Listener Q&A: What to Do When You Can’t Afford Your Dream Home

As a first-time home buyer in Australia, you may be feeling overwhelmed by the complexities of the property market, often faced with a myriad of questions and challenges. How can you afford the property you need? How do you find the right buyer's agent to guide you through the process? And how can you make informed decisions when the sold prices aren't published? Today, we'll be addressing these questions and more, providing you with valuable insights and advice on your journey to becoming a homeowner in Australia. Whether you're just starting out or you've already been searching for months, you'll find plenty of useful tips and strategies to help you on your journey towards home ownership in Australia. So tune in! Episode Highlights: 00:00 - Introduction 02:06 - Meighan’s special house of the week 03:27 - Options for first home buyers who can’t afford to buy the property they want to live in 09:47 - How mortgage brokers help you determine your borrowing capacity 15:12 - Picking the right buyer’s agent to help out with your property advice needs 23:47 - How to find the sale price of recently sold properties that are not disclosed? 25:35 - Where to start in the buying process 27:39 - Not enough savings for a deposit — thoughts on a Government Shared Equity Scheme? Resources: Episode 40: How Can You Identify A, B, and C Grade Properties? https://homebuyeracademy.com.au/podcasts/040 Listen to Episode 118: How Mortgage Brokers Help First Home Buyers Navigate the Property Market https://homebuyeracademy.com.au/podcasts/118 Visit our website https://www.homebuyeracademy.com.au/ Learn how to buy property without making a mistake with our 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 [email protected] 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! Subscribe on YouTube: https://www.youtube.com/@YourFirstHomeBuyerGuidePodcast Subscribe on Apple Podcasts: https://podcasts.apple.com/ph/podcast/your-first-home-buyer-guide-podcast/id1544701825 Subscribe on Spotify: https://open.spotify.com/show/7GyrfXoqvDxjqNRv40NVQs?si=7c8bc4362fab421f See omnystudio.com/listener for privacy information.