40 - Should I Buy My First Home Now, Or Wait? Question Of The Week
How to Buy a Home: The #1 First Time Home Buyer Podcast
David Sidoni
4.8 • 891 Ratings
🗓️ 12 February 2021
⏱️ 32 minutes
🧾️ Download transcript
Summary
It's a special new episode for the How to Buy a Home podcast with David Sidoni, the How to Buy a Home guy - the Friday question of the week. Every week on Friday, David will be answering listener topical questions about how they can purchase their first home. This week, we dive into this one: "As a first time home buyer, if I can buy now in early 2021, should I buy now, or wait for the market to slow down, or even drop?" We go deep on the major factors influencing house pricing and why tenants should never let landlords exhaust their finances. Send your questions directly to David on Instagram @DavidSidoni, or Facebook message @HowtobuyHomeGuy.
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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 | 2021. This year is going to be a game changer. So every Friday this year, I'm going to add a |
| 0:07.9 | question of the week episode.? Happy Friday to you. |
| 0:33.9 | It is 12.56 in the morning. So that means it's time for me to record a podcast. |
| 0:40.0 | Happy Friday, everybody. I'm David Sedoni, the How to Buy Home Guy, and this is the |
| 0:43.4 | How to Buy a Home podcast, the show that teaches you how to turn your fattest monthly bill, |
| 0:49.1 | your rent, into your largest automatic wealth builder. And the cool thing is you can probably do that |
| 0:55.9 | a little sooner than you think. You can do this just by getting educated. Okay, I've been getting |
| 1:02.7 | so many you listeners reaching out to me. Truly appreciate it. This is very exciting. So what I'm |
| 1:08.9 | going to try to do is a new weekly bonus episode and you guys get to create it. If is very exciting. So what I'm going to try to do is a new weekly bonus episode, and you guys |
| 1:13.1 | get to create it. If you're new, smash that subscribe button right now, and you can hear all these |
| 1:18.2 | questions answered weekly. Free answers. That's right. It's just like cheating off the smart |
| 1:23.1 | kids' paper and not getting caught. See, I kind of went pretty wide when I named the show |
| 1:28.0 | How to Buy a Home. There's a lot to unpack there. So I'm going to let you pick the topic, |
| 1:33.3 | and once a week I'll answer the burning questions that you have about being a first-time home |
| 1:37.6 | planner or being eventually you're going to turn into a first-time home buyer, and you've |
| 1:43.7 | probably got questions along |
| 1:44.7 | the way. This week's question is one I've heard a lot in the last few weeks. And truth be told, |
| 1:50.0 | it's actually one that I've heard my entire career. Usually goes like this, David, bro, tell me the |
| 1:55.7 | real deal, man. I mean the inside stuff. Should I buy now or or should I wait I really want to get the best |
| 2:03.4 | deal answer to that question the short answer is if you're renting you should buy |
| 2:09.0 | yesterday or a year ago I don't know how long have you been paying rent truly |
| 2:13.8 | that would have been the best time for you to buy back when you signed your first lease. |
... |
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