Australian Property Podcast Case Study: Future First Home Buyer
If you're starting your property journey, this is the episode for you! NSW's #1 Mortgage Broker, Chris Bates sits down with Rask's Melissa Vincent to break down some of a first home buyer's questions and concerns.
There is a lot to consider as a first home buyer, and it can be daunting to leap from a renter or saver to a homeowner.
On this episode of the Australian Property Podcast, we discuss:
- What should a future first-home buyer be thinking about?
- Deposits - how much do you really need? What is lender's mortgage insurance? Can I get a parental guarantor?
- Lending capacity during rising interest rates
- Property options - new build, fixer upper
- What future considerations do you need to factor in - work, partner, family
- Dangers of off the plan
- What to consider if you are hoping to get capital growth from your property?
Australian Property Podcast resources:
- Australian Property Podcast online - videos, notes & resources
- Ask a question
- Chris' mortgage broking
- Amy's new property course
- Amy's 100-point checklist (PDF)
- Pete Wargent's property coaching
- Join Owen's Rask Core membership for $0.99
INFORMATION WARNING!
This podcast contains general financial information only. That means the information does not take into account your objectives, financial situation, or needs. Because of that, you should consider if the information is appropriate to you and your needs, before acting on it. If you’re confused about what that means or what your needs are, you should always consult a licensed and trusted financial planner. Unfortunately, we cannot guarantee the accuracy of the information in this podcast, including any financial, taxation, and/or legal information. Remember, past performance is not a reliable indicator of future performance. The Rask Group is NOT a qualified tax accountant, financial (tax) adviser, or financial adviser.
Full individual disclosures for each guest are available via the show notes page. Owen and The Rask Group Pty Ltd do NOT receive anything for mentioning Super funds, products, shares, bank accounts, etc.
Access The Rask Group's Financial Services Guide (FSG): https://www.rask.com.au/fsg
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