Sign up for our FREE 8-week course to get on the property ladder.
Podcast: 7 common mistakes first home buyers make
How to navigate the purchase of your first property like a pro.
We’re reader-supported and may be paid when you visit links to partner sites. We don’t compare all products in the market, but we’re working on it!
You only get to buy your first property once. Better do it right!
In this episode of Pocket Money, we take a look at some of the common mistakes that people make when first jumping into the housing market.
To help us through the ins and outs of the first home buyer experience, we've invited our friend and property expert, Michael Yardney back to the studio. You can also find him on the popular Michael Yardney Podcast twice-weekly.
We discuss seven common mistakes that first-time buyers often make from research to finance, and we talk about how to manage the emotions of everything from the loan application to the auction.
This is the first episode in a two-part series about property buying mistakes. Subscribe now so you can get next week's episode, which is all about the things you should avoid as a property investor.
Mentioned in this episode
- The Michael Yardney Podcast
- Michael Yardney's Property Update
- 9 more tips for first home buyers
- All your first home buyer questions answered
- Listen to our Home Loans 101 episode
- Your state-by-state guide to the First Home Owners Grant
- The First Home Loan Deposit Scheme
- Stamp duty
Read the transcript of this episode
The Finder Pocket Money podcast is intended to provide you with tips, tools and strategies that will help you make better decisions. Although we're licensed and authorised, we (and our guests) aren't providing any form of financial or legal advice. So please consider your own situation and get proper advice about your individual circumstances before making any decisions based on anything in our show. Thanks for listening.
Have questions for the Pocket Money crew? Want to suggest a future episode idea? Hoping to speak with other curious young adults sorting through their lives and their money? Join our community for exclusive access and discussions about the show and all things money:
- Join the Pocket Money private Facebook group
- Follow Pocket Money on Instagram
- Follow Finder on Twitter
- Like Finder on Facebook
Pocket Money is hosted by Sally McMullen and Marc Terrano. The show is produced by Franko Ali and Ankita Shetty. Editing and theme music from Brianna Ansaldo of Bamby Media.
finder.com.au (ACL 385509. CAR 432664) is Australia's most popular comparison site. We like to help, and we understand that our podcast provides information, insight and entertainment, but it's not personal advice. Consider your own circumstances (or get advice) before you make any decision based on our general comments and commentary.
More guides on Finder
House of Tech Podcast
House of Tech is the podcast where Canberra meets crypto, and politics meets tech.
Podcast: The real reason you need a will
No money, no assets, no will? Find out why you still need a will and how to make one in the latest episode of the Pocket Money podcast.
Podcast: Curveballs – how to stay resilient when the going gets tough
In this episode of Pocket Money, we talk about how to cope when life goes wrong, financially, emotionally or physically. From coronavirus to cancer, how can you learn to bounce back quicker and in better shape than ever?
Podcast: Where do our charity donations actually go?
In this episode of Pocket Money, we discuss where our donations go, the responsibility of charities and what to look out for before you donate.
Podcast: How to recession-proof your finances during COVID-19
If we're heading for an economic recession, it's time to start taking your personal finances seriously. This podcast is a how-to guide for all Australians.
Podcast: The rise of buy now pay later
Talking interest-free finance with Flexigroup's Jonathan Kelly.
Podcast: How will the coronavirus pandemic affect our finances?
A straight-chat conversation about how the coronavirus lockdowns will impact the economy and our personal finances.
Podcast: A beginner’s guide to investing
Markets go up and down, but the principles of investing never change. Today on the Pocket Money podcast, we've got a crash course on how to get started.
Podcast: How to make a good budget
A helpful guide to creating a budget, no matter where you are with your money.
Podcast: Busting Australia’s top health insurance myths
From hospital to extras, tax time to turning 31, this week's Pocket Money podcast will arm you with everything you need to know about health insurance.
Find the right home loan now
Ask an Expert