The days of real-estate maniawhen you really couldn't go wrong with buying a home, then selling it in a few years for a lot more than you paid for itare over. Inflated prices and the "subprime" mortgage crisis have finally burst the bubble. Now, more than ever, it's important for current and prospective home buyers to understand just what they're getting into when they take that plungeand to think smarter when it comes to making the most of their biggest asset.
The Wall Street Journal. Complete Home Owner's Guidebook shows readers how to become savvy home buyersand eventually ownersnot only in this new, uncertain era but in any market:
Understand the benefits and pitfalls of owning versus renting
Make sense of the housing marketask the important questions, factor in the unforeseen costs, and explode the big myths of home ownership
Take advantage of current opportunities if you're a first-time home buyer
Overcome the challenges if you're looking to trade up or cash out on your home for retirement
Make the best profit on your home in any market
Understand why your homeyour number one assetreally isn't such a
great investment