A thorough, practical guide to every aspect of buying a house, How to Buy a House in California will help you make informed decisions that can save you thousands of dollars. With this bestseller in hand, you'll learn how to:
successfully go through escrow
The 11th edition is completely updated and provides an easy method for calculating how much house you can afford. Plus, you'll find the current rules for government-assisted loans and the latest resources.
List of Forms:
Ideal House Profile
House Priorities Worksheet
House Comparison Worksheet
Family Financial Statement
Directions for Completing the Family Financial Statement
Download Description
"The most complete guide to buying a home in the Golden State. A thorough, practical guide to every aspect of buying a house, How to Buy a House in California will help you make informed decisions that can save you thousands of dollars. With this bestseller in hand, you'll learn how to: choose a house and neighborhood find the right agent get the most up-to-date information on mortgage options and rates take advantage of creative financing strategies - from seller financing to government loans figure out how much down payment you can afford make an offer and negotiate with confidence for the best price buy a new house in a development inspect a house for physical problems and environmental hazards juggle buying and selling houses simultaneously successfully go through escrow The 10th edition, completely updated, explains how to use the latest mortgage financing options - such as no-interest loans - without getting burned. It also covers how to research a home's insurance history, deal with problems with newly built homes, and to what extent a buyer can trust inspection reports provided by a seller. Home buyers beyond California: Even though this book provides state-specific forms and information for Californians, most of the material in it can help home buyers in the other 49 states as well. Don't buy a house without it! List of Forms Describing Your Dream House Ideal House Profile House Priorities Worksheet House Comparison Worksheet How Much House Can You Afford? Family Financial Statement Monthly Carrying Costs Worksheet Mortgage Rates and Terms Table Presenting Your Offer and Negotiating Contract to Purchase Real Property Extension of Offer to Purchase Real Property Counteroffer [Counter Counteroffer] Revocation of Offer to Purchase Real Property Escrow, Contingencies and Insurance Extending Time to Meet Contingencies Contingency Release Release of Real Estate Purchase Contract "
Customer Reviews:
Wonderful Resource.......2007-10-10
I purchased this book because I was a first time home buyer and the information and tips I got from this book were wonderful. There was a tip about calling local title companies to find out who they think are good local real estate agents. I called for a recommendation, and it worked wonderfully! I found a great agent using that tip and I am extremely pleased with how everything worked out. The extra knowledge I acquired from this book was very helpful throughout the whole home buying process. It is an easy and fun book to read. The authors give stories from their personal experiences and also provide explanation of terms, etc. I would recommend it to any one who is going to buy a home.
Demystify the Maze.......2007-07-23
This book rocks! It is well written, clearly organized, full of incredibly useful insights and obviates the need for any other books. Purchasing property in the Golden State is hugely complicated and this book unravels the knots and truly educates the potential buyer to the point that ones agent will be impressed. Every aspect is covered and in such depth that I truly believe it helped me negotiate the best price and the best mortgage terms. I fully understood all the steps and when it came to final closing costs, I was impressed that I was able to accurately predict exactly what those would be ...no shocks here. I highly recommend this book.
I have nothing bad to say about this book........2006-03-18
I will be a first time homebuyer shortly and this book is really helping me put things into perspective and feel confident about purchasing a home. Easy to read. Easy to understand. Easy to find specific information. Highly recommended.
Prepared for the LA Market-Whoa!.......2006-02-02
This book is the only book you will need if buying a home in California. I am in my early thirties and knew nothing about the housing market in California until reading this easy and thorough guide to California home buying.
It provides a detailed and easy to understand guide to preparing oneself for entering theCalifornia housing market. The book is broken down in comprehensible, step by step chapters covering a wide range of subject areas. There are plenty of worksheets designed to help in your home search (practical and financial) as well as plenty of real life examples that illustrate common inquiries, pitfalls and scenarios.
I live in Los Angeles and was very intimidated by the insanely competitive housing market. This book has gotten me over these worries and am now working confidently with an amazing broker in looking for the house that's right for me. Don't bother with other guides, this is honestly the only one you will need!
