Now updated America's #1 bestselling home-buying book! Want to buy a house, but concerned about the market? Have no fear this trusted guide arms you with Eric Tyson and Ray Brown's time-tested advice and updated strategies for buying a home in current market conditions. You'll discover how to find the right property, make smart financial decisions, and understand the latest lending requirements and tax implications. New to this edition new and expanded coverage to help homebuyers take advantage of low home prices, understand the subprime mortgage crisis, obtain a mortgage, and improve credit scores To buy or not to buy? weigh the advantages of owning versus renting, get your finances in order, and know how much house you can safely afford Handle financing understand your credit rating, navigate the different types of mortgages, and complete all paperwork Play the real estate game find the right location and property, assemble an all-star real estate team, and make the most of the Internet's real estate resources Let's make a deal negotiate with finesse, make successful offers, inspect and protect your new home, and cover all your bases in escrow "Invaluable information, especially for the first-time home buyer." Fort Worth Star-Telegram "A reference you'll turn to time after time." St. Petersburg Times Open the book and find: Reasons why home prices rise and fall Hands-on instruction for buying a home in up or down markets How to pay the price you want The best mortgage options A sample home-buying contract Pros and cons of comparable market analysis Tips for overcoming mortgage and appraisal problems How to cope with buyer's remorse The best real estate Web sites