At Your First Home Buyer Guide, our goal has always been to help you on your property journey and get you to where you want to be by buying your first home without missing a step.

Sometimes, however, part of the journey is finding out that you shouldn’t actually be buying property - and for good reason!

Today, we look at a case study of someone who was 100% committed to buying their first home, only to realise that they shouldn’t purchase just yet!

This episode is vital listening to anyone contemplating home ownership as the insights and information shared can definitely help you avoid throwing money down the drain. 

If you enjoy this episode, do give us a like, share it with others who you know will benefit from the show and subscribe to the podcast! We have loads of resources available and if you’d like to talk with us directly, send us an email at [email protected]!

See you on the inside!

 

Episode Highlights:

1. The story behind this case study [02:27]
2. Saving ‘just enough’ for a deposit is not the way to go! [07:56]
3. Prepare before thinking about buying a property [08:41]
4. The importance of getting the right advisors onboard [11:01]
5. Don’t buy if you see your circumstances changing in the near future [12:59]  
1. Don’t let deadlines pressure you into buying property [14:56]
2. Buying because of your work situation [18:07]


6. Should you rentvest now instead of buying a property? [21:10]
7. When you shouldn’t buy property just yet [23:16]
8. Why do first home buyers scramble to buy property? [25:57] 
9. Don’t buy a property just because people told you to [29:09] 
10. Fear is normal when buying any property [29:51]

 

Link/s from the show:

• Episode 28: How does the pre-approval process work? (with Stuart Wemyss) 
• Episode 9: What is the Importance of a Borrowing Strategy? (with David Johnston) 
• Stepping Stone Strategy 

 

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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