EP17 - Top 5 Mistakes First Home Buyers Make (That Cost You More Than You Think)

Join us as we explore the top five mistakes first home buyers make on their property journey. From trusting real estate agents too easily, to the importance of using a mortgage broker, we dive deep into common pitfalls and provide invaluable tips on how to avoid them. We also discuss the hidden costs of home ownership, the risks of buying based on emotion, and the danger of overestimating what you can afford. This is a must-listen for anyone looking to navigate the complex world of first-time property buying.

00:00 Introduction

00:10 Mistake #1: Trusting the Real Estate Agent

08:18 Mistake #2: Buying Based on Emotion, Not Strategy

15:43 Mistake #3: Ignoring Hidden Costs of Ownership

21:33 The Bunnings Fund: Preparing for Unexpected Home Repairs

21:55 Pest and Building Inspections: Identifying Red Flags

23:16 Common Home Repair Issues: Bathrooms, Roofs, and Kitchens

27:08 Financial Realities: Understanding Mortgage Repayments

34:02 The Importance of Using a Mortgage Broker

39:27 Toxic Takes: Unfiltered Advice for First Home Buyers

Connect with us

⁠Imtiyaz Rather⁠ - Principal Mortgage Broker 🤓 -⁠⁠⁠⁠ ⁠Hack Mortgages⁠

⁠⁠⁠⁠⁠⁠⁠Skye Taylor⁠ - Director 💅 - ⁠⁠⁠⁠⁠Taylored Property Management⁠

⁠⁠⁠⁠⁠⁠⁠Peter Theodorou⁠ - Buyers Agent 🕺 - ⁠⁠⁠⁠⁠Mindset Property⁠⁠