We take a closer look at this option with the guidance of our expert guest, Jenny Fagg — CEO and co-founder of 2Be. Jenny, who we are honoured to be here with today, provides valuable insights into the various financing options available to first home buyers and offers a balanced perspective on the potential advantages and considerations of parental assistance.
Understand the complexities behind how parental support can influence your home-buying journey as we delve into its effects on affordability and accessibility. We explore the ways in which financial help from parents can help overcome rising property prices and stringent lending criteria. At the same time, we discuss the potential implications of alternative financing options, such as an imbalance in the housing market.
If you're a first home buyer eager to understand how your parents can help you achieve your homeownership dreams, this episode is a must-listen. Gain a comprehensive understanding of how parental support can influence your home-buying journey and explore the potential benefits and challenges associated with it.
Connect with Jenny Fagg:
➩ Follow Jenny on LinkedIn: https://www.linkedin.com/in/jenny-fagg-74521951
➩ Visit their website: https://www.2be.com.au/
➩ Make the best bank of mum and dad decision: https://www.2be.com.au/education-documents
➩ Setting up the Bank of Mum and Dad to Success: https://www.2be.com.au/bank-of-mum-dad/setting-up-the-bank-of-mum-and-dad-for-success
➩ Financial Firepower Calculator https://www.2be.com.au/calculators/financial-firepower-form
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.