In this seasonal episode of the Home Buyers Australia Podcast, Jack Corbett and Damien Walker discuss the opportunities and challenges of buying property during the Christmas period. They highlight why the festive period can be a strategic time to buy, with reduced competition, motivated sellers, and the potential for negotiating a better deal. This time of year brings a unique set of challenges. Our hosts address the logistical hurdles, including limited listings, conveyancers and banks shutting down, and the importance of planning ahead.

Jack and Damien provide actionable tips for navigating the end-of-year property market, such as securing a fully assessed pre-approval, being prepared for extended settlement times, and working with your property team to align expectations during the holidays. They also emphasise how stale listings and motivated vendors can present unique opportunities for buyers willing to look outside their price range. If you're looking to secure a property before the new year or prepare for the January market, this episode is packed with practical insights to help you make informed decisions.

In this episode, you will learn:

• Why the Christmas season can be a buyer’s market.
• How to identify and negotiate with motivated sellers.
• The importance of securing a fully assessed pre-approval to avoid delays.
• Why understanding conveyancer and bank holiday schedules is critical.
• How to approach stale listings and uncover hidden opportunities.
• The importance of aligning timelines with all stakeholders to avoid setbacks.
• How to strategically plan for the new year and position yourself as a serious buyer.

TIMESTAMPS:

00:00 Introduction

00:23 Why Would Anyone Buy Before Christmas?

02:29 Motivated Sellers and Flexible Vendors

05:28 The Challenges of Buying During the Holiday Period

08:21 Navigating Pre-Approvals and Bank Delays

09:36 Looking outside your price range

19:50 Buying early in the New Year

ABOUT THE PODCAST:

Are you dreaming of owning your own home? Home Buyers Australia is your ultimate guide to navigating the Australian property market. Join mortgage broker Damien Walker and buyer's agent Jack Corbett as they break down the home buying process into easy-to-understand steps.

Damien Walker, a mortgage broker at Atelier Wealth, specialises in helping Australians navigate the complexities of property finance. With years of experience in the industry, Damien’s insights are invaluable for those looking to build a robust property portfolio.

Jack Corbett, a buyer's agent at Corbett Property Buyers, brings a wealth of knowledge in identifying and securing high-potential properties. Jack's expertise ensures clients make informed decisions that align with their long-term goals.

CONNECT WITH US:

Don’t forget to follow along on:

• Facebook: https://www.facebook.com/homebuyersaustralia
• Instagram: https://www.instagram.com/homebuyersaustralia
• TikTok: https://www.tiktok.com/@homebuyersaus
• YouTube: www.youtube.com/@HomeBuyersAus

In this episode of the Home Buyers Australia Podcast, hosts Jack Corbett and Damien Walker share their top 10 essential tips for navigating the home-buying process. Whether you're a first-time buyer or a seasoned investor, Jack and Damien’s honest advice will save you time and stress on your mission to purchase your next property. From being realistic with your budget, getting on the same page as your partner and taking a break when it gets too much, these are nuggets you don’t want to miss.

In this episode, you’ll hear about
- The difference between what you’re approved to borrow and what you can afford to repay
- The importance of saving strategically and sticking to a budget.
- Why getting pre-approval is a non-negotiable first step
- The value of thorough market research and how to uncover real property prices.
- Identifying your "non-negotiables" and separating needs from wants.
- The importance of asset selection and planning for the long-term
- Strategies for staying calm, focused, and positive throughout the home-buying journey.

TIMESTAMPS:
00:00 - Introduction
00:44 - Setting a Realistic Budget
06:21 - Why Pre-Approval is a Must
10:54 - Researching the Market
13:12 - Defining Needs vs. Wants
21:15 - Strategies for Staying Calm and Focused During the Search

ABOUT THE PODCAST:

Are you dreaming of owning your own home? Home Buyers Australia is your ultimate guide to navigating the Australian property market. Join mortgage broker Damien Walker and buyer's agent Jack Corbett as they break down the home buying process into easy-to-understand steps.

Damien Walker, a mortgage broker at Atelier Wealth, specialises in helping Australians navigate the complexities of property finance. With years of experience in the industry, Damien’s insights are invaluable for those looking to build a robust property portfolio.

Jack Corbett, a buyer's agent at Corbett Property Buyers, brings a wealth of knowledge in identifying and securing high-potential properties. Jack's expertise ensures clients make informed decisions that align with their long-term goals.

