspector’s report.

•Negotiate fees and terms successfully with lenders.

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I read this book when I was buying my first home, unfortunately in the ultra-expensive Bay Area. I read a few of the Dummies books, which were adequate, and then came across this book. Irwin's book is a fairly easy read - you can skim the parts you already know (i.e. if you're not buying a fixer-upper, skip that part), and concentrate on what you don't know. He doesn't go very far in depth into any one subject - the book is only 180 pages - but he gives a layman's explanation of almost every part of the home buying process, from offers, to financing, to inspections, to repairs. And I don't think you need anything more in depth than this to buy a home. I actually read this book half-way through my own home buying process, and I still found it very valuable and useful. I can't claim that it saved me any money - it didn't. But it did reassure me that what I was doing was right - and that is well worth the cost of the book. 

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About the author (2005)

A long-time real estate investor, broker, consultant, and landlord, Robert Irwin is the author of over 60 books on real estate investing that have sold over a million copies combined. He has written for several real estate publications, including The Wall Street Journal’s Real Estate Journal and Owners.com, and has appeared on hundreds of radio broadcasts and made numerous television appearances. Visit Irwin’s website at www.robertirwin.com.

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