Buying your first home?  Ever wondered what important information you might be missing?   Without essential knowledge, first-time homebuyers can make costly mistakes that could affect your financial stability and overall satisfaction with your purchase.

In today's episode, we share the top 10 things we wish we knew when we were first-time buyers. From understanding mortgage options to learning how to negotiate effectively, we give practical tips and share our personal experiences to help you make smart decisions on your home buying journey.

If you want to avoid rookie errors and feel more confident about buying your first home, listen to this episode now.

Episode Highlights:

00:00 - Introduction

02:19 - Meighan’s special house of the week

03:50 - Lesson #1: The importance of understanding the buying process

06:05 - Lesson #2: How to find the right people to help in the home buying journey

10:08 - Lesson #3: Knowing what to look for in a property

14:45 - Lesson #4: Working out what to pay

17:27 - Lesson #5: What NOT to do with a renovation

21:47 - Lesson #6: Who are the agents really working for?

25:17 - Lesson #7: How to structure things from a financial perspective

29:54 - Lesson #8: How much extra money one would need for additional costs

32:40 - Lesson #9: Thinking too long-term

35:10 - Lesson #10: Thinking too short-term

Resources mentioned in this episode:

• Your First Home Buyer Guide Podcast Episode #41: 6 Things We Wish We Knew Before Buying Our First Property https://homebuyeracademy.com.au/podcasts/041
• Your First Home Buyer Guide Podcast Episode #48: What You Need to Know Before Buying Property to Renovate https://homebuyeracademy.com.au/podcasts/048
• Your First Home Buyer Guide Podcast Episode #67: How to Deal with Real Estate Agents https://homebuyeracademy.com.au/podcasts/067
• Your First Home Buyer Guide Podcast Episode #9: What is the Importance of a Borrowing Strategy? https://homebuyeracademy.com.au/podcasts/009
• Your First Home Buyer Guide Podcast Episode #87: Avoiding Unexpected First-Home Costs: What to Expect https://www.homebuyeracademy.com.au/podcasts/087

Resources:

• FREE MINI COURSE: How to price property like a professional https://www.homebuyeracademy.com.au/freecourse
• Visit our website https://www.homebuyeracademy.com.au/
• Learn how to buy property without making a mistake with our 10-step online course for first time home buyers https://homebuyeracademy.com.au/YFHBG
• If you have any questions or would like to be featured on our show, contact us at: Your First Home Buyer Guide Podcast [email protected]
• Looking for a Sydney Buyers Agent? https://www.gooddeeds.com.au
• Work with Veronica: https://www.veronicamorgan.com.au
• Looking for a Brisbane Buyers Agent? https://www.propertypursuit.com.au/
• Work with Meighan: https://www.linkedin.com/in/meighanwells/

If you enjoyed today’s podcast, don’t forget to subscribe, rate, and share the show! There’s more to come, so we hope to have you along with us on this journey!

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