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First-Time Home Buyer Challenges: Real Experiences, Budget Planning, and Hidden Costs

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Manage episode 482356383 series 1446412
Content provided by Walkner Condon Financial Advisors. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Walkner Condon Financial Advisors or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://podcastplayer.com/legal.

Thinking about buying your first home or upgrading to a new one? 🏑 In this episode of Gimme Some Truth, Polly Price and Evan Waltz share their first-hand experiences and advice on navigating the home buying process β€” from budgeting and finding the right mortgage to dealing with hidden costs and emotional ups and downs. 🎯 Learn how to be financially smart and confident when making the biggest purchase of your life!

⏰ Timestamps:

00:00 – Introduction: Real experiences in home buying

01:00 – Moving from starter home to second home

03:00 – First steps: Planning after marriage

06:00 – Choosing realtors and getting pre-approved

08:00 – Creating a realistic home buying budget

10:00 – Hidden costs of homeownership

12:00 – Hiring movers and handling surprise expenses

14:00 – 30-Year Fixed vs Adjustable-Rate Mortgage (ARM)

16:00 – The importance of a good realtor in a hot market

18:00 – Managing emotions in a competitive buying market

20:00 – Bidding strategies and final thoughts

πŸ” Topics Covered:

How to budget for your first home

Understanding hidden costs beyond the mortgage

Choosing between fixed-rate and ARM mortgages

Why a realtor is crucial in competitive markets

Tips to stay financially disciplined and avoid emotional decisions

πŸ‘ Don't forget to Like, Comment, and Subscribe for more expert real estate, finance, and life planning advice!

#HomeBuyingTips #FirstTimeHomeBuyer #RealEstateAdvice #MortgageTips

SUBSCRIBE: @walknercondon

For more on this topic and others check out the blog on our website: https://walknercondon.com/blog/

Visit our website for more financial planning resources and educational information: https://www.walknercondon.com

β€”β€”β€”β€”β€”β€”β€”β€”β€”β€”β€”β€”β€”β€”β€”β€”

ADD US ON:

LinkedIn: https://linkedin.com/company/walkner-condon-financial-advisors-llc

Facebook: https://facebook.com/walknercondon

  continue reading

255 episodes

Artwork
iconShare
 
Manage episode 482356383 series 1446412
Content provided by Walkner Condon Financial Advisors. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Walkner Condon Financial Advisors or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://podcastplayer.com/legal.

Thinking about buying your first home or upgrading to a new one? 🏑 In this episode of Gimme Some Truth, Polly Price and Evan Waltz share their first-hand experiences and advice on navigating the home buying process β€” from budgeting and finding the right mortgage to dealing with hidden costs and emotional ups and downs. 🎯 Learn how to be financially smart and confident when making the biggest purchase of your life!

⏰ Timestamps:

00:00 – Introduction: Real experiences in home buying

01:00 – Moving from starter home to second home

03:00 – First steps: Planning after marriage

06:00 – Choosing realtors and getting pre-approved

08:00 – Creating a realistic home buying budget

10:00 – Hidden costs of homeownership

12:00 – Hiring movers and handling surprise expenses

14:00 – 30-Year Fixed vs Adjustable-Rate Mortgage (ARM)

16:00 – The importance of a good realtor in a hot market

18:00 – Managing emotions in a competitive buying market

20:00 – Bidding strategies and final thoughts

πŸ” Topics Covered:

How to budget for your first home

Understanding hidden costs beyond the mortgage

Choosing between fixed-rate and ARM mortgages

Why a realtor is crucial in competitive markets

Tips to stay financially disciplined and avoid emotional decisions

πŸ‘ Don't forget to Like, Comment, and Subscribe for more expert real estate, finance, and life planning advice!

#HomeBuyingTips #FirstTimeHomeBuyer #RealEstateAdvice #MortgageTips

SUBSCRIBE: @walknercondon

For more on this topic and others check out the blog on our website: https://walknercondon.com/blog/

Visit our website for more financial planning resources and educational information: https://www.walknercondon.com

β€”β€”β€”β€”β€”β€”β€”β€”β€”β€”β€”β€”β€”β€”β€”β€”

ADD US ON:

LinkedIn: https://linkedin.com/company/walkner-condon-financial-advisors-llc

Facebook: https://facebook.com/walknercondon

  continue reading

255 episodes

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