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Now updated -- America's #1 bestselling home-buyingbook! Want to buy a house, but concerned about the market? Have nofear -- this trusted guide arms you with Eric Tyson and RayBrown's time-tested advice and updated strategies for buying a homein current market conditions. You'll discover how to find the rightproperty, make smart financial decisions, and understand the latestlending requirements and tax implications. * New to this edition -- new and expanded coverage to helphomebuyers take advantage of low home prices, understand thesubprime mortgage crisis, obtain a mortgage, and improve creditscores * To buy or not to buy? -- weigh the advantages of owningversus renting, get your finances in order, and know how much houseyou can safely afford * Handle financing -- understand your credit rating, navigatethe different types of mortgages, and complete all paperwork * Play the real estate game -- find the right location andproperty, assemble an all-star real estate team, and make the mostof the Internet's real estate resources * Let's make a deal -- negotiate with finesse, makesuccessful offers, inspect and protect your new home, and cover allyour bases in escrow "Invaluable information, especially for the first-time homebuyer." --Fort Worth Star-Telegram "A reference you'll turn to time after time." --St. Petersburg Times Open the book and find: * Reasons why home prices rise and fall * Hands-on instruction for buying a home in up or down markets * How to pay the price you want * The best mortgage options * A sample home-buying contract * Pros and cons of comparable market analysis * Tips for overcoming mortgage and appraisal problems * How to cope with buyer's remorse * The best real estate Web sites