PDF Ebook How to Buy a House in California
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How to Buy a House in California
PDF Ebook How to Buy a House in California
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About the Author
Ralph "Jake" Warner,widely recognized as a pioneer of the do-it-yourself law movement, Warner founded Nolo with Ed Sherman in 1972. He began publishing do-it-yourself law books written by him and his colleagues after numerous publishers rejected them. Warner holds a law degree from Boalt Hall School of Law at the University of California at Berkeley and an undergraduate degree from Princeton.
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Product details
Series: How to Buy a House in California
Paperback: 392 pages
Publisher: NOLO; 13 edition (February 3, 2011)
Language: English
ISBN-10: 1413313175
ISBN-13: 978-1413313178
Product Dimensions:
7 x 1 x 9 inches
Shipping Weight: 1.4 pounds (View shipping rates and policies)
Average Customer Review:
4.4 out of 5 stars
14 customer reviews
Amazon Best Sellers Rank:
#3,058,782 in Books (See Top 100 in Books)
My spouse and I are first time homebuyers -- period, not just in California -- so this book came in very handy. We also have a great realtor who explains everything very thoroughly so that helps as well. For a twenty-five dollar book and a realtor who doesn't charge for sharing his endless knowledge, that's a pretty good deal. Rules change all the the time so a realtor is your best bet for the most up-to-date rules/regulations.The NOLO website also has calculators you can use to roughly calculate what your monthly mortgage will be with fees, taxes, etc., so that's also super helpful. Happy house hunting! Seriously...good luck. It's February 2013 and affordable houses are flying off the market. Investors are flipping houses at an alarming rate as well. Yes, a business has to make money somehow, but dang, the "flipped" houses we've been eyeballing have been going for $120k+ above what the investor originally bought it for. Makes a huge difference for someone in our budget. Anyway, that's anecdotal, so it may not be the same in your area; we live in the lower half. California is a big state, so the market may be different depending on where you are.
The authors do a great job of covering aspects of real estate important to California. These include:1. Addressing the high cost of real estate and dealing with down payment requirements.2. California-specific paperwork and legalese.3. Local customs regarding who (buyer or seller) pays fees.This book is less comprehensive with respect to the buy/sell and mortgage financing decision. It is best as an accompaniment to other real estate books.
Exactly as advertised. Thank you!
Nolo is well known for its clearly written do-it-yourself guides to handling legal issues. I've used many Nolo products in the past and have always found them to be informative and practical. "How to Buy a House in California" is no exception.Anybody who is planning to buy a house or condo as a primary residence will find this book to be an invaluable resource. The text is very comprehensive, with guidance in all of the important stages in purchasing residential property: planning, including prioritizing specific wants and needs; financing; working with real estate professionals and service providers; house hunting; negotiating; and taking care of closing and post-closing tasks. There is also a very useful appendix that discusses several aspects of living in California that may be unfamiliar to newcomers, including earthquakes, fires, droughts, and schools.As with just about all Nolo publications, this book is organized in a very straightforward way and is written in a clear, clean style. Each chapter covers a broad topic, such as What Will You Offer?, Working With Real Estate Professionals, or If Something Goes Wrong During Escrow. After a brief introduction, the text explains the key principles underlying each topic and helps you figure out your rights, responsibilities, and strategy. A nice feature is that Nolo has sprinkled brief real-life case studies throughout the book to show how Nolo's advice can be put into practice.The only significant omission is that there is very little discussion of all-cash offers. In the aftermath of the recent implosion of the real estate market, all-cash offers are becoming more common and deserve more extensive coverage than what is provided. It is also important to recognize that the book is not intended for those considering buying income properties or becoming real estate investors.Bottom line: Nolo, as usual, has made a reliable, no frills-no hype guide that helps people navigate a complex activity. You won't find any infomercial-style pitches or dubious schemes here. If you're thinking about buying a house (or in the middle of the process even), " How to Buy a House in California " is an outstanding resource for doing everything the right way.
'This is an excellent book for the first home buyer though some information is too brief and somewhat dated (despite this being a 2011 edition). For example the book mentions the option of getting loans or gifts from family in order to increase a down payment. My lender specifically asked me for documentation to verify that down-payment came from my own funds and not from external accounts. Despite these few subtle inaccuracies, the book provides an excellent overview of a scary process.*** Positive Points: ***- Provides enough detail to keep you interested without getting overly complex- Has some easy to follow case scenarios that further help you understand the process- Covers every step of the process from finding an agent to buying homeowners insurance. This truly a wealth of knowledge.'*** Negative Points: ***- As previously mentioned some of the details are a bit outdated. This is probably due to changing landscape of the housing market'OVERALL: This is a must have for anyone who is new to real estate and is thinking to buy a home (not just in California either).
This is actually my first Nolo book. As a 20-something in California hoping to become a first-time homebuyer in the next year I found this book to be extremely helpful. The world of home buying can be quite intimidating and the last thing you want to do is rush in unprepared and fall in love with a house you either can't afford or that's not suitable for you. From selecting the right house, mortagages, working with realtors, negotiating, handling inspections... this book really has it all. I feel much more familiar with the process of home buying in California. Thank you Nolo for the great guide!PS- The publisher offers online updates to keep you in touch with the rapidly changing rules and regulations in California so you don't have to worry that the information in this book will be outdated shortly after you purchase it.
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