Five Things You Need to Know Before Buying a House
Credits
Hosted by: Kristina Modares and Steph Douglass
Produced and Edited by: Alan Galinsky
Music by: Bensound
Photo by: Chelsea Francis
Graphic by: Molly Knobloch
Highlights
How much your Realtor gets paid
How much money you’ll really need to buy a house
Option and earnest money - what’s the difference?
Benefits and programs for first time home buyers
Tax benefits for home buyers
Get the full episode transcription here.
Episode 3 Summary:
In this episode, Steph and Kristina discuss the five things you need to know before buying a house. The five things are: how your Realtor gets paid, how much money you need, what earnest and option money are, the benefits and programs for first time buyers, and the tax benefits of buying a home.
They discuss how most people go into the home buying process for the first time incredibly nervous because they “know nothing” - and that is ok! They explain how it’s completely normal to not know the process and what to expect - and that’s why you need to find a great agent to help you, especially one that focuses on first time home buyers.
They walk you through all five things you should know before going into home buying, and give detailed and helpful examples. You should leave this podcast feeling more comfortable starting your home buying journey, and be even more excited to take your first steps!
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Email us at Podcast@OpenHouseAustin.co for questions or topics that you'd like us to cover, or people you think that we might want to interview, or if you feel like you could add something to this conversation. Please feel free to email us. Follow us at OpenHouse_Austin on Instagram.
Source Links
Read first hand experiences from first time buyers here.
List of Austin home buying resources.
Become familiar with your real estate contract here.
How To Buy a House In Your Early 20’s And Make Money In Austin, TX.
Read the 15 things to know before buying in Austin here.
Read the 5 best ways for millennials to afford Austin homes here.