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The Skinny on the Housing Crisis
 

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


RAND Publishing April, 2009
$12.95 + S&H Paperback(168pp)
$9.95 EBook






Learn How To:

  • Buy and sell like an expert
  • Negotiate on par with real estate agents
  • Obtain the cheapest, best loan products
  • Protect yourself against excessive fees/conflicts
  • Avoid toxic loan products
  • Use a home inspector to your advantage
  • Analyze a home as an investment
  • Speak the lingo the professionals use.



Overview:

The Skinny on the Housing Crisis is an in-depth look into how America dragged itself into the worst housing and credit crisis since The Great Depression. The story is told through the experience of a young couple, Billy and Beth, who in 2006 buy their first house. Two years later, they lose their house to foreclosure.

The Skinny on the Housing Crisis takes the reader through Billy and Beth’s experiences dealing 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. After Billy and Beth close on their home, The Skinny on the Housing Crisis follows the story of their mortgage from lender to investment bank to investor in Europe. We learn how mortgage sales and securitizations became a trillion dollar business, disconnecting the American borrower from the lender and de-humanizing the process.




Check out our Frequently Asked Questions for homeowners and homebuyers.



Endorsements
:

“Jim Randel has put together a no-nonsense, thoroughly readable book on what caused the nation's housing crisis and what we will need to do to get out of it. This plain English analysis of a complex subject is a must read for the millions of Americans impacted by this shattering event.”
- Arthur Levitt, Former SEC Chairman

"This book performs an extraordinary public service, and I hope that it is widely read."
- Richard Blumenthal, Attorney General, State of Connecticut

"The Skinny on the Housing Crisis is critically important reading for anyone contemplating the buying or selling of a home in today’s drastically chaotic housing market and an ideal addition to personnel and community library reference collections."
- Michael Dunford, Midwest Book Review

"The Skinny on the Housing Crisis is a quick and painless way to learn about mortgage securitizations, payment-option loans and even tranches… Randel offers explanations of some of the unsavory industry practices and questionable types of loans that led to the housing crisis."
- The Real Deal New York Real Estate News, Alex Ulam

"The Skinny on the Housing Crisis …Great Book … a very quick and easy read, yet Entertaining and Fun filled with illustrations … It is a MUST READ for the First Time Homebuyer and it would be quite an eye opener for Real Estate Agents."
- The Front Porch Blog

"Jim Randel has created a brilliant and super simple book called The Skinny on the Housing Crisis … this book is a must own to everyone who is looking to buy a house or anyone who has a home currently."
- Virginia Mortgage & Loans Blog




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