Informative and easy to understand.......2004-01-28
This book explains all the little nuances about buying a house. I read the whole thing and parts of it more than once before I bought my first house. It is well organized so that you can read just certain chapters if you need specific information right away. I actually sold my copy online after my house closed. Later, I ended up buying a copy as a gift for a friend. I recommend this book to all my friends who are thinking about buying a house.
Book Description
This guide from bestselling real estate authors de Roos and Kennedy shows you how to use tax-free retirement funds to invest in real estate. Using real estate IRAs, you can combine the tax benefits of retirement funds with the high rates of appreciation in the real estate market, growing your retirement investments by leaps and bounds. This handy book shows you how.
Customer Reviews:
The Insider's Guide to Tax-Free Real Estate: Retire Rich Using Your IRA.......2007-09-05
This book was a great surprise! I thought that I was getting another book on IRA investing, but it was also informative about a new product that I had not heard of called the Solo 401(k). Really, this book is a must read for everyone...especially for people who have reached income limits for contributing to their IRA. It is also extremely helpful with ideas of how to purchase real estate within the self-directed retirement vehicle. I used the information in this book to redirect my investment goals!
Product Description
In recent years, stock market investing has been proven unstable and not very rewarding. In fact, many people have seen their retirement and personal holding accounts dwindle. This new book provides an alternate to investors. It provides detailed information on how to put money to work in a relatively safe private mortgage investment with a high return of 12 to 15 percent (or more) in most cases. Private mortgages have grown into a multi-billion-dollar industry. This market allows investors to earn substantially higher yieldswhile offering the security of real property to back the loan. Private mortgages have become an important fixed income vehicle for many investors with their personal funds, equity, and self-directed IRA accounts. Private mortgage investing isnt for the get-rich-quick type of person. However, you can comfortably double your money every 4 to 6 years. For example, should you invest in your self-directed IRA and re-invest as notes pay off? $100,000 at 12 percent grows to over $200,000 in six years, to $500,000 in 13 years and to over $1 million in 19 years. Private mortgage loans are backed by real property. Generally, you would not lend more than 55 percent on the value of the property, thus the investment is again relatively safe. Instead of concentrating on the borrowers credit history, private mortgage lenders concentrate their investment decisions on the real property itself. However, like any business or investment, there are a lot of details to learn, and you do not need to learn them on your own. Learning them on your own can be costly. In this economic environment of very low interest rates, you can still earn high yields with virtually little or no risk to your investment.
Customer Reviews:
Solid guide to private mortgage investing.......2007-03-27
Clark's book covers the basics that any investor will need to know, including why to choose private mortgage investing (and what your other options are) and how to go about doing it. It covers all of the different aspects of mortgages such as fees, interest rates, and even has handy tables to help you out. The appendices are the best feature as they have all the forms you will need as well as a comprehensive glossary (very useful!). This book covers everything you need to know to succeed, but were too scared to ask about. It even has case studies and examples explained with real numbers that help tie the whole thing together. I would recommend this book to anyone wanting to start earning money with private mortgage investments.
Invest in this book today.......2007-01-03
This book is straightforward and gives you a tremendous amount of information about investing in private mortgages. Unlike a lot of books of the investment genre, it does not try to sell you on services provided by the authors. In fact, I wish the book had a bit more reference material for making contacts to get started with this type of investing.
Desk Reference for ANY Investor!.......2006-12-20
Clark and Tabacchi have created a masterpiece of an educational and supportive tool that should become a desk reference for any investor from amateur through industry mogul. By providing the reader with an organized and easy to understand manual on the otherwise opaque investing industry, Clark & Tabacchi display their expertise in this subject matter by guiding the beginning investor through the processes of choice from traditional savings through stocks and bonds on to the lucrative market of Mortgage Investing.
The explanation of the reasoning behind the private mortgage industry that tells you why you would want to find yourself in this industry gets the juices flowing and interests peaked. Your journey includes a thorough exposure to strategies of Mortgage Investing, this resource is a must have companion.
