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… See more details below

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

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