How First Home Buyers Can Overcome Fear of Long-term Debt Commitments

Released Tuesday, 2nd April 2024

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How First Home Buyers Can Overcome Fear of Long-term Debt Commitments

Tuesday, 2nd April 2024

Good episode? Give it some love!

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Feeling scared about taking on a long-term mortgage commitment for your first home? You're not alone! It's quite a common worry but if you let fear hold you back, it can stop you from making your dream of owning a home a reality.

Without facing these worries head-on, you could end up stuck, not knowing how to move forward and buy the house you've been dreaming of.

Today, we have Aaron Christie-David — managing director & mortgage broker at Atelier Wealth, together with Damien Walker — who is director & mortgage broker at the same company. They're here to share some tips on how to tackle those scary feelings about long-term debt.

Join us as we break down the common fears first home buyers face and discover some simple but impactful strategies to beat them. Don't let fear stop you from getting your own place—tune in and take the first step toward owning your dream home.

Episode Highlights:

00:00 - Introduction

02:26 - Meighan’s special house of the week

03:36 - Who are our guests for today?

04:02 - What fears do borrowers, particularly first home buyers commonly have?

06:01 - What is the fear setting process all about?

10:32 - The cost of inaction for fear of taking on a long-term debt commitment

15:48 - Why is fear setting critical in property ventures?

20:17 - Strategies that encourage clients to confront and overcome their home buying fears

22:48 - What kind of fear do first home buyers need to have?

28:51 - Why having the right support crew is the first important step in home buying

32:04 - How different generations can overcome challenges in property ownership

35:09 - Finding the right buyer’s agent to support you in your first home buying journey

37:27 - Benefits of integrating emotional awareness into the home buying experience

39:46 - One thing that Aaron and Damien wished they knew as a first home buyer

About Our Guests:

Aaron Christie-David is the Managing Director of Atelier Wealth, which he co-founded with his wife Bernadette several years ago. Aaron is highly qualified and has a wealth of knowledge and experience in the Finance Industry.

Damien Walker is the Director of Atelier Wealth, and has spent the last 6 years as part of the Atelier Wealth family, bringing both financial qualifications and experience to the team.

Connect with Aaron and Damien:

Website https://atelierwealth.com.au/
Aaron’s LinkedIn https://www.linkedin.com/in/aaronchristiedavid/
Damien’s LinkedIn https://www.linkedin.com/in/damien-walker-/

Resources mentioned in this episode:

Your First Home Buyer Guide Podcast Episode #125: Property Buying Life Cycle: Through the Lens of a Financial Advisor https://homebuyeracademy.com.au/podcasts/125
The Psychology of Money by Morgan Housel https://www.amazon.com/Psychology-Money-Timeless-lessons-happiness/dp/0857197681

Resources:

FREE MINI COURSE: How to price property like a professional https://www.homebuyeracademy.com.au/freecourse
Meet our recommended mortgage brokers at Home Buyer Academy https://homebuyeracademy.com.au/brokers
Visit our website https://www.homebuyeracademy.com.au/
Learn how to buy property without making a mistake with our ultimate 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!