Buying a home for the first time or selling a home for the first time are both huge endeavors. And most homeowners go into the process blind. Having never experienced the process of buying or selling, homeowners can easily find themselves losing time, losing money and losing patience, all because they were under or ill-informed.
But it doesn’t have to be that way! There are a ton of incredible resources out there for first time buyers or sellers to help walk them through the process, including the good old-fashioned book.
Here are 6 books you should read before buying or selling your home to save you time, money, energy and a bundle of frustration.
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1. Homebuying For Dummies, Eric Tyson and Ray Brown
Homebuying For Dummies, now in its 4th edition, is the quintessential guide for any newbie homeowner getting ready to make the purchase of a lifetime. Just like the rest of the contributions to the massively popular For Dummies series, this book gives step-by-step instructions on how to buy your first property. The volume covers everything from finding the right property, understanding your lending options and the tax implications of purchasing a home.
2. Mortgages For Dummies, Eric Tyson and Ray Brown
Sticking with the For Dummies series, first-time homebuyers who don’t fully understand what it means to purchase a house with a loan should definitely check out Mortgages For Dummies. Not only does this volume break down the basics of mortgages, like what they are, the difference between fixed rate and variable rate mortgages and how to secure your loan, it also breaks down how to determine how much house you can afford, how to get your finances in check before you apply and even tips for raising your credit score to clinch a lower interest rate.
3. 100 Questions Every First-Time Homebuyer Should Ask, Ilyce R. Glink
Written in easy to understand question and answer format, this first-time homebuyer guide from real estate expert Glick digs deep into virtually any question a first-time homebuyer might have in today’s market.
In 100 Questions Every First-Time Homebuyer Should Ask, Glick leveraged expertise from top real estate brokers around the world to create what is essentially the encyclopedia for buying your first home. Questions run the gamut from how to have your potential purchase tested for harmful substances like mold or radon to how the purchasing process has evolved in recent years – and how you can make those changes work for you.
4. House Selling For Dummies, Eric Tyson and Ray Brown
Tyson and Brown created another essential how-to guide, this time for sellers, with House Selling For Dummies. This edition will give you all the information you need to make the most out of the home selling process and get the maximum profit for your home. Topics include how to best prepare your home to put on the market, the best time of year to list your home, how to find the best real estate agent and negotiating tips to ensure you get the best offer on your property.
5. How To Sell A House Fast in a Slow Real Estate Market: A 30-Day Plan For Motivated Sellers, William Bronchick and Ray Cooper
Whether you’ve already purchased a new home or you’re in the red on your mortgage, there are going to be times you need to sell sooner rather than later. For those sellers who are looking to unload their property fast, How To Sell A House Fast in a Slow Real Estate Market: A 30-Day Plan For Motivated Sellers is a great guide for securing a quick selling process, even if the market in your area runs slow. This guide is full of practical advice on how to leverage marketing techniques, advertising and improvements to the property to get your house sold quickly and (relatively) easily.
6. The Complete Idiot’s Guide To Staging Your Home To Sell, Julie Dana
One of the major components of selling your home for a prime price is showcasing your property in its best light. Staging your home in a way that makes it most appealing to potential buyers can mean the difference between getting an offer you’re excited about or consistently falling short on your asking price. The Complete Idiot’s Guide To Staging Your Home To Sell gives you step-by-step instructions on how to effectively stage each room in your home for maximum impact. This book is especially helpful for the design-challenged and will have even the most novice interior designer staging rooms like a pro.
If you’re gearing up to buy or sell your home, grab a cup of tea, get comfortable and read these books. Your wallet – and sanity – will thank you.