Hosted by Dominique Grubisa | 28.07.2022 Podcast Episode #22

6 Things You Need To Know Before Buying Your First Home | #22

In today’s episode of The Property Lovers Podcast we discuss the 6 things you need to know before buying your first home.

Right now we have a changing market, with inflation on the rise, the cost of living crisis deepening and global economies in a tailspin, the goalposts keep changing. Getting into the market as a first home buyer has always been challenging but this shift in the market could be an era of great opportunity and the break you have all been looking for.

The fact is there never will be a perfect time to invest because there is no ‘good’ or ‘bad’ market, it is all relative. That is why we sat down to discuss the 6 things you need to know before buying your first home so that you can start or accelerate your property journey

We delve into:

  • How to get financing as a first home buyer
  • What types of financing are available to first home buyers
  • Breaking down inflation for first home buyers
  • What an indicative approval is and how to receive one from your bank
  • The criteria the banks check in order to service your loan
  • How to get your ducks in a row before you apply for your home loan
  • How to become an area expert
  • Who to network with as a first home buyer
  • The how and why to being BOLD in negotiations
  • The government grants and guarantees available for first home buyers
  • The best strategies to get first home buyers into the market

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