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Podcast: 7 common mistakes first home buyers make
How to navigate the purchase of your first property like a pro.
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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:
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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
First Home Buyer’s e-course Module 7: Make an offer
You’ve done the research and found a property. So how do you make an offer, have it accepted and actually become a first home buyer?
First Home Buyer’s e-Course Module 6
As a first homebuyer, you have to get a lot of ducks in a row before you can begin property shopping. This is where the fun really begins!
First Home Buyer’s e-Course Module 8
Moving day is never going to be completely stress-free, but with our expert guide, we can make it as smooth sailing as possible.
First home buyer’s e-course Module 3: Set your property goals
To really move the needle on your dream to buy a property, you have to set some really specific goals, timelines and criteria.
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