Have you ever felt the "fear of missing out" on property?

Maybe you're a first time buyer who wants to get onto the ladder as quickly as possible but seem fraught with hurdles left and right?

Whatever the case, it's completely normal to feel pressured to buy now. Before you make the jump however, you need to be well-prepared and be aware of what you're getting into!

In this episode we talk about the many different options available out there to get onto the property ladder quicker. We share tips as well as dos & don'ts when engaging the "bank of mum & dad", paying LMI, utilising the Federal Government's Deposit Guarantee scheme and plenty more!

There's so much gold to uncover in this episode so let's get into it!

Episode Highlights:
• Hitting the "bank of mum and dad" [04:31]
• Don't change jobs just yet! [10:25]
• Speed up your entry by paying LMI (Lenders Mortgage Insurance) [12:07]
• Utilise the Federal Government's Deposit Guarantee scheme [15:42]
• The "smart-not-fearful" approach [19:24]
• Is now a good time to buy? [20:34]
• Using the stepping stone strategy [24:11]
• Consider going the co-ownership route [27:05]
• How about rentvesting? [31:57]
• Why we don't recommend relying on government grants [34:00]
• Don't wait for prices to drop [37:17]
Link/s from the Show:
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How ready are you to buy your first home?

Veronica Morgan & Meighan Wells 

Veronica & Meighan are both licensed real estate agents who exclusively help buyers. Together they have nearly 40 years experience as property professionals.

Veronica is principal of Sydney based Good Deeds Property Buyers and is also co-host of The Elephant in the Room property podcast as well as Location Location Location Australia on Foxtel and author of Auction Ready: how to buy property at auction even though you're scared s#!tless!

Meighan is the multi award winning principal of Brisbane based Property Pursuit, chairperson of the REIQ Buyers Agent Chapter & a regular media commentator.

We are here to guide you through your home buying journey

How ready are you to buy your first home?