Episode 120 : The “I’ll Buy Later” Trap: Why Waiting Could Cost You Your First Home

In today’s episode, Maryanne Elliott from 360 Mortgage Solutions dives into one of the most common mistakes first home buyers make -  waiting too long to enter the property market.With constant headlines about interest rates, global uncertainty, and property trends, it’s easy to fall into the trap of thinking you should “wait until things settle.”But here’s the truth: there will always be a reason not to buy.So how do you know when is the right time to buy your first home? Maryanne breaks it down in a practical, no-nonsense way — helping you shift your focus from external noise to what actually matters: your readiness.💡 What You’ll Learn in This Episode:Why trying to “time the market” can backfireReal-life lessons from buyers who delayed during COVIDThe hidden costs of waiting (it’s more than just price increases)How rising property prices can impact your lifestyle long-termThe confidence trap that keeps renters stuckA powerful mindset shift to help you take actionA simple question to determine your readiness to buy🚨 Key Takeaway: The best time to buy isn’t when the market is perfect, because it never will be.👉 The right time to buy your first home is when:You have your pre-approvalYour deposit (or scheme eligibility) is readyYou feel personally readyYou find the right property🧠 Action Step: Ask yourself this powerful question: “What would need to be true for me to buy in the next 6–12 months?”Then reverse-engineer your plan from there.This simple exercise helps you move from feeling stuck → to taking control.🎓 Ready to Take the Next Step? If you’re not quite ready yet, that’s okay start building your confidence and knowledge with the First Home Buyers Program 👇 👉 Full First Home Buyers Program:https://z9gpj4ioc4f1npbcb6x0.app.clientclub.net/courses/offers/6a9e25d2-5268-4d43-884d-4c233af23b5c 👉 Book a Fee-Free Strategy Session:https://360mortgagesolutions.com.au/contact-us/📣 Final Thoughts: Waiting might feel safe… but it could be quietly costing you more than you realise. Start preparing now so you can confidently step into the market when you’re ready — not when the headlines tell you to be.