Introduction
Welcome (almost) to the world of home ownership! The fact that you’ve picked up this book and flipped it open to the Introduction says you’re serious about buying a home, and you’re looking for step-by-step guidance through the process—from finding the right home to signing the papers that make it yours. Either way, you’ve come to the right place.
Buying a home is a big step. In fact, it’s many big steps—to the first-time homebuyer, the process can seem long, complex, and more than a little confusing. This book takes the confusion out of buying a home, guiding you through each step of the process and offering tips and information along the way. And if you’ve bought property before, this book serves as a step-by-step refresher course with information on all the current real-estate practices. Neophyte or veteran, you’ll feel confident about one of the biggest decisions you’ll ever make.
Should You Rent or Buy?
Home ownership is a big step, and many people worry whether they’re ready to take it. If you currently rent your house, you may wonder if you can even afford to buy a home. Just looking at real estate listings online or in the Sunday paper can make you break out in a cold sweat. Yes, homes are expensive. But they’re also an investment—and for many homeowners, it’s one of the smartest investments they’ll make. Depending on how much you currently pay for rent, how expensive homes are in your area, what your credit score looks like, and how long you plan to live in the ...
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