Understanding and Navigating Buyer’s Remorse
Manage episode 454520933 series 3595009
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
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