Buying your first home? Ever wondered what important information you might be missing? Without essential knowledge, first-time homebuyers can make costly mistakes that could affect your financial stability and overall satisfaction with your purchase.

In today's episode, we share the top 10 things we wish we knew when we were first-time buyers. From understanding mortgage options to learning how to negotiate effectively, we give practical tips and share our personal experiences to help you make smart decisions on your home buying journey.

If you want to avoid rookie errors and feel more confident about buying your first home, listen to this episode now.

Episode Highlights:
00:00 - Introduction
02:19 - Meighan's special house of the week
03:50 - Lesson #1: The importance of understanding the buying process
06:05 - Lesson #2: How to find the right people to help in the home buying journey
10:08 - Lesson #3: Knowing what to look for in a property
14:45 - Lesson #4: Working out what to pay
17:27 - Lesson #5: What NOT to do with a renovation
21:47 - Lesson #6: Who are the agents really working for?
25:17 - Lesson #7: How to structure things from a financial perspective
29:54 - Lesson #8: How much extra money one would need for additional costs
32:40 - Lesson #9: Thinking too long-term
35:10 - Lesson #10: Thinking too short-term
Resources mentioned in this episode:

➼ Your First Home Buyer Guide Podcast Episode #41: 6 Things We Wish We Knew Before Buying Our First Property

➼ Your First Home Buyer Guide Podcast Episode #48: What You Need to Know Before Buying Property to Renovate

➼ Your First Home Buyer Guide Podcast Episode #67: How to Deal with Real Estate Agents

➼ Your First Home Buyer Guide Podcast Episode #9: What is the Importance of a Borrowing Strategy?

➼ Your First Home Buyer Guide Podcast Episode #87: Avoiding Unexpected First-Home Costs: What to Expect

➼ FREE MINI COURSE: How to price property like a professional

➼ 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?