First-time home buyer? If so, you probably don’t know what to look for when shopping for a primary residence. So many questions rush through your mind. How much do you need for a down payment? Where do you find the right real estate agent? Is it better to just stay renting? Navigating the world of real estate can be tricky, but we’re here to help. On this home buying hacks episode, we’ve got Chris Hutchins from the All the Hacks podcast to help dispel home buying myths and open up new ways to make money with real estate.
Use this episode as your guide on that path to property number one. David, Rob, and Chris will touch on why you should buy in the first place, how to find the right real estate agent, negotiation tactics to score a better price, making an offer, financing, down payments, and what type of home insurance you’ll need. Plus, we’ll go deep into getting out of a bad deal and using inspections to save you from purchasing a problem property.
Don’t wait on the sidelines to buy your first property! This episode will give you EVERYTHING you need to know!
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Part 1:
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In This Episode We Cover
- How buying real estate will make you wealthy (EVEN if you’re just purchasing a primary residence)
- The HUGE hidden benefits of buying property that most home buyers completely overlook
- Signs of a great real estate agent and the one thing they MUST have
- Home buying hacks for the first-time home buyer so you score a better deal
- Negotiation tactics elite realtors use and why you must know what a “win” is
- Getting ahead in a hot housing market and signs of a desperate seller/agent
- Home inspections and using yours to get seller credits or walk away from a bad deal
- Quick wins you can use at closing for a few hundred (or thousand) dollars in savings
- Debt-to-income requirements and what lenders want to see when you apply for a loan
- Using a mortgage broker vs. direct lender (and which will get you a better deal)
- Home insurance 101 and how to protect your property for less money
- The math behind buying a house (and why it beats renting in the long run)
- And So Much More!
Links from the Show
Connect with Chris
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Note By BiggerPockets: These are opinions written by the author and do not necessarily represent the opinions of BiggerPockets.
