Step 1. How will you know it's the right property for you?
By the end of this section, you'll be clear on what will make this property purchase a success for you . Let's dive in!
1.1 Video Why are you doing this? & Slide Deck
In this video we get clear on:
The human need for security when it comes to property. Turns out it's second only to the need to eat and sleep!
Why you in particular are buying a property.
Why you're buying now.
Any hidden life or property related desires that may impact your purchase
Your one key property buying sentence that's true for you in all circumstances
1.2 Workbook with video guide .mp4
Step 2. 100% Financial Clarity
1. Why you should use a broker
2. Why you mightn't be as ready as you think you are
3. Put figures on it.
4. Cost to renovate
2.1 100% Financial Clarity Video & Slide Deck
Assessing your financial position. We go through
If you're a strong buyer, a good buyer or a pre-buyer
What to do if you need to sell before you buy
If you should talk to a broker and why
Insurances
Things that go wrong at drawdown.
The team you'll need
The things you should start learning now.
One FREE thing you should get your hands on
A complete legal guide to the buying process
2.2 Workbook with video guide.mp4
Step 3. Your Market Match Areas
We take the DAFT helicopter to find your property.
- Use this big picture view to select your top 3 areas
- Buying near a center of gravity concept
3. 1 Finding your market match video.mp4
We go through 6 key concepts
Online versus physical viewings
Using the DAFT helicopter
Centre of gravity concept
Patterns that emerge
5 levers in a buyer's control
3.2 Workbook with video guide.mp4
4. 3 Ways to research a property
In this Step. You learn:
Questions to ask selling and local estate agents
Why and how to do a driveby viewing
Some online hacks for researching a property
4.1 Three ways to research a property
We're going to look at
how to harvest local estate agent knowledge
why and how to do drive by viewings
some hacks to research a specific property online
5.Viewing & Bidding
Use Breffnie's Property Viewing checklist
Think like a bank valuer, knowledge of 3s
How, when and what to bid
5.1 Viewing & Bidding Main lesson
We talk about what you should already know before you decide to physically view a property.
We look at the the Bidding process and how to assess:
- the bidding climate
- trends within your property niche
- property features worth paying more for
- If you and this vendor and this property are a good fit
- Asking versus selling price
- Breffnie's general approach to bidding
- How, when and what to bid
- Some common bidding problems
5.2 Property Viewing Checklist with Video guide
Breffnie talks through her Property Viewing checklist.
Knowledge of 3's Price research worksheet
6. Sale Agreed to Keys in your hand
25 - 30% of deals fall apart at the Sale agreed stage. Don't let yours be one of them.
Step by step guide to what happens when once you're sale agreed.
How to work with your team to minimise risk of things going wrong
Summary of costs at this point
Sale agreed. How to avoid things going wrong.
This is a very important and often delicate part of your property purchase. It's where the deal can fall apart. 25 - 30% of deals DO fall apart at this stage. We look in this lesson at how to minimise the chances of this happening. Download the slide presentation here.
You're "Sale agreed" What happens next and when?
The agent has phoned to say that your bid has been accepted. Briliant! What happens next and when.
Zoom call recordings
Jacinta O Sullivan Solicitor, zoom call
