What Essential Step Did These First Home Buyers Neglect?

Curious to know how a seemingly innocent misstep cost an
ill-fated couple their cherished home? What could they have
overlooked in the buying process? And what can we learn from
their heartbreaking experience?


Today, we talk about the story of a couple from the illustrious
Gold Coast and how they tragically lost their cherished home due
to a seemingly innocuous error.


May this episode serve as a stark reminder for all prospective
homeowners about the paramount significance of comprehending the
intricate buying process across diverse states and the
indispensable need for meticulous research and thorough
examination.


It has always been our objective to provide you with the tools
and insights required to make well-informed decisions, avoid
potential pitfalls, and safeguard your dreams of homeownership.
So come and follow us to the Gold Coast to discover why
understanding state-specific buying processes is absolutely
crucial.


Trust us, this is an episode you wouldn't want to miss.


Tune in now and unlock the keys to a successful and fulfilling
home-buying experience.


Episode Highlights:


00:00 - Introduction


03:24 - Couple's long battle over family home


05:08 - Buying property varies by state: Different states,
different rules


07:38 - Explaining a caveat 


11:46 - Avoiding property disasters by hiring a local buyer's
agent


15:07 - The importance of checking for changes before an auction


17:17 - What are the right questions to ask the conveyancer?


21:10 - What is an encumbrance on a mortgage?


23:13 - Why you need experienced people on your crew


27:20 - Worst case scenario you get when you ignore the red flags


Resources Mentioned in this Episode:


Gold Coast couple never legally owned home they purchased at
auction, court ruling finds https://bit.ly/3ooOKTj



Other resources:


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
support@homebuyeracademy.com.au

Looking for a Sydney Buyer's Agent?
https://www.gooddeeds.com.au

Work with Veronica: https://www.veronicamorgan.com.au

Looking for a Brisbane Buyer's 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!


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