CONNECT WITH US:

Don’t forget to follow along on:

• Facebook: https://www.facebook.com/homebuyersaustralia
• Instagram: https://www.instagram.com/homebuyersaustralia
• TikTok: https://www.tiktok.com/@homebuyersaus
• YouTube: www.youtube.com/@HomeBuyersAus

In this episode of the Home Buyers Australia Podcast, Damien Walker and Jack Corbett discuss buyer’s remorse that can sometimes plague property purchasers. They explore the usual causes of buyer’s remorse, share personal experiences and client stories, and share strategies to keep post-purchase regret at bay. With practical advice on planning, budgeting, and managing expectations, Damien and Jack aim to equip listeners with the tools they need to make confident and well-informed decisions when purchasing a home. They also touch on the importance of due diligence, having a clear plan, and seeking professional guidance to navigate the complexities of the property market.

In this episode, you will learn:

• The main causes of buyer's remorse, including financial strain and unrealistic expectations.
• How to align property purchases with lifestyle needs to avoid future regret.
• The importance of budgeting and planning for life changes, like family expansion.
• The role of due diligence, such as building inspections and contract reviews,
• How buyer's agents can help you stay logical and avoid emotional decisions.

TIMESTAMPS:

00:10 - Introduction to Buyer’s Remorse and Common Concerns
02:30 - Managing Expectations and Finding the Right Fit
04:50 - A real-life example where lifestyle trumped property goals
11:03 - Planning Ahead: future proofing your property play
16:45 - Due Diligence and Preventing Renovator’s Remorse
22:25 - The Role of Professional Guidance and Emotional Decision-making

ABOUT THE PODCAST:

Are you dreaming of owning your own home? Home Buyers Australia is your ultimate guide to navigating the Australian property market. Join mortgage broker Damien Walker and buyer's agent Jack Corbett as they break down the home buying process into easy-to-understand steps.

Damien Walker, a mortgage broker at Atelier Wealth, specialises in helping Australians navigate the complexities of property finance. With years of experience in the industry, Damien’s insights are invaluable for those looking to build a robust property portfolio.

Jack Corbett, a buyer's agent at Corbett Property Buyers, brings a wealth of knowledge in identifying and securing high-potential properties. Jack's expertise ensures clients make informed decisions that align with their long-term goals.

CONNECT WITH US:

Don’t forget to follow along on:

• Facebook: https://www.facebook.com/homebuyersaustralia
• Instagram: https://www.instagram.com/homebuyersaustralia
• TikTok: https://www.tiktok.com/@homebuyersaus
• YouTube: www.youtube.com/@HomeBuyersAus

In this episode of the Home Buyers Australia podcast, Jack Corbett guides us through the challenge of auction bidding, providing valuable insights to help first-time buyers and seasoned bidders alike. Auctions can be intimidating, but Jack breaks down the process step-by-step, offering practical tips and strategies to boost confidence and avoid common pitfalls. From understanding the psychology of auctions to preparing well in advance and bidding confidently on the day, this episode is packed with actionable advice to help you get the right result.

Key Points Covered in the Episode:

• The psychology of auctions: how rhythm and pace influence buyers.
• Importance of having a clear plan and a firm price limit.
• Pre-auction preparation, including due diligence and contract review.
• How to bid confidently and avoid signaling your limit.
• Navigating scenarios where bidding doesn’t reach the reserve price.
• Why visiting other auctions can build confidence and familiarity.

TIMESTAMPS:

00:49 - Understanding the psychology of auctions: why they're designed to test you
02:05 - The importance of pre-auction preparation
06:34 - Setting your price & your stretch limit
11:53 - Projecting confidence: strategies for successful bidding
13:19 - Navigating reserve prices and post-auction negotiations
16:46 - Competition reflects value: interpreting market interest

ABOUT THE PODCAST:

Are you dreaming of owning your own home? Home Buyers Australia is your ultimate guide to navigating the Australian property market. Join mortgage broker Damien Walker and buyer's agent Jack Corbett as they break down the home buying process into easy-to-understand steps.

Damien Walker, a mortgage broker at Atelier Wealth, specialises in helping Australians navigate the complexities of property finance. With years of experience in the industry, Damien’s insights are invaluable for those looking to build a robust property portfolio.

Jack Corbett, a buyer's agent at Corbett Property Buyers, brings a wealth of knowledge in identifying and securing high-potential properties. Jack's expertise ensures clients make informed decisions that align with their long-term goals.

