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Buying Your First Home

Buying Your First Home

By Ilona Bray

Nolo’s Essential Guide to Buying Your First Home. Nolo, 2020.

16 min read28 min listen14 chapters

Summary of Buying Your First Home book by Ilona Bray

A detailed and practical guide for first time home buyers in the United States, covering every aspect of purchasing a house, from choosing a neighborhood to applying for finance, making an offer, and attending closing.

Chapters in Buying Your First Home book summary

Free Sample
1

What do you get from this book? Explanations of every element of the homebuying process

2

The benefits of owning a home outweigh renting—all you need is the knowledge to purchase successfully

3

Understanding your financial situation will help you get preapproved for a loan

4

To choose the right home loan, explore your range of options

5

Get to know the local housing market before you become a serious homebuyer

6

Enlist a team of professionals to help with every stage of the homebuying process

7

Short sales, foreclosures, and properties for sale by owner may provide the right home for the right price for you

8

You’ve found the perfect house, so make an offer and start negotiating your way toward a purchase agreement

9

There’s a lot that needs to be done before closing, including professional property inspections

10

Protect your new investment with appropriate levels of hazard and liability insurance

11

You’ve reached the end of the line—time to close the deal and settle into your new home

12

Summary of the key insights

13

Selected critiques in brief

14

Final word

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Who should read Buying Your First Home book

  • House buyers
  • property investors
  • anyone interested in real estate

About the author of Buying Your First Home

Ilona Bray

Ilona Bray

Ilona Bray, Alayna Schroeder, and Marcia Stewart are part of the team at Nolo and have contributed to several other real estate guides. With extensive legal, editorial, and real estate experience, the authors’ combined knowledge allows them to create practical guides to assist with various aspects of real estate.

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