Curious to know how a seemingly innocent misstep cost an ill-fated couple their cherished home? What could they have overlooked in the buying process? And what can we learn from their heartbreaking experience?

Today, we talk about the story of a couple from the illustrious Gold Coast and how they tragically lost their cherished home due to a seemingly innocuous error.

May this episode serve as a stark reminder for all prospective homeowners about the paramount significance of comprehending the intricate buying process across diverse states and the indispensable need for meticulous research and thorough examination.

It has always been our objective to provide you with the tools and insights required to make well-informed decisions, avoid potential pitfalls, and safeguard your dreams of homeownership. So come and follow us to the Gold Coast to discover why understanding state-specific buying processes is absolutely crucial.

Trust us, this is an episode you wouldn't want to miss.

Tune in now and unlock the keys to a successful and fulfilling home-buying experience.

Episode Highlights:
00:00 - Introduction
03:24 - Couple's long battle over family home
05:08 - Buying property varies by state: Different states, different rules
07:38 - Explaining a caveat
11:46 - Avoiding property disasters by hiring a local buyer's agent
15:07 - The importance of checking for changes before an auction
17:17 - What are the right questions to ask the conveyancer?
21:10 - What is an encumbrance on a mortgage?
23:13 - Why you need experienced people on your crew
27:20 - Worst case scenario you get when you ignore the red flags
Resources Mentioned in this Episode:

➼ Gold Coast couple never legally owned home they purchased at auction, court ruling finds

Other Resources: 

➼ Learn how to buy property without making a mistake with our 10-step online course for first time home buyers

➼ Looking for a Sydney Buyers Agent?

➼ Work with Veronica:

➼ Looking for a Brisbane Buyers Agent?
➼ If you have any questions or would like to be featured on our show, contact us at: [email protected]
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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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?