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  • Purchase a home within your budget
  • Find the right mortgage that works for you
  • Price and sell on your terms

Selling? Buying? Here's what you need to know

Looking for your dream house? Want to make your house someone else's dream? The new edition of this friendly guide shares secrets to help you reach your next stage in life. If you're buying, discover how to decide whether you need an agent, know what to consider as you shop, what you need to know about mortgages, how you can compare homes, and more. If you're selling, find out how to price your home, what selling will cost you, how to market your house, what's important about listings, and how to handle appraisals. Enjoy success whether you're buying or selling!

Inside...

  • Planning for your first home
  • Discovering who the players are
  • Analysing your finances
  • Understanding inspections and surveys
  • Deciding if you want to sell
  • Sprucing up your home
  • Negotiating and bargaining

Table of Contents

  1. Cover
  2. Title Page
  3. Copyright
  4. Introduction
    1. About This Book
    2. Foolish Assumptions
    3. Icons Used in This Book
    4. Where to Go from Here
  5. Part 1: Getting Started Buying and Selling a Home
    1. Chapter 1: Buying and Selling a Home: Just the Basics
    2. Knowing the Cast of Characters When Buying or Selling
    3. Preparing to Buy a Home
    4. Considering Some Important Questions to Ask When You’re Ready to Buy
    5. Knowing What Happens When You Sell
    6. Answering Some Questions You May Have When Selling
    7. Chapter 2: Introducing the Key Players
    8. Understanding the Real Estate Agent’s Role
    9. Choosing to Go It Alone
    10. Valuing the Appraisal Process
    11. Comprehending How a Lawyer Fits into the Picture
  6. Part 2: Preparing to Buy a Home
    1. Chapter 3: Sizing Up Home Ownership
    2. Recapping the Joys of Ownership
    3. Knowing What’s Right for You
    4. Knowing What You Want
    5. Knowing When the Time Is Right
    6. Chapter 4: Understanding Your Finances
    7. Increasing Your Down Payment
    8. Getting Up Close and Personal with Your Finances
    9. Determining What Size Mortgage You Can Carry
    10. Getting a Head Start with a Preapproved Mortgage
    11. Anticipating the Closing Costs
    12. Remembering Little Extras You May Not Have Considered
    13. Chapter 5: Knowing Your Mortgage Options
    14. Defining Your Financing Goals
    15. Mastering the Lingo: Mortgage Jargon 101
    16. Understanding the Types of Mortgages
    17. Mortgage-a-rama: All the Nifty Options
    18. Playing It Safe: High-Ratio Mortgage Insurance
    19. Covering Your Bases: Life and Illness
    20. Going Mortgage Hunting: What You Need to Do to Get a Mortgage
    21. Questioning Your Lender
    22. Helping Your Lender Help You: Prepare Your Information
  7. Part 3: Discovering Your Perfect Home
    1. Chapter 6: Finding a Home That’s Right for You
    2. Looking Closer at Your Housing Options: Determining the Best Fit
    3. Buying into a Fresh Start
    4. Following a Lead: Resale Houses
    5. Rising Ambitions: Investigating Condos
    6. Living Co-operatively
    7. Home Owning as an Investment
    8. Chapter 7: Shopping for a Home: The Nitty-Gritty
    9. Finding the Right Home for You
    10. Checking Out the ’Hood
    11. Drilling into Opportunities
    12. Getting Up Close with Foreclosures
    13. Taking a Closer Look at Properties
    14. Coming to Grips with Coming up Empty
    15. Getting Fired Up: Recognizing What Powers the House
    16. Stacking Them Up — How the Homes Compare
    17. Chapter 8: This Home Is Great! (Except for … )
    18. Putting Your Emotions Aside
    19. Reality Check: Can You Fix the Home’s Problems?
    20. Catching a Flipped Home
    21. Check It Out: Investigating Your Prospective New Home
  8. Part 4: Getting the House You Want
    1. Chapter 9: Making a Deal on Your New Home
    2. Preparing to Make an Offer
    3. Ready to Purchase: Making an Offer
    4. Chapter 10: Signing On to a New Life
    5. Taking Care of the Paperwork
    6. The Ins and Outs of Inspections
    7. Inspecting a Newly Built Home
