I’ve looked into buying a TRIA and Silk’n Personal home light remover. They say not to use them on the genital area or anus but, sometimes I think it might worth chancing for the price, since one of them has a money back guarantee.
What i have used and I think it worked out fairly well was a cheap product from Sally’s Beauty supply called Surgi-Cream Bikini. Here is a link from Amazon. I’ve heard all the stories about Nair and Veet being used and I did not experience any issues with Surgi. It is fairly cheap and does not take too long to use. But you have to read the instructions, it says that you can not wash with soap or shave in certain time frames before or after (can’t remember has been a couple months).
I’ll say that I’m white, but not sure I would classify myself as having ‘fair’ skin, though it does get pale. And I have dark hair.