Putting off asking for advice can mean making mistakes that can't be fixed, especially when it comes to buying property. Misreading the market or not understanding the rules can cause problems that stick around for a long time. Many of us wait until we've already made a decision, only to realise the consequences could have been avoided with timely guidance.

In this episode, we're flipping the script. Instead of waiting until it's too late, we dive into the importance of seeking advice at the right time, especially when it comes to buying your first home. We're here to explore why waiting until the eleventh hour to seek guidance often leads to irreversible mistakes and, ultimately, regrets.

Don't wait until it's too late to ask for help with property decisions. Tune in to this episode and learn how to seize the right opportunities and sidestep the wrong ones.

Episode Highlights:

00:00 - Introduction

02:08 - Meighan’s special house of the week

03:31 - Can I negotiate a longer settlement period after winning a property auction?

07:19 - What to do when a vendor doesn’t respond to your offers

10:13 - Why was my offer, subject to building pest and inspection, passed over for a lower bid?

12:47 - Treat the agents and vendors with respect before it gets too late

17:16 - I signed a contract and paid a $1,000 deposit on the land, is it a good property?

20:08 - Can we call off the contract because of property flooding one week before settlement?

21:32 - Lawyer advises against contract terms, vendor won't amend. What to do?

23:22 - Can I still cancel the contract I already signed due to strata report findings?

26:08 - Can I retract an offer for an off-market property I now think is too expensive?

Resources:

• FREE MINI COURSE: How to price property like a professional https://www.homebuyeracademy.com.au/freecourse
• Meet our recommended mortgage brokers at Home Buyer Academy https://homebuyeracademy.com.au/brokers
• Visit our website https://www.homebuyeracademy.com.au/
• Learn how to buy property without making a mistake with our ultimate 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 Buyers Agent? https://www.gooddeeds.com.au
• Work with Veronica: https://www.veronicamorgan.com.au
• Looking for a Brisbane Buyers Agent? https://www.propertypursuit.com.au/
• Work with Meighan: https://www.linkedin.com/in/meighanwells/

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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