A complete and honest investment guide.......2006-10-20
This is a well organized and very easy to understand investment manual, whether you are a newcomer or an old pro in the business of real estate. Included case studies and tables are effective in illustrating the process and possible outcomes of private mortgage investing. The author clearly explains all of the parameters to be considered when taking advantage of this type of investment opportunity. Points, fees, and procedures relevant to mortgages are explored in great detail. Safety measures, tax considerations, and foreclosure processes are also discussed, with examples of what could go wrong, and how to avoid losing your investment. This is a complete and honest assessment of private mortgage investing, with excellent references and suggestions of how to get started or increase the success of your investment activity.
Everything you need to know to succeed at private mortgage investing.......2006-10-10
Before reading Private Mortgage Investing, I knew very little about private mortgages. However, after reading it, I feel as though I really have the information I need if I decide to take this path of investing. This book provides an in-depth look at every aspect of private mortgage investing from getting the most out of your IRA to ways to invest your money. One of the most helpful sections of the book was the discussion on how to find potential borrowers - and discovering there are plenty of them out there. In fact, it was surprising to learn that 1.9 million homes were purchased by investors in 2004 - that's 23 percent of all home sales!
For me, the best part of this book is the case studies. Reading about an 18-year-old who is already investing her money and a 73-year-old who turned to private mortgage investing is an inspiration - it proves that anyone can invest their money in private mortgages and make a nice profit. Furthermore, the case studies provide valuable tips - such as the importance of working with a reputable, trustworthy broker - from investors who know what it takes to succeed.
There are also eight exhaustive appendices, one of which includes sample forms, among them an example of a mortgage note and a mortgage commitment letter. The second appendix features a complete loan package from a broker. Everything you need to get started is in this book! All in all, Private Mortgage Investing is a must-read for anyone interested in really learning how to get into private mortgage investing.
Book Description
For decades, banks and brokerage houses have effectively convinced us that IRA holdings can be invested only in stocks and CDs. Then, with the sharp decline in the stock market, most of us could only stand by and watch as our retirement savings lost their accumulated value. Few knew that there was an alternative which offered both safety and growth. That alternative is real estate. That's right. Contrary to what you may have believed, it is perfectly legal to hold real estate investments in an IRA account—and to enjoy unprecedented returns. For nearly twenty years, IRA investment expert Patrick W. Rice has taught thousands of men and women his revolutionary strategies for using an IRA to create wealth based on real estate. In his new book, Mr. Rice shares all his moneymaking strategies with you. Within the pages of IRA Wealth, you will learn how to:
• Turn your old IRA into a self-directed account that puts you in charge.
• Buy income-producing properties, from rental houses to commercial buildings.
• Purchase high-yielding real estate-backed notes.
• Buy your dream retirement home now.
• Loan money to family and friends while building your IRA.
• Form limited liability companies that multiply your investment power.
• Buy yourself a thriving business—or a great job.
• Reduce your risks while boosting your returns.
Although it may be a little late to avoid the volatility of the stock market, the lesson has been simple: Don't put all your eggs in one basket. IRA Wealth offers an entirely new basket—one that holds golden eggs for a bright and rewarding future.
Customer Reviews:
Women, IRA Self-direction puts you in control.......2007-08-25
This book is a great guide to the concept of self-directed IRAs. Everyone with an IRA or 401K over $50,000 should be considering this option. There is no limit on the returns you can realise in your IRA account. Take this authors advise and go for mazimun returns on investment you control. It's legal and it makes sense. This is one of the stategies every women needs to understand to gain financial independence. Knowledge and a wealthy mindset as recommended in "A Man Is Not A Financial Plan!" helpA Man Is Not A Financial Plan! make women wealthy and wise.
WOW! A way to invest and have control at the same time.......2007-07-26
This book got me started asking my financial advisor and the local bank financial advisors questions. I had been told I could not use any of my retirement funds to invest in real estate. I know better now and so do they.
Good book, this type of investing comes with risks and it is expensive because an intermediary has to be used (just a couple of things to weigh into the decision to or not to use). Not something to jump into lightly, good beginning book but recommend getting additional information on the subject and discussing it with your accountant prior to attempting it. If you do decide to plung in, do extensive research on the intermediary companies - be sure they are legit, have bullet proof references and actually ask to talk to current clients. Compare costs, services and reputation - cheapest could cost you dearly in the long run.
