Customer Reviews for

Homebuyers Beware: Who's Ripping You Off Now?: What You Must Know About the New Rules of Mortgage and Credit

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  • Posted May 22, 2010

    I Also Recommend:

    Inside Information for Home Buyers

    This book taught be what goes on inside the mortgage business and enabled me to save over $1,000 in closing costs. For example, I learned about yield spread premium, the back-end commission the loan officers never tell you about. The first loan officer I talked with claimed they didn't have it, but then on further questioning, admitted they did but didn't disclose it because they are a direct lender.

    This is just one of many scams out there. By looking at the list of fees in this book, I knew which were legitimate and which I could negotiate. This saved me $1,050 in cash to close. That is quite a good investment on the price of the book!

    The entire financing process from choosing a lender to closing is covered. For people who need to improve their credit, there are good tips that are more advanced than what you read online. (Who doesn't know to "pay your bills on time"? Carolyn Warren actually tells you how to get a late payment off your report.)

    There are also chapters for people who are refinancing, in spite of the title.

    I recommend this book for anyone getting a mortgage.

    3 out of 4 people found this review helpful.

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  • Anonymous

    Posted October 17, 2013

    Nice sample

    Not bad.

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  • Anonymous

    Posted December 27, 2011

    Note only includes Intro & Chapter 1

    Just based on the first chapter, it looks like this will be readable, but not as much depth as the intro suggests.

    0 out of 2 people found this review helpful.

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    Posted December 15, 2011

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    Posted January 19, 2012

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    Posted October 28, 2009

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    Posted October 27, 2009

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    Posted January 3, 2012

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    Posted January 10, 2012

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    Posted October 25, 2009

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