Property Book Shop - Mortgages For Dummies, 2nd Edition

List Price: $16.99
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Manufacturer: For Dummies

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Binding: Paperback
Dewey Decimal Number: 332.720973
EAN: 9780764571923
ISBN: 0764571923
Label: For Dummies
Manufacturer: For Dummies
Number Of Items: 1
Number Of Pages: 312
Publication Date: 2004-08-27
Publisher: For Dummies
Studio: For Dummies

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Spotlight customer reviews:

Customer Rating:

Summary: not worth the money
Comment: I learned nothing from this book that I didn't already know. After talking with friends and family and finding a good mortgage banker I trusted, I knew what I needed to. I was very disappointed in it!

Customer Rating:

Summary: Good For Starters
Comment: The book touches on the very basics of buying a home. Lots of industry terms defined - this solves a communication barrier to often seen in this industry. Often times, some lenders forget to check the literacy of there clients and breeze through the whole process without defining some key terms. With this book, loan officers/brokers/agents and clients are on the same page.

First time buyers who read this book will feel a little more confident, especially with reading articles and books pertaining to buying/investing in a home.

Customer Rating:

Summary: Mortgages For Dummies, 2nd Edition
Comment: Very well written... useful not only for mortgage shoppers but also for professionals working in fields related to Financial Services!

Customer Rating:

Summary: Saved me a fortune!!!!!!
Comment: This book saved me about $22,000 when I purchased my house. It prepared me to know what to look for and what to ask for when searching for a mortgage! I had purchased the home buying for dummies book and while reading that I learned I needed to know so much more about the financing aspect. Since it was my first home purchase I was clueless. This book walked me through and helped me discover what my personal needs were. I found my dream house, a perfect fit mortgage, and closed all in 2 weeks. AMAZING!

Customer Rating:

Summary: very little substance
Comment: As a first-time homebuyer, I was looking for some in-depth knowledge of mortgages. This wasn't it. It gave a very broad overview and told me very little that I didn't already know. It is fine for the true dummies out there.

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Editorial Reviews:

For many of us, the single biggest financial transaction is buying a house. Even more significant than the hefty down payment we fork over is the 15- to 30-year mortgage that needs feeding every month. If you have this much at stake, a little knowledge can go a long way, which is where Eric Tyson and Ray Brown come in. In Mortgages for Dummies, Tyson and Brown (who also wrote Home Buying for Dummies and House Selling for Dummies) provide a comprehensive introduction for anyone who is contemplating a mortgage. The book tells you how to evaluate your creditworthiness, determine your borrowing power, and shop for a lender, as well as covering the various types of loans. The authors also devote a section to refinancing and discuss what you should consider when prepaying a loan. They include amortization and remaining-balance tables, and a useful glossary. Whether you're a first-time home buyer or are just looking to refinance, you'll find this a valuable, easy-to-use guide. --Harry C. Edwards