Everything you need to buy your first home, from initial decisions all
the way to the closing table! Outsmart the financial trap of
homeownership with advice that can save you a fortune during the
purchase timeline and into the future.
No matter how much you want to escape the renter's cycle, buying a house
isn't always a good investment. Your home can destroy your wealth and
freedom or generate the same--and this book will show you how to make a
decision that gives you the most financial flexibility possible.
Scott Trench and Mindy Jensen of the BiggerPockets Money Podcast have
been buying and selling houses for a collective thirty years. In
First-Time Home Buyer, they'll give you a comprehensive overview of
the home-buying process so you can consider all of your options and
avoid pitfalls while jumping into the big, bad role of homeowner. Buy
your first house with your eyes wide open, and outsmart the world's most
common financial trap!
In this book, you'll learn:
How much house can you actually afford
When it makes sense to buy a house instead of renting
Everything you should know about the housing market
How to get your financial situation in order while preparing for your
big purchase
Steps you can take (and early decisions you can make) to turn your first
home into a future cash-flowing investment
Whether fixer-upper houses and home renovation are really worth it
What to look for when buying a house and what to absolutely avoid
How to choose a real estate agent and a lender that have your best
interests in mind
All the steps to buy a house--from loan pre-approval, to submitting
offers, to home inspections, to the closing process, and everything in
between!