Very good. Worth every penny, and then some. .......2006-10-29
A good read, with lots of helpful information. Frankly, I wish there were MORE books on the subject of self directed IRA's, particularly real estate investing via self-directed IRA's. That being said, I'm convinced this is one of the best books you'll find on the subject.
If you're looking to pump up your IRA with smart real estate investments, this is a good book to have on hand. Highly recommended.
Good Roadmap for IRA Real Estate Investment.......2005-08-26
This book is a good general overview of the structure for investing self-directed IRA funds in real estate, as well as the major busines, tax and legal concerns involved. It is not overly general nor overly technical and is an easy read. It's a good roadmap for the first-timer.
Simple, maybe too much so........2004-11-07
Very basic guide to IRA conversion/self-directed IRAs. Probably helpful to a novice, especially someone nervous about taking control of their own fund. For someone who is an experienced real estate investor, used to considering (eg) tax consequences, depreciation issues, leverage issues, etc., not very helpful at all. I was especially disappointed that there was not more specific information about what was actually necessary to convert 401Ks to self directed funds, and more analysis of what to look for in a fund administrator.
Book Description
Real estate investment strategies that put the gold in the golden years
This accessible, easy-reference guide shows how to turn a retirement savings plan into a tool for generating major income. Hubert Bromma, an experienced investment professional in real estate and retirement funds for nearly 30 years, take you through the basics of investing with retirement accounts, from choosing the right plan to buying real estate. The book also includes information about the various retirement options, including IRAs, Roth IRAs, individual 401(k)s, and more.
Customer Reviews:
Informative but not Objective.......2007-03-21
Written by the top officer of Entrust, whose business is to manage self directed IRAs, this book is not to be taken as an objective analysis of the benefits and drawbacks of buying real estate within a self directed IRA. Although never actually lying (I'm sure Entrust's attorneys made sure of that), it avoids the topic of fees and lack of control, that are involved in maintaining any real estate investment within an IRA. It also doesn't mention any of the costs of setting up an LLC with one or more members. Setting up an LLC is a likely scenario and was, in fact, recommended to me, by Entrust. Buying real estate within an IRA is very different than doing the same investment outside of an IRA. Given the fees involved with this type of investment, what would be the minimum investment recommended to absorb these fees/costs and still realize an acceptable return? No answers here. Examples of returns are unrealistic in today's more normal market conditions. The author does make some good points, and the concept is really great. But buyer beware. I was so disappointed to come to the conclusion that buying a $350K investment property, using the required non-recourse loan with a higher rate, and setting up an LLC with 2 members (the bank and my IRA) was too complicated and restrictive. This book is an excellent starting point, but the drawbacks either aren't mentioned, nor fully addressed. Basically, the author is selling. Remember what he does for a living. Get your highlighter out and read carefully!
Book Description
Get Answers to All Your Questions About Financing Real Estate Development -- and Tailor a Finance Package that Meets Specific Your Needs
The Completee Guide to Financing Real Estate Developments offers a detailed roadmap to navigate the complex process of financing small to large-scale real estate projects, such as office buildings, apartment complexes, and hotels.
Real estate expert Ira Nachem explores the pros and cons of large versus small institutions; how to structure and present a loan proposal, the approval and closing processes; the truth about appraisals, guarantees, insurance and lien law; financial and physical bonuses and constraints, environmental issues and many other topics.
Nachem presents in-depth information and explanations that answers questions on:
- Who the Commercial Real Estate Lender Really Is
- What Information Should the Borrower Produce
- How a Workable Budget is Created
- How the Lender Evaluates a Borrower
- What the True Value of an Appraisal Is
- What goes into a Lender's Loan Presentation
- What to Expect at a Closing
- What Key Legal Documents are Most Important
- What the True Value of a Guarantee Is
- How the Borrower and Lender Prepare for the Funding Process
- What Is involved in Loan Administration After the Closing
- What Is the View from the Borrower's Perspective
- What Are some of the Constraints and Incentives to Development
- What Are the Values and Risks of Insurance and Bonding
- What Is the Reason for Title Insurance and how does it work
- What Are the Complexities of Lien Law and how does it work
- How Is the Loan Eventually Repaid
- What Real Estate Math Is Essential for the Professional
- How Important Are Environmental Issues
- How Can the Lender Find New Loan Prospects
- What Are the Risks and Rewards of Loan Participations
Featuring a wide range of helpful examples and illustrations, The Complete Guide to Financing Real Estate Developments covers many of the day-to-day realities faced in the real estate industry including the differing perspectives of lenders and borrowers, their personal pressures, personalities and politics, and much more.
