What Essential Step Did These First Home Buyers Neglect?
Curious to know how a seemingly innocent misstep cost an ill-fated couple their cherished home? What could they have overlooked in the buying process? And what can we learn from their heartbreaking experience?
Today, we talk about the story of a couple from the illustrious Gold Coast and how they tragically lost their cherished home due to a seemingly innocuous error.
May this episode serve as a stark reminder for all prospective homeowners about the paramount significance of comprehending the intricate buying process across diverse states and the indispensable need for meticulous research and thorough examination.
It has always been our objective to provide you with the tools and insights required to make well-informed decisions, avoid potential pitfalls, and safeguard your dreams of homeownership. So come and follow us to the Gold Coast to discover why understanding state-specific buying processes is absolutely crucial.
Trust us, this is an episode you wouldn't want to miss.
Tune in now and unlock the keys to a successful and fulfilling home-buying experience.
Episode Highlights:
00:00 - Introduction
03:24 - Couple's long battle over family home
05:08 - Buying property varies by state: Different states, different rules
07:38 - Explaining a caveat\xa0
11:46 - Avoiding property disasters by hiring a local buyer's agent
15:07 - The importance of checking for changes before an auction
17:17 - What are the right questions to ask the conveyancer?
21:10 - What is an encumbrance on a mortgage?
23:13 - Why you need experienced people on your crew
27:20 - Worst case scenario you get when you ignore the red flags
Resources Mentioned in this Episode:
- Gold Coast couple never legally owned home they purchased at auction, court ruling finds https://bit.ly/3ooOKTj
Other resources:
- Visit our website https://www.homebuyeracademy.com.au/
- Learn how to buy property without making a mistake with our 10-step online course for first time home buyers https://homebuyeracademy.com.au/YFHBG
- If you have any questions or would like to be featured on our show, contact us at: Your First Home Buyer Guide Podcast support@homebuyeracademy.com.au
- Looking for a Sydney Buyer's Agent? https://www.gooddeeds.com.au
- Work with Veronica: https://www.veronicamorgan.com.au
- Looking for a Brisbane Buyer's Agent? https://www.propertypursuit.com.au/
- Work with Meighan: https://www.linkedin.com/in/meighanwells/
If you enjoyed today\u2019s podcast, don\u2019t forget to subscribe, rate, and share the show! There\u2019s more to come, so we hope to have you along with us on this journey!
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