Buying your First Home Podcast Jayden Vecchio & Hunter Galloway

Teachers Sarah and her husband want to know if they can afford to buy their first home in Toongabby, West Sydney. Join Jayden as he reviews their budget, savings, and the local market to determine their options. This episode explores borrowing capacity, property types, the First Home Guarantee Scheme, and how to find affordable homes, even in a competitive market. If you're a first home buyer in Australia, you won't want to miss this!

Need help navigating the home buying process? Get a free assessment and pre-approval assistance from Hunter Galloway! Call 1300 088 065 or visit huntergalloway.com.au [https://www.huntergalloway.com.au/]

YouTube Channel: Mortgage Broker Australia - Hunter Galloway [https://www.youtube.com/@MortgageBrokerAustralia]

This week on Finance in 5:

1. Home sellers rake in massive profits – how does your area stack up?
2. Debate over "Rate Tracker" home loans – should they be standard?
3. Can teachers actually afford to buy a home in Sydney? We tackle it!
4. Deposits are hitting record highs – why is that?
5. Bonus: Check out this wild camouflage house!

Let us know your thoughts on this week's Finance in 5. Find us on Facebook!

https://www.facebook.com/groups/209395390748110/

YouTube video mentioned: Can 2 Teachers Afford A Home In Sydney? https://youtu.be/uZCuxGTKR4Q?si=aj-efPDfwQwHrhOX

In this enlightening episode, we dive deep into the world of property equity in Australia, offering you a comprehensive guide to understanding and leveraging the equity in your home. Whether you're dreaming of upgrading your lifestyle or expanding your investment portfolio, this episode is your key to making informed decisions. 

* What You'll Learn: Equity Basics: Discover what equity is and how it's calculated in the Australian property market. 
* Using Equity as a Deposit: Learn how to use the equity in your current home as a deposit for purchasing an investment property. 
* Methods to Access Equity: Explore the differences between cross-collateralisation and stand-alone loan options for buying another property. 
* Accessing Your Equity: Understand the processes of refinancing and increasing your loan amount through a top-up. 
* Lender's Requirements: Get insights into what lenders look for when you apply to access your equity. 
* Equity vs. Borrowing Power: Learn why having equity doesn't necessarily increase your borrowing power and what factors lenders consider.

If you want to learn more, visit https://www.huntergalloway.com.au/

Ready to own your first home in 2024? This episode is your roadmap! We break down the Australian home buying process step-by-step, from getting pre-approved with a broker to the exciting day you pick up the keys. You'll learn:

1. How to figure out your true buying power, including those hidden costs.
2. Smart ways to narrow your search to the right suburbs and find the perfect fit.
3. Why your conveyancer is worth the investment.
4. The timeline from making an offer to moving in.

Plus, hear real-life home buying stories and get expert tips to avoid common pitfalls!

Looking for more support on your journey to homeownership? Visit huntergalloway.com.au [https://huntergalloway.com.au/] to get started.

Get the pulse on the Australian real estate market with this week's Finance in 5! We unpack:

1. How interest rate shifts might impact home buying soon
2. Why Australians are (and should be) downsizing on land
3. Where to find the cheapest properties per square meter in Queensland and NT
4. The hidden complexities of property valuations
5. Plus, is now a good time to buy, even with uncertainty?

YouTube Video mentioned:Will Rates Dropping Make Houses Affordable Again in Australia? https://www.youtube.com/watch?v=kg8BsnMGXPI

Share your thoughts on this week's topics – find us on Facebook! https://www.facebook.com/groups/209395390748110/

What can you learn from buying 10 properties in 10 years? Jayden spills the beans in this revealing episode. With each property comes a story, a lesson, and a strategy refined through experience. Join us for an insider's look at successful property investment.

For more information, visit https://www.huntergalloway.com.au/