Buying your first property is already nerve-wracking — but nothing rattles buyers more than hearing, “There’s another offer on the table.” Is it true competition, or just a sales tactic designed to push you into bidding more than you planned?
Imagine saving for years, finally building up a $43,000 deposit, only to risk losing it all because of one overlooked detail. That’s exactly what happened to a Victorian first home buyer caught out by a little-known property type — and the fine print of a government scheme.
From cracked balconies and scary strata reports to surprise levies and even the risk of being gazumped, first home buyers often feel like they’re walking through a minefield of hidden risks. These issues can seem overwhelming at first glance — but many of them can be managed if you know what to look for and how to prepare.
Feeling stuck or overwhelmed buying a home for the first time? This episode guides you through buyer fatigue, smart resets, and tips for navigating the stress.