Buying your first home can feel really challenging without a clear guide to follow. This lack of understanding can lead to confusion, frustration, and costly mistakes throughout the home buying process.

Without a clear roadmap to follow, individuals may miss crucial steps or make uninformed decisions that will, in turn, impact their financial wellbeing.

In this episode, we provide a straightforward breakdown of the 10 essential steps you need to follow when buying your first home.

If you're contemplating purchasing your first home but feel overwhelmed or just need a refresher, this episode has everything you need to take the next step. Tune in now.

Episode Highlights:

00:00 - Introduction

05:29 - Phase 1: Preparation

06:16 - Step 1: Having a good support crew

09:21 - Step 2: Setting aside money

11:57 - Step 3: Planning

15:06 - Phase 2: Action

16:05 - Step 4: Search and inspect

18:44 - Step 5: Revise and correct

22:31 - Phase 3: Commitment

22:41 - Step 6: Methods of sale

24:17 - Step 7: Evaluation

30:18 - Phase 4: Execution

30:40 - Step 8: Contract of sale

33:59 - Step 9: Negotiation and auction

37:25 - Step 10: Settlement

Resources mentioned in this episode:

• Your First Home Buyer Guide Podcast Episode #164: 10 Things We Wish We Knew as First-time Home Buyers https://homebuyeracademy.com.au/podcasts/164

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 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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