The Everything Homebuying Book: How to Buy Smart -- In Any Market..Determine What You Can Afford...Explore Your Mortgage Options...Find a Home That Matches Your Needs

The good news: It's a buyer's market and interest rates are down. The bad news: It's tougher to get credit and qualify for an affordable mortgage. In this volatile market, you need to arm yourself with as much information as you can get. This book takes you through each step of buying a home and will show you how to: Choose the right house, condo, co-op, or vacation home. Analyze mortgage rates, property values, and market trends. Work with agents, brokers, lawyers, and lenders. And more! Whether you're purchasing your first home or your fourth, this updated guide walks you through your biggest purchase with expert advice you can trust. This edition also includes completely new material on loans to avoid, how to determine if a house is overpriced, and avoiding foreclosure.