    8. Sizing Up an Inspection Report
    9. Checking Out Condo Inspections
    10. You Are the Owner of All You Survey
    11. Chapter 11: Protecting Your Interests: Insurance and Warranties
    12. Insuring Your Home
    13. Finding Out Whether the Property Comes with a Warranty
    14. Preparing for the Preclosing Walk-Through
    15. Chapter 12: Closing Time: Closing Events and Moving Day
    16. Identifying What You Sign
    17. Recognizing What You Pay
    18. Taking Possession on the Possession Date
    19. Making Your Moving Experience One to Remember
    20. Being Organized: The Moving Timeline
  9. Part 5: Preparing to Sell Your Home
    1. Chapter 13: Deciding To Sell (or Stay)
    2. Making the Big Decision
    3. Looking At Your Budget: Your Finances
    4. Considering Your Mortgage When Moving
    5. Knowing the Ups And Downs Of Financing
    6. Timing Your Move
    7. Changing Your Mind about Selling
    8. Considering Estate Sales to Sell Your House
    9. Chapter 14: Setting a Price and Knowing the Cost
    10. Pricing Your House to Sell
    11. Comprehending the Basics of Appraisals for Sellers
    12. Sum Fun: The Math of Selling Your Home
    13. Some Good News about Taxes
    14. Chapter 15: Making Your House Shine
    15. Taking a Closer Look at Inspections for Sellers
    16. Undertaking Home Improvements
    17. Going to Market
    18. Showing (Off) Your Home
  10. Part 6: Sealing the Deal
    1. Chapter 16: Examining Listings and Disclosures
    2. Getting the Lowdown on Listing Contracts
    3. Grasping the Importance of Disclosure Statements
    4. Chapter 17: Understanding the Legal Stuff
    5. Cooking Up a Recipe for a Successful Contract
    6. Reading the Recipe: Basic Contract Know-How
    7. Keeping Condo Owners Covered
    8. Examining Deeds and Titles
    9. Chapter 18: Being Cognisant of Negotiating Tricks and Bargaining Chips
    10. Keeping Your Eye on the Prize: What’s Really Important
    11. Getting an Overview of the Negotiating Process
    12. Contending with Multiple Offers
    13. Dealing with Backup Offers
  11. Part 7: The Part of Tens
    1. Chapter 19: Ten Regional Concerns When Buying a Home
    2. Check Transportation Routes in Cities
    3. Be Cautious about Industrial Sites
    4. Stay Away from Major Roads If You’re Noise-Sensitive (Or Nose-Sensitive)
    5. Be Certain Your Street’s on the Level
    6. Make Sure You’re in a Good School District
    7. Be Sensitive to How Local Climates Can Affect Your Lifestyle
    8. Watch Out for Waterways
    9. Only You Can Avoid Wildfires
    10. Research Services in Rural Areas
    11. Think Twice about Leased Land
    12. Chapter 20: Ten Tips for Condo Buyers
    13. Insist on Seeing and Reading Documentation
    14. Have the Condo Inspected
    15. Use Your Measuring Tape If You Buy New
    16. Get to Know the Board of Directors
    17. Stay Away from High-Rental Developments
    18. Watch Out for Maintenance Fees That Are Too Good to Be True
    19. Ask about the Building’s Commercial Property
    20. Share as Few Walls as Possible, Especially If You Crave Quiet
    21. Own Your Locker and Parking Space
    22. Check for Signs of Aging
    23. Chapter 21: Ten Tips for Home Sellers
    24. Sell When Your Home Is at Its Peak
    25. Prepare Your Home for Sale
    26. Fix the Little Things
    27. Light It Up
    28. Let Your Neighbours Know
    29. Know Where to Advertise
    30. Get Your Documents in Order
    31. Prequalify Buyers
    32. Tighten Security
    33. Send Notifications: My Dear Tenants …
    34. Chapter 22: Ten Ways to Protect Your Investment
    35. Inspect the Exterior
    36. Know Your Surroundings: Landscaping, Yard, and Deck
    37. Maintain Heating and Cooling Systems
    38. Stay Warm: Insulation
    39. Breathe Easy: Ventilation
    40. Sleep Soundly: Home Safety
    41. Keep an Eye on Your Doors and Windows
    42. Cook Up a Storm in a Safe Kitchen
    43. Get Away in a Leak-Free Bathroom
    44. Into the Dark: The Basement and Attic
  12. Glossary
  13. Index
  14. About the Authors
  15. Advertisement Page
  16. Connect with Dummies
  17. End User License Agreement
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