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The Skinny on the Housing Crisis: What Every Homeowner and HomeBuyer Needs to Know
     

The Skinny on the Housing Crisis: What Every Homeowner and HomeBuyer Needs to Know

by Jim Randel
 

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his is an in-depth look into how America dragged itself into the worst housing and credit crisis since The Great Depression. The reader is introduced to Billy and Beth, and learns about the housing crisis through their experiences with real estate agents, house inspectors, appraisers, mortgage brokers, lenders and attorneys. Each of these encounters is a lesson for

Overview

his is an in-depth look into how America dragged itself into the worst housing and credit crisis since The Great Depression. The reader is introduced to Billy and Beth, and learns about the housing crisis through their experiences with real estate agents, house inspectors, appraisers, mortgage brokers, lenders and attorneys. Each of these encounters is a lesson for any person considering the purchase or sale of a home, investing in real estate or just taking out a mortgage.

We learn how mortgage sales and securitizations became a trillion dollar business, disconnecting the American borrower from the lender and de-humanizing the process.

Editorial Reviews

Patrick Killelea
"The stick figure format is a good way to get across points that would otherwise be lost in abstract arguments.... It really is essential reading for all first-time house buyers. My own 11 year old son read it and understood the conflicts of interest inherent in the advice given by people who get paid only if they convince you you make a bad buying decision."

Product Details

ISBN-13:
9780984139309
Publisher:
Rand Media Co
Publication date:
04/09/2009
Series:
The Skinny On Series
Sold by:
Barnes & Noble
Format:
NOOK Book
Pages:
176
File size:
8 MB

Meet the Author

Jim Randel, a graduate of the Columbia University College and Law School, has made his living as an entrepreneur. During his 30-year career, Jim has been the lead investor in many real estate and business deals.

Jim has been a guest speaker at Harvard and NYU Business Schools, annual conventions for national organizations, and investor sessions in every large city in the United States. He has also appeared on numerous networks as an expert on investing. Recent engagements include ABC, CBS, Fox, Fox Business and BetterTV.com.

Throughout his career, Jim’s passion has been to teach and write. His first book, The Real Estate Game (CCH), was published in 1986 and received national recognition from investors and critics. From 1988 to 1990 he was a daily commentator on the Financial News Network (now CNBC). In 2006 he wrote Confessions of a Real Estate Entrepreneur (McGraw-Hill) which reached #1 in several Amazon categories.

In 2008 Jim founded RAND Publishing which, under the imprint, The Skinny On™, publishes a revolutionary line of illustrated non-fiction books.

The first book in this series, The Skinny on the Housing Crisis, was awarded First Prize in the prestigious Robert Bruss Real Estate Book competition sponsored by NAREE, a group of 600 journalists who cover business and finance. This was quickly followed by 7 more titles: The Skinny on Willpower, The Skinny on Credit Cards, The Skinny on Success, The Skinny on Real Estate Investing, The Skinny on Direct Sales, The Skinny on Time Management, and the newest in the series, The Skinny on Persuasion.

Jim lives and works in Westport, Connecticut with his wife Carol. They have four grown children and two grandchildren.

For more information on Jim Randel, go to: www.jimrandel.com .
For more information about the Skinny on series, go to: www.theskinnyon.com .

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