New book warns of home-buying hangups

Future-Proof: Navigate Threats, Seize Opportunities at ICNY 2018 | Jan 22-26 at the Marriott Marquis, Times Square, New York

In its two prior editions, "Home Buying for Dummies, Third Edition" by Eric Tyson and Ray Brown sold more than 600,000 copies. But the "new and improved" version, while not perfect, makes this best-seller even more valuable for home buyers and their real estate agents. Because of its complete coverage of virtually every home-buying topic, this is still the best "how to buy a home" book currently available. The new edition added extensive coverage of Internet resources for home buyers. This information is especially valuable because more than 70 percent of today's home buyers begin their quest on the Internet. Purchase Bob Bruss reports online. However, the one section that can stand some improvement deals with the vital topic of obtaining a home mortgage. Although the superb chapter on credit scores leads up to the mortgage chapter, the mortgage explanations are a letdown. Also, the pros and cons of obtaining a mortgage online are overlooked. The key subject of APRs (annual percentage...