CONNECT WITH US:

Don’t forget to follow along on:

• Facebook: https://www.facebook.com/homebuyersaustralia
• Instagram: https://www.instagram.com/homebuyersaustralia
• TikTok: https://www.tiktok.com/@homebuyersaus
• YouTube: www.youtube.com/@HomeBuyersAus

In this episode of the Homebuyers Australia Podcast, hosts Jack Corbett and Damien Walker dive into the crucial role of family support in the Australian property market, focusing on the ever-growing trend of the "bank of mum and dad." As property prices continue to rise, many first-time buyers are turning to their families for financial assistance. From gifting funds to acting as guarantors, this episode provides valuable insights into how family support can be a game-changer in securing your dream home.

You’ll hear all about:

• The growing trend of family assistance in home buying and its impact on the market
• The pros and cons of gifting funds and guarantor loans
• Why legal advice is crucial in protecting both parents and children
• Strategies to mitigate risks and ensure financial stability in family-assisted purchases

TIMESTAMPS:

00:00 - Explaining the Bank of Mum and Dad

03:17 - The Benefits of the Bank of Mum and Dad

05:22 - Deposits, Banks and Lender’s Mortgage Insurance

08:34 - Demonstrating Financial Responsibility and Good Financial Habits

11:00 - Tips for educating parents about the risks and responsibilities of being a guarantor

13:57 - Strategies to Reduce the Risks Associated with Guarantor Loans

17:05 - Avoiding Lender's Mortgage Insurance

19:00 - The Importance of Maintaining Open Communication

21:00 - Balancing Family Involvement and Setting Boundaries

23:00 - Real-Life Examples and Final Thoughts

ABOUT THE PODCAST:

Are you dreaming of owning your own home? Home Buyers Australia is your ultimate guide to navigating the Australian property market. Join mortgage broker Damien Walker and buyer's agent Jack Corbett as they break down the home buying process into easy-to-understand steps.

Damien Walker, a mortgage broker at Atelier Wealth, specialises in helping Australians navigate the complexities of property finance. With years of experience in the industry, Damien’s insights are invaluable for those looking to build a robust property portfolio.

Jack Corbett, a buyer's agent at Corbett Property Buyers, brings a wealth of knowledge in identifying and securing high-potential properties. Jack's expertise ensures clients make informed decisions that align with their long-term goals.

CONNECT WITH US:

Don’t forget to follow along on:

• Facebook: https://www.facebook.com/homebuyersaustralia
• Instagram: https://www.instagram.com/homebuyersaustralia
• TikTok: https://www.tiktok.com/@homebuyersaus
• YouTube: www.youtube.com/@HomeBuyersAus

In this episode of Home Buyers Australia, Damien Walker from Atelier Wealth discusses the various schemes in place to support buyers on their quest for home ownership. He covers the First Home Guarantee scheme, the eligibility criteria, and income caps. He then turns his attention to stamp duty, sharing must-know info on the various State schemes in place and the relevant property price caps.
Damien’s top tip is to stop scrolling and take action. Listen to this episode for all the information and motivation you need to make a plan and get that property

In this episode you’ll hear about:

• What is the First Home Guarantee Scheme & how it can benefit you
• Income and Eligibility Requirements for the Scheme
• State-by-State Stamp Duty Exemptions for First-Time Buyers
• Goal setting and getting advice from your mortgage broker

TIMESTAMPS:
00:02 Introduction to the First Home Guarantee Scheme
05:05 Income caps for First Home Guarantee scheme
10:20 Breaking Down State-Based Stamp Duty Exemptions
14:00 Why Early Mortgage Broker Consultations Make a Difference

ABOUT THE PODCAST:

Are you dreaming of owning your own home? Home Buyers Australia is your ultimate guide to navigating the Australian property market. Join mortgage broker Damien Walker and buyer's agent Jack Corbett as they break down the home buying process into easy-to-understand steps.

Damien Walker, a mortgage broker at Atelier Wealth, specialises in helping Australians navigate the complexities of property finance. With years of experience in the industry, Damien’s insights are invaluable for those looking to build a robust property portfolio.

Jack Corbett, a buyer's agent at Corbett Property Buyers, brings a wealth of knowledge in identifying and securing high-potential properties. Jack's expertise ensures clients make informed decisions that align with their long-term goals.

