Your Map for a Brave New Real-Estate World
The days of real-estate mania when you really couldn t go wrong with buying a home, then selling it in a few years for a lot more than you paid for it are over. Inflated prices and the subprime mortgage crisis have finally burst the bubble. Now, more than ever, it's important for current and prospective home buyers to understand just what they re getting into when they take that plunge and to think smarter when it comes to making the most of their biggest asset.
"The Wall Street Journal. Complete Home Owner's Guidebook "shows readers how to become savvy home buyers and eventually owners not only in this new, uncertain era but in any market:
Understand the benefits and pitfalls of owning versus renting
Make sense of the housing market ask the important questions, factor in the unforeseen costs, and explode the big myths of home ownership
Take advantage of current opportunities if you re a first-time home buyer
Overcome the challenges if you re looking to trade up or cash out on your home for retirement
Make the best profit on your home in any market
Understand why your home your number one asset really isn t such a
About the Author
DAVID CROOK is the editor of "The Wall Street Journal Sunday "and author of "The Wall Street Journal. Complete Real-Estate Investing Guidebook." He developed Home Front and Property Report, the residential and commercial real-estate sections of "The Wall Street Journal." David and his family divide their time between homes in New York City and rural Connecticut.