Customer Reviews:
A good read.. but not satisfactory.......2007-10-21
Book is written from multiple angles, and what i really didn't like is first couple of chapters are just for "Loan officer" about how to write presentation etc..etc.
I was expecting more details and Tips on how to finance real estate developments.
Simple yet so complex..........2007-08-28
After completing this book, I not only felt as though I had a deeper understanding of the real estate finance process but I had a strong desire to meet the author in person. The author easily depicts realistic real estate finance situations from which anyone can learn. His tone is gentle. The sentences are clear and easy to read. This book is a home run!
exactly what i was looking for!.......2007-08-20
As a student of real estate development classes, I was struggling with my teacher and the required textbook. Stumbling on this book was like hitting the lottery; it is easy to use, carefully laid out and incredibly detailed. It has helped me immeasurably as both an instructional manual and as a reference.
Informative Read and Useful Reference.......2007-08-17
The book touches all bases with respect to construction finance. Working in the industry, I not only found the book informative but also a great reference.
No table of contents.......2007-08-14
I probably would have purchased this book if the table of contents was viewable. The title of the book indicated that it was just what I was looking for, but I could not view the contents or index and therefore did not purchase.
Average customer rating:
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The Real Estate Ira
John Scavuzzo
Manufacturer: Dodd Mead
ProductGroup: Book
Binding: Hardcover
 General
| Business & Investing
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Investments
| Real Estate
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Civil Procedure
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ASIN: 0396089135 |
Average customer rating:
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The McGraw-Hill Investor's Desk Reference
Ellie Williams
Manufacturer: McGraw-Hill
ProductGroup: Book
Binding: Hardcover
General
| Popular Economics
| Business & Investing
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General
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General
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Introduction
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General
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ASIN: 0071359451 |
Book Description
The McGraw-Hill Investor’s Desk Reference is a book whose time has come. Compiling the up-to-date answers to virtually every important investment question—from “How do I invest online?” to “What is the difference between value and growth investing?”—this comprehensive guidebook puts today’s most important and frequently sought information at the fingertips of investors.
This one-of-a-kind, uniquely valuable reference book provides investors with:
*A complete dictionary of key terms
*Information on using the Internet as an all-purpose investment tool
*In-depth material on investment vehicles and styles
*An examination of key economic indicators
*Descriptions of international markets and exchanges
*Fascinating sections on key investment people and literature
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California's Housing: Adequacy, Availability, and Affordability (Rand Corporation//Rand Report)
Ira S. Lowry
Manufacturer: Rand Corp
ProductGroup: Book
Binding: Paperback
Economics
| Business & Investing
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| Agricultural
| Commercial Policy
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| Consolidation & Merger
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| Economic History
| Economic Policy & Development
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| Free Enterprise
| Inflation
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| Macroeconomics
| Microeconomics
| Money & Monetary Policy
| Natural Resources
| Privatization
| Public Finance
| Statistics
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| Theory
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| Urban & Regional
General
| Real Estate
| Business & Investing
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Social Services & Welfare
| Poverty
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ASIN: 0833005359 |
Books:
- How to Buy a House in California
- How to Invest in Real Estate With Your IRA and 401K & Pay Little or No Taxes
- How to Make Money With Real Estate Options: Low-Cost, Low-Risk, High-Profit Strategies for Controlling Undervalued Property....Without the Burdens of Ownership!
- How to Make Money With Real Estate Options: Low-Cost, Low-Risk, High-Profit Strategies for Controlling Undervalued Property....Without the Burdens of Ownership!
- In Vogue: The Illustrated History of the World's Most Famous Fashion Magazine
- International Dimensions of Organizational Behavior
- Internet Riches: The Simple Money-making Secrets of Online Millionaires
- Introduction to International Economics
- Irrational Exuberance: Second Edition
- It's Easy Being Green: A Handbook for Earth-Friendly Living
Books Index
Books Home
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