Property strategies for First Home Buyers (and anyone else)

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Property strategies for First Home Buyers (and anyone else) March 6, 2020

In our previous podcast, we spoke about the finance options available to First Home Buyers when looking to purchase.  Rather than just Dan and I discuss property tips, we asked one of our favourite guests to return.  Cate Bakos is an independent Property Buyers Advocate and one of the best around when it comes to experience and knowledge of the property market, and the options available.

In this podcast, the 3 of us talk about:

  • Market overview
    • Observations including the bottoming out of values and recovery starting post-election
    • Clearance rates and increasing availability
  • House hunting for First Home Buyers
    • Finance or location first? Budget vs. preferred property types and locations
    • Rent-vesting – what is it, and when should it be considered?
    • What effect the government incentives such as stamp duty have had
  • Once you’ve identified a suitable property/ location
    • How do you form a view on price?
    • Key questions and due diligence
    • Final considerations

If you’ve got any questions for Cate, drop us an email and we’ll get the answers.  Enjoy and we’ll see you next pod.

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The Long Property Show provides general information only and has been prepared without taking into account your objectives, financial situation or needs. We recommend that you consider whether it is appropriate for your circumstances and your full financial situation will need to be reviewed prior to acceptance of any offer or product. Nothing in the Long Property Show constitutes legal, tax or financial advice and you should always seek professional advice in relation to your individual circumstances.

DANIEL GOLD

Dan runs Long Property and has been recognised by Mortgage Professional Australia as being one of the top 5 mortgage brokers nationally.  Email dan@longproperty.com.au

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