Episode 5 - The 4 proven steps to guarantee you're buyer ready in 2020? episode artwork

EPISODE · Dec 4, 2019 · 7 MIN

Episode 5 - The 4 proven steps to guarantee you're buyer ready in 2020?

from The First Home Buyers Program · host Maryanne Elliott

You can find out more about The First Home Buyers Program here: https://360-mortgage-solutions.teachable.com/This episode we look at the 4 proven steps to guarantee you're buyer ready in 2020, With all the First Home Buyers I meet, there is a common theme. The theme is, they have spent the last few months (and sometimes years) doing 'How much can I borrow' calculators, they have spent time working though different blogs to learn what deposit they need and they even consult with family and friends to get an idea of what to do when. However, despite all of this research and investigating, they are left thinking...How does this all piece together?What does this mean for me?Now What?There is so much you need to know when you are buying your first home. Sure, there are some that take a 'she'll be right attitude, although this is not recommended, particularly when buying a home is one of the largest purchase most people make in their lifetime. I typically find, those clients who have put the time, and effort in to getting their head around the most important aspects of buying a home, not only make the home buying journey easier, with less stress, but they also set themselves up for future financial success. I have, in the past, seen some First Home Buyers, cost themselves thousands because they didn't take the time to understand what they were doingSo what are the 4 proven steps to guarantee you're buyer ready in 2020?The truth is, your Home Buying Journey starts well before you start house hunting. In fact, your home buying journey starts, at least 12 to 24 months (or more) before you're ready to start knocking over those #Saturdayopenhomes.The 4 proven steps to guarantee you're buyer ready in 2020?•Set your Deposit Goal•Know your Budget and actively review it •Research and talk to the expert•Fully Assessed Pre-approvalStep 1. Set your Deposit Goal"Setting Goals is the first step in turning the invisible into the visible" Tony RobbinsIt's so cliche I know, but it's true. If you have the goal of getting into your first home, then you need to set a goal around how much, of what and by when. This can help to motivate and inspire you but most of all, it will help you to know what the plan needs to be, to help you get to that goal.The deposit goal is the best place to start... it will help you to work out how much you need to be saving between now and when you want to purchase your new home.If you need more information on Goal Setting you can head here to readGolden Rules of Goal Setting - Five Rules to Set Yourself Up for Success.Here are some things you will need to consider, when setting your Deposit Goal;•What is the price range you are looking to buy for?•How much deposit do you need to get into your home?•What are the government costs you will need to include?•What is the time frame you are aiming for?•What are the other costs such as Lenders Mortgage Insurance that you need to consider?These are just some of the questions you need to consider but if you're reading this thinking... 'I have no idea where to start' then the good news is, by completing The First Home Buyers Program, you will set your own personalised Deposit Goal, which will leave you with a very clear and personalised Deposit Goal. To find out more about The First Home Buyers Program...

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Episode 5 - The 4 proven steps to guarantee you're buyer ready in 2020?

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