151 - 8 Mistakes To Avoid When Buying Your First House - a podcast by Dalan Vanterpool

from 2019-10-28T08:00

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At some point in your career you may decided to leave your parents house or stop renting apartments. You want to buy a house. This is a big deal, and we want to make sure you are well-prepared to navigate the process.
 
At this point I’ve purchased homes in three countries, and been involved with the bank financing for numerous other homes, commercial properties and even private islands. Here are some potholes to avoid so you come out like a champ! 
 
  1. Take time and don’t rush the process.
  2. Get something manageable.
  3. This does not have to be your dream house.
  4. Understand the financing terms.
  5. Investigate the developers and warrantees.
  6. Run calculations on the purchase and cost of living.
  7. Take your time furnishing the house.
  8. Study the market and consider how long you plan to stay.
Question of the day: Which home buying tip did you find most useful? (Comment below or on twitter)
 
Essential career advice for ambitious young professionals. 
 
Full show notes and other resources available at www.focusthefire.com
 
Connect with host on twitter @dalanv www.twitter.com/dalanv
 
Connect with show on twitter @focusthefire www.twitter.com/focusthefire    
 
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Further episodes of Careers and Cash Flow

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Website of Dalan Vanterpool