First-Time Home Buyer

Save a fortune at the closing table and beyondand dodge the common financial pitfalls of first-time homeownershipwith exceptionally practical and clear advice (Grant Sabatier, bestselling author of Financial Freedom).No matter how much you want to escape the renters cycle, buying a house isnt always a good investment. Your home can make or break your chance to generate wealth and freedomand this book will show you how to make the right decisions to give you the most financial flexibility possible.Scott Trench and Mindy Jensen of the BiggerPockets Money Podcast have been buying and selling houses for a collective thirty years. In First-Time Home Buyer, theyll give you a real-world masterclass in the home-buying process (Brad Barrett, co-host of the ChooseFI Podcast)so you can consider all of your options and avoid common mistakes before you jump into the life-changing role of homeowner. Buy your first house with your eyes wide open, and learn the strategies that will help you build a strong financial foundation for life.In this book, youll learn:How to find and analyze the homes you can actually affordWhen to buy a house instead of rentingand what to look for and avoidHow to improve your financial fitness before your next big purchaseWhich early decisions and steps will help you turn your first home into a future cash-flowing investmentWhether fixer-upper houses and home renovations are really worth itHow to choose a real estate agent and a lender who have your best interests in mindAn experts view of the housing market and buying processfrom loan pre-approval to submitting offers, home inspections, closing, and everything in between!