• Home Buyer for Beginners: Reposition Apartments for Big Profits - The Complete Playbook

  • By: William Richards
  • Narrated by: Lauren Garvin
  • Length: 3 hrs and 8 mins
  • 5.0 out of 5 stars (22 ratings)

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Publisher's Summary

Are you ready to buy a house? You'll need to consider more than just finances.

Buying a home can seem like a daunting process - it just may be the most expensive and emotionally charged purchase of your life. But even during a pandemic, with careful research and determination, the keys to that dream home can be yours. We’ll help you along your path toward homeownership.

Key takeaways:

  • Ideally, you should stay in a home for at least three to five years to break even on your mortgage
  • Your mortgage payment should be 25 percent or less of your pre-tax income
  • Get a thorough home inspection before you buy so there aren’t any surprises
  • Have savings set aside to cover emergency repairs before you buy a home

This guide lays out the facts to know to help decide if you're ready for homeownership.

How to buy a house in 2021.

What to consider. Is now a good time to buy a house?

Yes and no. Mortgage rates fell to record lows in 2020, but strong demand for homes pushed prices up and frustrated many potential homebuyers. There are opportunities to lock in an affordable mortgage. Experts predict interest rates will rise this year, but remain at historically low levels. The 30-year fixed-rate mortgage fell below 3 percent in December.

Home prices, meanwhile, aren’t getting any cheaper. Annual home price growth is expected to increase by 4.1 percent by October 2021, according to real estate data firm CoreLogic. Waiting too long to buy might mean getting priced out of more-desirable neighborhoods.

In many areas of the country, realtors reported intense competition for homes last year.

“There’s 40 people in line. It’s unbelievable”, says Donnell Williams, owner of Destiny Realty in Morristown, New Jersey, and president of the National Association of Real Estate Brokers.

That reality has created inevitable concerns about buying at the peak. Home values go up over time, but there is a possibility that prices in some places have hit a plateau.

In this audiobook you’ll learn:

  • Your first home: What are the costs of the mortgage?
  • The 5 rules to follow when choose a house
  • Evaluate the houses
  • Make an offer
  • Buying a house: What to check when deciding to do so
  • Regularity of the documentation relating to the property
  • Real value of the property
  • Elements that determine the value of a property
  • The inspection visits
  • Why contact an architect for an inspection?
  • Choosing a house with Feng Shui
  • The questions you need to ask yourself in choosing a house
  • Check acoustic comfort
  • Check for garage / parking space
  • Don’t get caught up in emotions
  • Warning signs
  • How to negotiate the purchase of a house: the secret is not to hurry?
  • Buying a house as an investment
  • The price: How, when, and if to negotiate
  • And much, much, more!
©2021` William Richards (P)2021 Jing Juan

What listeners say about Home Buyer for Beginners: Reposition Apartments for Big Profits - The Complete Playbook

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Profile Image for Riddo
  • Riddo
  • 04-15-22

Very informative I think this audiobook is great

Very informative

I think this audiobook is great for people who want to start making money online and better than any other online business out there.

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  • Mary S. Sams
  • 04-10-22

Amazing! This is a complete guide to buying your

Amazing!

This is a complete guide to buying your first home. The authors cover everything you need to know in full detail. Thank you for providing so much valuable contents.

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  • Dan M Cole
  • 04-10-22

Thank you!!!

Great book (and jokes, lol). This is the perfect book for everyone starting out Especially if you want to be a real estate investor. This really helped me valuate my mindset about the overall home buying process so that now I can make a good long-term decision and take action. Thank you

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  • Hugh K Rose
  • 04-10-22

Informative Liked it.



Liked it. Informative book with nice narration. A lot of material shared that a new buyer needs to know.

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  • Federico S Kennedy
  • 04-10-22

Thank you!!!

Thank you!!!

Great book (and jokes, lol). This is the perfect book for everyone starting out Especially if you want to be a real estate investor. This really helped me valuate my mindset about the overall home buying process so that now I can make a good long-term decision and take action. Thank you

  • Overall
    5 out of 5 stars
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  • Rachel F Day
  • 04-10-22

The Bible to first time homebuying

The Bible to first time homebuying

This book breaks down the entire home buying process and adds professional experience in what to look for in buying a home.

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    5 out of 5 stars
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  • James S Macarthur
  • 04-10-22

a great book! listen to this if you are a first

a great book!

listen to this if you are a first time home buyer! definitely helped me

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  • Washington
  • 04-10-22

Great combination of broad overviews and detailed

Great combination of broad overviews and detailed tips

They covered a complex topic wonderfully.
Very easy and enjoyable listen. They took a broad 3,000 foot view on the entire process, provided actionable information on a TON of key specifics, and good intel on where to turn for more information that will be specific to the reader’s own circumstances where it was needed. Books like this can often be either a slog through hyper specific details that a novice can’t understand, or a bunch of non specific jargon that sounds good but doesn’t give you anything actionable to work with. This book avoided both of those traps wonderfully with a nice dose of humor to go with it.
Great read for a prospective first time home buyer.

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  • David Theodore
  • 04-09-22

As someone saving to buy my first home, this book

As someone saving to buy my first home, this book was invaluable! Especially the part about real estate agents, finding the best rates for a mortgage, and how emotional homebuying gets.

The performance was very well done and very easy to listen to, especially the puns… This is a must read for anyone thinking about buying their first home!

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  • Alex Caleb
  • 04-09-22

Great Home buying Info



I wish I would have had this book when I bought my first property! Great read and useful info