Buying your first home can feel really challenging without a clear guide to follow. This lack of understanding can lead to confusion, frustration, and costly mistakes throughout the home buying process.
Without a clear roadmap to follow, individuals may miss crucial steps or make uninformed decisions that will, in turn, impact their financial wellbeing.
In this episode, we provide a straightforward breakdown of the 10 essential steps you need to follow when buying your first home.
If you're contemplating purchasing your first home but feel overwhelmed or just need a refresher, this episode has everything you need to take the next step. Tune in now.
Episode Highlights:
00:00 - Introduction
05:29 - Phase 1: Preparation
06:16 - Step 1: Having a good support crew
09:21 - Step 2: Setting aside money
11:57 - Step 3: Planning
15:06 - Phase 2: Action
16:05 - Step 4: Search and inspect
18:44 - Step 5: Revise and correct
22:31 - Phase 3: Commitment
22:41 - Step 6: Methods of sale
24:17 - Step 7: Evaluation
30:18 - Phase 4: Execution
30:40 - Step 8: Contract of sale
33:59 - Step 9: Negotiation and auction
37:25 - Step 10: Settlement
Resources mentioned in this episode:
Resources:
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