Product Details
While many of the steps in buying a home are the same as buying a condominium, townhouse, or apartment, there are many
critical differences. This new book offers a complete overview of these special, usually smaller, residences. These units
can be good options for first-time home buyers, for those who want a vacation getaway, investors, and those who want to
downsize their living space. These housing units are usually less expensive than a single family home and can include
attractive amenities. In purchasing one of these units there will be a lot of people to deal with, from realtors, condo
boards, attorneys, to bankers. There's tons of paperwork with terms and vocabulary that read like a foreign language.
In this new book you will find vital information and great strategies for finding the home you want faster and feeling
confident about the purchase. You will learn to avoid some of the most prevalent and potentially dangerous and expensive
mistakes made by others. The book covers the entire, unique process of buying one of these shared living houses in an
easy-to-understand way, pointing out dozens of hints and suggestion as to what to look for as well as demonstrating the
many mistakes common with these types of investments.
You will learn how to find the best opportunities, to negotiate, finance, budget, handle pre-construction issues, set
values, and make the offer. You will be able to define what you are buying (and what you are not) issues on your right to
sell, lease, or mortgage. You will be prepared for restrictions pertaining to children, pets, parking, vehicles, boats,
music, maintenance of windows, doors, screens, air conditioners, plumbing, club memberships, recreation facility leases,
use of recreational facilities, and common areas. In addition, you will learn the advantages of using credit reports, home
warranties, insurance, creative financing, closing procedures, moving plans, closing and settlement inspections, and
certain legal contracts. You will have instruction in obtaining mortgages which government agencies can help,
considerations for veterans, IRA use, hiring an attorney, calculating monthly payments, and establishing an escrow
account. The real estate and mortgage glossaries alone are invaluable resources, even for the old hand at property
acquisition.
Biographical Note:
Susan Alvis has her Tennessee real estate license in retirement. She is the author of How to Creatively Finance Your
Real Estate Investments and Build Your Personal Fortune: What Smart Investors Need to Know; How to Buy Real Estate Without
a Down Payment in any Market: Insider Secrets From the Experts Who do it Everyday, and How to Become a Million Dollar Real
Estate Agent in Your First Year. Currently, she is working on several non-fiction books on gambling related material as a
ghost writer and under her own name. She has started writing romance novelettes under a pen name and is realizing success
in fiction writing as well. Susan also speaks to teens and young adults in a gripping message every teenager in America
should hear. She lives in Northeast Tennessee with her husband, Brent, and their two children, Matthew and Amber.
