The Common-Sense Mortgage by Peter G. Miller (Harper & Row, 234 pages, $13.95) is an attempt by a Washington, D.C.-area real estate broker and writer to demystify the subject of housing finance. He reduces the jargon to the minimum and explains how various forms of mortgages work. He also shows how to reduce the total cost of the loan by increasing monthly payments. One of the best available guidebooks to the realty financing jungle.
The Real World of Buying and Selling Your Home by Bob Dean (Derlinger's Publishers Ltd., P. O. Box 76, Fairfax, Va., $6.95, 208 pages) is exactly what the title says it is. The paper-bound book has crude illustrations and uses Eastern terminology ("rambler" instead of "ranch-style"), but the writing style avoids sleep-inducing real estate jargon. A fairly good guide to the subject.
All America's Real Estate Book by Carolyn Janik and Ruth Rejnis (Viking Penguin Inc., 40 W. 23rd St., New York 10010; 850 pages, $29.95) is a guide to buying, selling, renting and investing. Among the topics are: How to pick the right property; how to get the most from a real estate agent; how to negotiate the best price; how to compare mortgages; housing advice for the handicapped, and how to deal with zoning and local taxation. 31 Financial Secrets by Paul Douglas Catchings (Long Range Planners Co., P. O. Box 60400, Pasadena 91106, 274 pages, $49.95 plus $2.50 postage and handling, plus 6 1/2% sales tax for California residents) is a rambling, discursive tome that eventually gets around to promoting the author's AMOR 3169 mortgage, which apparently permits faster equity buildup than the traditional 30-year fixed-rate mortgage. The book also seems to be part of a series of seminars promoted by the author. Anyone who can read this book certainly deserves to be rich!