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Have you ever felt the “fear of missing out” on property? 

Maybe you’re a first time buyer who wants to get onto the ladder as quickly as possible but seem fraught with hurdles left and right?

Whatever the case, it’s completely normal to feel pressured to buy now. Before you make the jump however, you need to be well-prepared and be aware of what you’re getting into!

In this episode we talk about the many different options available out there to get onto the property ladder quicker. We share tips as well as dos & don’ts when engaging the “bank of mum & dad”, paying LMI, utilising the Federal Government’s Deposit Guarantee scheme and plenty more!

There’s so much gold to uncover in this episode so let’s get into it!

Episode Highlights:

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1. Hitting the “bank of mum and dad” [04:31]
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2. Don’t change jobs just yet! [10:25]
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3. Speed up your entry by paying LMI (Lenders Mortgage Insurance) [12:07]
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4. Utilise the Federal Government’s Deposit Guarantee scheme [15:42]
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5. The “smart-not-fearful” approach [19:24]
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6. Is now a good time to buy? [20:34]
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7. Using the stepping stone strategy [24:11]
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8. Consider going the co-ownership route [27:05]
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9. How about rentvesting? [31:57]
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10. Why we don’t recommend relying on government grants [34:00]
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11. Don’t wait for prices to drop [37:17]
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Link/s from the show:

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• Tune in to Episode 18: ‘How to Overcome Your Fear of Paying Too Much [Case Study]’
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• Can my parents be a guarantor for my mortgage? (Article)
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• Check out our Where to Buy workshop!
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• Register for our June 19th Stepping Stone Workshop at https://homebuyeracademy.com.au/ssw! 
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Connect With Us:

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• Home Buyer Academy Website (https://www.homebuyeracademy.com.au/)
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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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