Using Grants to Buy Land and Build a House [Case Study]

Home buyers who have been given grants commonly want to utilise
every cent and purchase the best property, as they should. 


However, what most fail to realise is that there’s more to it
than buying the first brand new house that catches their eye.


In today’s episode, we talk about using grants to purchase land
and property by sharing a case study on “Anna”. From potential
pitfalls to misleading incentives, from dealing with real estate
agents to setting yourself up for a successful purchase, we share
what you need to know to do it right. 


We’ll see you in the episode!


 


Episode Highlights:
Setting the background for this case study: Anna’s story
[02:40] It’s important to select the right
property (instead of rushing into a purchase)
[07:20] The biggest risk to first home buyers are
the incentives [08:43] Think about an area’s
future growth and value before buying there
[11:52] Real estate agents represent sellers &
buyer’s agents represent buyers [13:31] Every real
estate agent is different - get to know yours and learn about the
seller [14:54] As a buyer, don’t feel like the
agent has all the cards [18:22] Most buyers with
grants only look at brand new units - and that’s a problem
[19:46] Patience & diligence to look for other
options pays off [24:39] Marketers price new
properties differently and strategically [31:55]
Research sales data before purchasing any property
[33:37] Market value dictates price for
established properties (and selling new ones)
[36:41] Next steps for Anna
[37:56]

 


Links from the show:


Get our FREE First Home Buyers course!
(https://www.homebuyeracademy.com.au/freecourse) 

Review real estate sales data
(https://www.realestate.com) 



 


Connect With Us:


Home Buyer Academy Website
(https://www.homebuyeracademy.com.au/)



 


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