Regardless he is very knowledgable about real-estate in the bay area. He's the guy that goes shopping and come homes with some of those free home sales magazines in the paper stands. Anyways he referred a book to me wich I researched and will describe in the following post.
It's called :The Smart Consumer Guide to Home Buying and it evidently illustrates the ins and outs of the real estate market.
For about $20 after shipping on Amazon.com you will get a complete understanding of the following concepts:
-Consideration of family needs: how many rooms, what kind of neighborhood, access to schools, shopping, and the like
-Is the home affordable? Considerations include the size of the down payment, the size and type of -mortgage, projecting monthly payments, and allowing for unforeseen expenses
-Making an offer and negotiating with sellers and real estate agents
-The close, settlement, and escrow
-Remodeling: adding to a home and making improvements
-Investment Property: understanding market values
-Selling a home . . . and much, much more
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