When you understand common terminology and industry jargon, it will be so much easier to to understand what agents and other professionals are saying!

This is the second of a three part series, The A-Z of Understanding Property Jargon. In this episode Meighan and Veronica will walk us through everything you need to know from "E-N".

If you have ever heard lingo being thrown around and not quite sure what it means?. Or if you want to gain a deeper understanding of all things property to help you during your purchase... then this is the episode for you!

Episode Highlights:
1. What Is An Encumbrance? [03:33]
2. First Right Of Refusal? Is it a right or a courtesy? [07:22]
3. What Is Freehold Hand and Fee Simple? [09:42]
4. How Much You Borrow vs How Much You Are Putting In? [12:54]
5. Home Inspection [16:32]
6. The Jurisdiction you're in makes all the difference [19:19]
7. Lender's Mortgage Insurance doesn't cover you [22:11]
8. Mortgage: A Legal Document or a Debt? [26:24]
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?