Mortgages for Dummies®

A helpful companion to the related "Dummies" titles on home buying and personal finance, this guide explains every aspect of applying, qualifying, and paying for a home mortgage. It's a cautionary tale that teaches how to do the preparation, avoid the pitfalls, and manage the practicalities necessary to get approved for a mortgage that's within your means to handle. In addition to explaining title insurance, liens, foreclosure, rate adjustments, prepayment penalties, appraisals, and property taxes, the authors offers advice on overcoming poor credit and managing spending so money can be saved for a down payment. Even when word combinations are clumsy, Brett Barry makes everything sound smooth and understandable. He handles the authors' attempts at humor with grace and sounds perfectly in tune with the program's intentions. T.W. (c) AudioFile 2007, Portland, Maine