75 - Inspection Red Flags, New Tips For 2022 Bidding Wars, And...To Wait, Or Not to Wait?
How to Buy a Home: The #1 First Time Home Buyer Podcast
David Sidoni
4.8 • 891 Ratings
🗓️ 18 February 2022
⏱️ 36 minutes
🧾️ Download transcript
Summary
The 2022 housing market is moving FAST, and that means as a First Time Home Buyer...you best be ready! To prepare yourself, you need to understand the inspection red flags when looking for homes. Even if people may ask you to waive inspections, say no! You need to see the home for information purposes. Just make sure you have time to back out of the deal. Do you want more tips on red flags and on how to win a bidding war? Are you looking for the answer to the question - "is this pain in the butt all worth it? Should I wait for this to die down?" If you say “YES”, then this episode’s for you. Tune in!
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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 | All right, 2022. What is it like to be a buyer in 2022? It's fast and it's crazy. And you're not |
| 0:06.9 | going to like every aspect of how it goes down. In fact, it might be more frustrating than you |
| 0:11.1 | ever imagined. Just what you wanted to hear at the beginning of your podcast, right? Look, |
| 0:15.3 | it's truth time because I believe this is worth it and I believe that you can do this. |
| 0:19.2 | So let's prepare you for being a buyer in |
| 0:21.9 | 2022 because hey gang, nothing truly worthwhile is ever easy. Let's go. I'm out here. What's happening? How to Buy a Homies? You know, I was talking to How to Buy Home team member today who said that we really should get some How to Buy a Homey merch. And she was suggesting those little dolls from the 90s, remember the little homies? |
| 0:56.3 | So I looked them up and it turns out that they don't make them anymore because law enforcement |
| 1:00.0 | entities pressured retailers to stop selling little homies. |
| 1:04.6 | So big stores like Walmart and Safeway, they stop selling the toys. |
| 1:08.2 | So now I just need to find a vendor who will make them for me and doesn't care what the man says. |
| 1:12.9 | All right, back to how to buy a home. |
| 1:15.1 | I'm David Sidoni, and this is your Warp Speed 2022 crazy fast info to prepare you for the crazy fast 22 housing market. |
| 1:24.0 | The facts and the data that you need so that you don't go ballistic when you |
| 1:28.9 | actually figure out how this is going down. And like I said, since the 90s are all their age |
| 1:33.4 | right now, like my little homies, I guess I compare this market to the X-Files. If you think that |
| 1:38.2 | something you hear, some story that just seems too outlandish or just too insane to be true, like the, you know, |
| 1:46.4 | crazy out-of-this-world cases and X-Files? Yeah, it's probably true. Welcome to 2022, and |
| 1:52.9 | you best open your mind because the lowest inventory of errors created a post-pandemic |
| 1:58.1 | alien market that seems too wacky to be true. |
| 2:01.6 | But the truth is out there, and the truth is freaking bananas. |
| 2:05.6 | All right, it's preposterously fast and absurdly competitive. |
| 2:09.9 | And that's just the way it goes. |
... |
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