CONNECT WITH US:

Don’t forget to follow along on:

• Facebook: https://www.facebook.com/homebuyersaustralia
• Instagram: https://www.instagram.com/homebuyersaustralia
• TikTok: https://www.tiktok.com/@homebuyersaus
• YouTube: www.youtube.com/@HomeBuyersAus

In this episode of the Home Buyers Australia podcast, host Damien Walker shares his broker know-how, addressing the real questions that first-time buyers need answered. As regular listeners will know, Damien tells it how it is, giving up-to-the-minute intel on topics such as the steps to securing a home loan, borrowing power, and explaining why obtaining pre-approval should be high up on your to-do list.

Listen to this episode to get up to speed on offset accounts, lender requirements, and what you need to know about interest rates. If you’re navigating the home-buying journey, this episode is designed to help you with some of the niggling questions and confusing aspects of the process.

In this episode:

• The importance of knowing your borrowing power
• When and why to get pre-approved
• Understanding interest rate policies
• Offset accounts and whether you need one
• What to expect when working with a mortgage broker
• Unique property risks and navigating bank approvals

TIMESTAMPS:

01:07 Understanding Borrowing Power vs. Buying Power
04:08 Why Pre-Approval Should Be Your First Step
06:14 Interest Rate Depends on Bank Policy
08:10 How Offset Accounts Work
11:28 What is the process of engaging with a Mortgage Broker
17:25 The Next Step After Pre-Approval

ABOUT THE PODCAST:

Are you dreaming of owning your own home? Home Buyers Australia is your ultimate guide to navigating the Australian property market. Join mortgage broker Damien Walker and buyer's agent Jack Corbett as they break down the home buying process into easy-to-understand steps.

Damien Walker, a mortgage broker at Atelier Wealth, specialises in helping Australians navigate the complexities of property finance. With years of experience in the industry, Damien’s insights are invaluable for those looking to build a robust property portfolio.

Jack Corbett, a buyer's agent at Corbett Property Buyers, brings a wealth of knowledge in identifying and securing high-potential properties. Jack's expertise ensures clients make informed decisions that align with their long-term goals.

CONNECT WITH US:

Don’t forget to follow along on:

• Facebook: https://www.facebook.com/homebuyersaustralia
• Instagram: https://www.instagram.com/homebuyersaustralia
• TikTok: https://www.tiktok.com/@homebuyersaus
• YouTube: www.youtube.com/@HomeBuyersAus

In this episode of the Home Buyers Australia podcast, Jack Corbett and Damien Walker unpack one of the most crucial aspects of buying a home: the deposit. If you’re confused about the schemes out there, and want to find out just how much deposit you’ll need to get onto the property ladder, this episode is for you.

You’ll hear about the advantages and disadvantages of different deposit sizes, the implications of lenders' mortgage insurance (LMI), and strategies for both first-home buyers and families upgrading their homes. They discuss why banks require deposits and explain the various options out there, from the standard 20% to the government-backed schemes that allow you to enter the market with as little as 5%.

Jack and Damo will get you to up to speed with the jargon you’ll encounter, and give hope for first time buyers that their starter home may be more achievable than they think.

Timestamps:
00:00 Intro
00:38 Why banks require deposits and how they minimise risk
02:06 What you need to know about Lenders Mortgage Insurance (LMI)
08:26 Overview of the Home Guarantee Scheme and its benefits for first-home buyers
04:21 Saving for your deposit as a first-time buyer
16:17 LMI waivers for nurses, doctors, and other professions
17:31 Parental guarantees: how family equity can help you buy with no deposit

ABOUT THE PODCAST:

Are you dreaming of owning your own home? Home Buyers Australia is your ultimate guide to navigating the Australian property market. Join mortgage broker Damien Walker and buyer's agent Jack Corbett as they break down the home buying process into easy-to-understand steps.

Damien Walker, a mortgage broker at Atelier Wealth, specialises in helping Australians navigate the complexities of property finance. With years of experience in the industry, Damien’s insights are invaluable for those looking to build a robust property portfolio.

Jack Corbett, a buyer's agent at Corbett Property Buyers, brings a wealth of knowledge in identifying and securing high-potential properties. Jack's expertise ensures clients make informed decisions that align with their long-term goals.

CONNECT WITH US:

Don’t forget to follow along on:

• Facebook: https://www.facebook.com/homebuyersaustralia
• Instagram: https://www.instagram.com/homebuyersaustralia
• TikTok: https://www.tiktok.com/@homebuyersaus
• YouTube: www.youtube.com/@HomeBuyersAus