Then, he launches into a detailed explanation of how to buy a fixer-upper well below market value to allow finance room for necessary renovations. He even provides an example of a friend who did exactly that. As an experienced buyer and real estate investor, Irwin approaches home buying as an investment, as well as an emotional experience. He suggests buying with an eye toward profitably reselling in the future. Most important, before looking at homes, Irwin recommends getting preapproved for a home mortgage, including checking your credit report and shopping for a mortgage on the Internet.
Considerable emphasis is spent discussing agents.
Then, Irwin compares listing agents, buyer's agents and dual agents representing both parties, and he even explains how to change agents if you're not satisfied. Irwin has been buying and selling real estate, as well as writing about it, for many years. His practical approach explains what works and what doesn't. On my scale of one to 10, this excellent new book rates a solid 10. Starting With No Cash by Tyler G. Hicks.