121 - When To Back Out Of The Deal - Interview With A First Time Home Buyer
How to Buy a Home: The #1 First Time Home Buyer Podcast
David Sidoni
4.8 • 891 Ratings
🗓️ 26 August 2022
⏱️ 28 minutes
🧾️ Download transcript
Summary
After renting a couple of years, Jake decided to buy a home. When he first found a place to put an offer to, he got concerned, so he canceled his contract. The second home had significant problems during the inspection, so Jake canceled his contract. Finally, he found a quality team representing him that made him feel secure, comfortable, and confident in purchasing his dream home! You can learn from Jake when to back out of the deal and what you should watch out for before buying a home. Here is his story...
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David Sidoni, the "How to Buy a Home Guy," is a seasoned real estate professional and consumer advocate with over 18 years of experience helping first-time homebuyers navigate the real estate market. His podcast, "How to Buy a Home," is a trusted resource for anyone looking to buy their first home. It offers expert advice, actionable tips, and inspiring stories from real first-time homebuyers. With a focus on making the home-buying process accessible and understandable, David breaks down complex topics into easy-to-follow steps, covering everything from budgeting and financing to finding the right home and making an offer.
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Transcript
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| 0:00.0 | Oh, the big question that so many first time homebuyers have, when should I pull out of the deal and not buy the home? |
| 0:09.0 | Well, today we've got a real life story from a real life first time home buyer. |
| 0:14.1 | I love doing these interview podcasts because it's a chance for you to listen. |
| 0:18.6 | So yeah, everybody's personal situation is different, but you can still |
| 0:22.1 | learn from these real life experiences, especially when it comes to something as tricky as getting |
| 0:28.9 | an inspection and deciding not to buy the house that you already got your offer accepted on. |
| 0:35.8 | Here's Jake. |
| 0:36.6 | Here's Jake. |
| 0:52.5 | Well, hello, gang. |
| 0:54.1 | We're very excited about it today. |
| 0:55.1 | This is Take 2. |
| 0:56.2 | Thank you, technology. |
| 0:57.4 | We're going to see if it works. |
| 1:02.9 | This is Jake in Utah, who I just found out, so I'll recap for you. |
| 1:09.1 | He started thinking about buying a home back in April of 2021, and he actually closed earlier this year in 2022 at the beginning of the year. |
| 1:12.9 | Jake, say hi to the world. |
| 1:14.7 | Hey, how's it going? |
| 1:16.3 | We found out in the last interview that got cut off. |
| 1:18.8 | Thank you, technology. |
| 1:20.1 | So April of 2021, what was the big reasoning behind you deciding that you wanted to become a homeowner? It was just the next |
| 1:29.5 | step in the plan for me. So structural engineer, I had a big test in April. And after I passed that |
| 1:35.8 | test, it felt great and on to the next big thing, I guess. Now, did that change career for you? |
... |
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