It takes a looong time to save up a deposit for your first home. And often, homebuyers wonder when it's time to go from 'saving mode' to 'searching mode'.

Are my savings enough to cover the deposit? Are my property expectations and expected living conditions in order? Am I comfortable in dealing with real estate agents? – these are just some of the questions you, a first home buyer, should be asking yourself!

In today's show, we're running through 10 things that will help you know when you're ready to buy your first home!

If you enjoy the show, do like, rate, subscribe, and share it with others! We have loads of resources available and if you'd like to chat, email us at [email protected]!

We'll see you on the inside!

Episode Highlights:
1. Knowing how much money is needed for the deposit & purchase costs [04:48]
2. Understanding when it's a good idea to pay Lenders Mortgage Insurance [06:33]
3. Knowing how low interests affect features [07:47]
4. Being aware that not all properties go up in value [09:40]
5. Looking ahead on your living conditions [11:44]
6. Working out the right price to pay [14:58]
7. Engaging with a lawyer or conveyancer [16:02]
8. Dealing with and trusting sales agents [17:37]
9. Researching your due diligences [19:55]
10. Being confident in negotiating [23:49]
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!
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?