Featuring fully revised facts and figures that reflect the most recent changes in the real estate market, Tips and Traps When Buying a Home, Third Edition provides first-time and experienced home buyers alike with practical, step-by-step information on a broad range of proven home buying strategies, along with indispensable advice and guidance on: buying in an "Up" market, "Flipping," buying with "options," bidding wars; the latest new financing options; and the new rules of closing costs.