Definitive Guide To Buying Your First Home Plr Ebook

Ebook Table Of Contents

Introduction – Looking Ahead ………………………..……………………….. 7
New Homes vs. Older Homes ………………………………………………… 8
Which Home to Choose…………………………………………………….… 8
Chapter 1 – Location, Location, Location ………………………………… 10
Finding the Right Neighborhood………………………………………… 10
How Clean is This Neighbourhood? …………………………………………… 11
Is This a High Crime Area? ……………………………..…………. 11
What is The Average Home Value in The Neighbourhood? ……. 12
Are There Community Bylaws? ………………………..………….. 12
What is The Home Close To?………………………..…………….. 12
Is There Garbage Pickup?…………………………..……………… 13
City Life vs. Country Living ………………………………………………… 13
City Life ………………………………………………………………… 14
Pros ………………………………………………………….. 14
Cons …………………………………………………………. 14
Country Living ……………………………………………………… 14
Pros ………………………………………………………….. 14
Cons …………………………………………………………. 15
Suburban Living …………………………………………………….. 15
Pros ………………………………………………………….. 15
Cons …………………………………………………………. 15
Making the Commute ………………………………………………………. 16
Schools In The Area ………………………………………………………… 17
Grocery Shopping And Other Necessities……………………………….. 17
Other Location Consideration ……………….…………………………… 18
Chapter 2 -Working With Realtors…………………………………………. 20
Choosing A Realtor …………………………………………………………… 20
Experienced Agents vs. New Agents ………………………………. 22
Pushy Agents …………………………………….……………………. 23
Absentee Agents ………………………………………..…………….. 23
Hard Working Agents …………………………………..………….. 24
Preparing To See Homes With Your Realtor …………………………….. 25
Create A List ….……………………………………………………… 25
Viewing Homes …………………………………………………….. 26
Taking Pictures ……………………………………………………… 26
Narrowing Down Your Choices …………………………………….. 27
Information Realtors Should Tell You …………………………………… 28
Working With Seller’s And Buyer’s Agents ……………………………… 29
Negotiators with Sellers ……………………………..…………….. 30
Paperwork …………………………………………..……………… 30
Survey Neighbourhoods …………………………..……………….. 31
More Reasons To Hire a Real Estate Agent …………..…………………. 31
Peace Of Mind ……………………………………………………….. 31
Wealth Of Knowledge ……………………………………………….. 32
Confidence…………………………………………………………… 32
Chapter 3 – Playing The Housing Market …………………………………. 33
Watching The Housing Market ……………………………………………. 33
Making The Most Of The Housing Market ……………………………… 34
National Interest Rates For Mortgages ………………………….. 34
Building Rates In Your Area ……………………………………….. 35
Number Of Foreclosures In Your Area …………………………. 36
Stock Market And Gasoline Prices…………………..…………… 36
In The End …………………………………………………………………. 37
Buying VS. Renting (Pros/Cons) ………………………..……………….. 37
Buying A Home …………………………………………………… 38
Pros ………………………………………………………… 38
Cons ………………………………………………………… 38
Renting A Home …………………………………………………… 39
Pros …………………………………………..……………… 39
Cons ……………………………………………………………. 39
Rent To Own ……………………………………………………………….. 40
New Homes ………………………………………………………………… 41
Using The Housing Market To Your Advantage ……………………….. 42
Chapter 4 – Home Inspections……………………………………………… 44
The Importance Of Home Inspections …………………………………… 44
How To Find A Home Inspector………………………….……………… 45
What To Expect From A Home Inspection ……………………………… 47
Specific Places That Should Be Inspected……………………………… 48
Chimney/Fireplace ………………………………………………… 49
Attic/Basement/Crawl Space …………………..………………… 49
Swimming Pools…………………………………………………… 49
Smoke Detectors And Appliances…………………..…………… 50
Termite Inspection ………………………………………………………… 50
How Homeowners Will React ……………………………..…………….. 51
Ways A Home Inspection Can Lower The Final Price …………………. 52
The Final Walkthrough ………………………………..………………….. 54
The Closing ………………………………………………………………… 55
When To Walk Away……………………………………………………… 56
Chapter 5 – Financing Your First Home …….…………….……………… 58
Types Of Home Loans………………………………………………………. 58
Fixed Rate Mortgage Loans ……………………….……………… 59
Adjustable Rate Mortgage Loans …………………..…………….. 59
Balloon Mortgages ………………………………………………… 60
Jumbo Loans ………………………………………………………. 60
Where To Find A Lender………………………………………………….. 61
Applying For A Home Loan …………………………………..………….. 62
What Not To Do When Applying For A Home Loan …………………… 64
Increase Your Chances For Approval …………………………………… 65
How Home Appraisal Can Affect Your Home Loan …………..………. 66
Homeowner Reduces Selling Price ……………………………… 66
Higher Down Payment……………………………….…………… 66
Dispute The Appraisal ……………………………………………….. 67
Find Another Lender …………………………………….……….. 67
How Home Inspections Can Affect Your Home Loan ………..……….. 68
Additional Fees For Home Loans ……………………………………….. 68
Good Faith Estimates ………………………………………..……………. 69
Escrow And Other Loans Terms ………………………………………… 70
Chapter 6 -Making A Realistic Offer ……………………..……………… 73
What To Do Before Making An Offer…………………………………….. 73
Attend Open Houses………………………………..…………….. 73
Find Out More About A Property ……………………………….. 74
Find Out More About Taxes In The Area ……………………….. 74
Have An Appraisal Done Before Making An Offer …………….. 75
How To Write A Purchase Offer ……………………….………………… 75
Making An Offer ………………………………………..………………… 76
Low/High Offers ………………………………………..………………… 77
Low Offers …………………………………………………………. 77
High Offers ………………………………………………………… 77
Making The Right Offer ………………………………..………………… 78
How To Handle A Counter Offer And Offer Rejection ……..………… 78
Counter Offer……………………………………………………… 78
Dealing With Rejection ……………………..……………………. 79
Considering Items In The Home ………………………………………… 80
Understanding The Seller ……………………………………………….. 81
What To Do In A Buyer’s Market …………….…………………………. 82
What To Do In A Sellers Market …………….…………………………… 83
Chapter 7 – Contracts, Home Warranties, And The Closing ……..…. 85
Contracts …………………………………………………………………… 85
Contingencies ……………………………………………………… 86
Builder Contracts ………………………………………………….. 87
Mortgage Contracts ………………………………………….……… 87
Closing Agreements ……………………………………………….. 87
Home Warranties ………………………………………………………….. 88
Closing …………………………………………………..………………….. 88
Sign Contracts ……………………………………………………… 89
Final Walk Through ………………………………………………. 89
Paying Closing Costs ……………………………………………… 89
Get Your Keys ……………………..………………………………. 90
Conclusion ……………………………………………………………………… 91
Recommended Resources……………………..…………………………… 92

Other Details

* Sales Page: Included, HTML
* File Format: MS Word Doc, PDF
* Number of Pages: 90
* Included Graphics: Ecovers, PSD
* Extras: 4 Graphics Sets
* Extras: 4 Parts Ecourse
* Extras: 25 Parts Articles
* Extras: Adsense Website
* Extras: Blog Themes
* Extras: Keywords
* Download File Size: 23,297 KB