Here is a list of the Chapters and some of the cool stuff found in each. Of course, there are tons more stuff, but then this would be an index and really really long.
Introduction and stuff
- Dedicated to my Dad
- why I wrote this book
- how the reader can get free updates on the material
Chapter 1: An Extra long Chapter on the All Important Credit Score
- why are inquiries so bad and what are the untruths told about them
- don’t close those credit cards so fast
- how to create a credit profile if you do not have one
- Rapid Rescore Response: Does it really increase my FICO score in 48 hours
Chapter 2: Income: Yeah, you need that
- When does not working still produce enough income
- New rules for foreign nationals
- Didn’t sell your house yet? how do you buy a new one
Chapter 3: Show me the money!
- Cash reserves are more important than good credit
- When is a loan from my father-in-law considered a gift
- They seller wants to pay my closing costs, how nice!
Chapter 4: Are you paying too much for that house?
- Home inspections for the paranoid and skeptics
- Can I buy a home with an illegal apartment in the basement
- Lenders handle declining market values with a heavy hand
Chapter 5: What mortgage is best for you?
- First time homebuyer mortgages: Special mortgages for special people
- A few pitfalls with ARM’s (get it?)
- How to avoid paying Private Mortgage Insurance
Chapter 6: What kind of home am I buying?
- Owning and living in a multi family home
- What’s the difference between a condo and a cooperative apartment
- Do I really want to deal with a construction loan
Chapter 7: The Mortgage Process
- Pre-approval v. pre qualification
- How does technology help me get a better mortgage
- Who decides if I can get a mortgage
Chapter 8: Protecting your home ownership in case of dispute, divorce or death
- I have to pay the mortgage even if the house burns down
- The amicable divorce
- Transferring ownership without telling the bank
Chapter 9: Where do I get this mortgage?
- The virtual lender
- Why you cannot get a loan directly from FannieMae
- Mortgage broker v. mortgage banker
Chapter 10: Your closing
- How do I lock in at the lowest interest rate
- Why are the fees so high
- Don’t refinance you mortgage, pay it off faster and save a bundle
Chapter 11: You’re a Homeowner Now!
- Maintaining a good financial picture
- Keep that front lawn pretty
- Moving on up
- What if you die?
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