This is an extract from the ebook How to Really Buy a Property.Most of the 'How to buy' property books should really be called 'Why to buy' and spend their pages repeatedly explaining the benefits of owning bricks and mortar. In the vast majority of cases the author was an investor who simply got lucky, made a handsome profit, and now wants to demonstrate that it was all a carefully thought out plan for any layman to follow.
How to Really Buy a Property could not be more different. From the first pages the idea of property ownership is questioned and the text is there to guide you in this important, and potentially disastrous, first step.
Once you know that it is property you want to buy then understanding the theory of the process and marrying it with the reality are essential, whether you are a first time buyer simply looking for a home or an investor building up a portfolio.
The most common theme running through every chapter is that of time and preparation for the unexpected. Knowing why both are critical saves both money and stress. The result is a pain free purchase where you remain fully in control.
Now in its eleventh edition, and fully updated for 2015, there are over 240 packed pages of information complete with charts, diagrams, illustrations and true stories in 23 easily accessible chapters. How to Really Buy a Property covers, among other things:
- Why buying property is right for some and wrong for others;
- How the media have become unreliable indicators of the market;
- Who makes good quality predictions for the property market (and who doesn't);
- How the market works over the short term and the long term;
- The difference between property bubbles and property booms;
- Why it can be a good idea to buy when prices are falling;
- The principles of buying a property to let and what the text books don't tell you;
- Ways to get on the property ladder when it looks impossible;
- How professional buyers and investors work with estate agents to get better deals;
- Why you should see as many Financial Advisers as possible;
- What to do before you start viewing so you don't loose your dream home;
- Who the surveyor, solicitor and estate agent are really working for;
- How to make an offer to get things your way;
- Who to trust and who, with the best intentions, may be misleading you;
- Why you should work to minimise the time between offer agreed and exchange;
- Making sense of a property survey including;
- What type of survey to get and why structural surveys can be money wasted;
- Why surveyors should never estimate the cost of works;
- When rising damp, penetrating damp, subsidence, cracking, sagging roofs, bulging walls and all the other frightening things in a surveyor's report might be serious, and when they are not;
- Why asking the vendor to carry out work is not always a good idea;
- Step by step guides explaining what should be happening, what can happen, and how to solve mole hills before they become mountains;
- Over 140 terms in an easy to use glossary so the jargon of the property industry can be understood;
- 20 true stories of successes and disasters that real people experienced when buying a property.
What this book doesn't do:
- Continuously bang on about how great property is and that it is the only place to put your money!
- Keep recommending businesses that the author has some association with;
- Reword and republish what is available freely from most websites anyway;
- Regale you with tales of how easy it is to buy property and profit.