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Tips and Traps When Buying A Home

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Title: Tips and Traps When Buying A Home
by Robert Irwin
ISBN: 0070328846
Publisher: McGraw-Hill Trade
Pub. Date: 01 October, 1996
Format: Paperback
Volumes: 1
List Price(USD): $14.95
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Average Customer Rating: 4.5

Customer Reviews

Rating: 3
Summary: Buy low; sell high...
Comment: I'm half way though this book and its obvious to me that much of what he suggests is unknowable. Buy when the market is going up. Don't buy on the way down. Don't wait for the absolute bottom. Ask Jean Dixon for advice....

So what is one to do? Aside from the fact that housing is something everybody needs, all I know is that people who bought houses in California for outrageously high prices...are now selling them for even higher prices.

And the same economic conditions that cause house prices to go up, also raise interest rates, making housing unaffordable.

The best time to buy a house is when you need one and can afford it. As I write this the good news is that interest rates are incredibly low; the bad news is George Junior is running this country off a cliff. Sure, its disconcerting but if you follow everything in this book the only home you'll be in the market for is a nursing home.

Rating: 3
Summary: cookie cutter advice
Comment: This book gives cookie cutter advice without much elaboration for those of us who don't fit into the mold of "20% down, sterling credit" home-buyers. If you've read any other books then most of the information isn't new and a lot of it is just common sense (although some of it it is outdated now). I would only recommend this book to someone who knows nothing and is ready to read other books in order to put the advice in perspective. If you're going to read anything, read "The 106 Common Mistakes Homebuyers Make". It's a lot better!

Rating: 5
Summary: Sellers Beware! We are on to you
Comment: Excellent Book! A must read! Really goes into detail about what to avoid.

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