76 - Home Buyer Listener Interview - Won A Bidding War In 2022
How to Buy a Home: The #1 First Time Home Buyer Podcast
David Sidoni
4.8 • 891 Ratings
🗓️ 4 March 2022
⏱️ 36 minutes
🧾️ Download transcript
Summary
Buying a house is easier said than done. It requires a lot of analysis, financially, mentally, and emotionally. In this episode, David Sidoni goes over an interview with a listener who sold a home in Indiana and bought a new home in San Francisco—one of the US' most expensive and competitive markets. He discusses buying a property cross country and shares some tips on how you can change jobs and still manage to get a home loan. Listen in as he talks about winning bidding wars in psycho-competitive markets and how to stay resilient and confident to make it happen.
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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 | Hey, everybody. Today's episode is an interview with Apurva, a how to buy a home listener who sold her home in Indiana to move to one of the most expensive and competitive markets in North America. |
| 0:10.8 | Now, she's going to tell us how her and her unicorn got an offer accepted in San Francisco. And the San Francisco area, homes are going for over $600,000 above the list price. That's not the price of the home. We're talking |
| 0:22.5 | $600,000 over the list price. That's the 2022 market. And she got her home on just her third |
| 0:30.5 | attempt. Let's in Southern California. She's in Northern California. She's a Midwest girl who moved out from Columbus, |
| 0:56.3 | Indiana, which I'm assuming is a lot cheaper than where she is right now, up by San Francisco. |
| 1:03.0 | And so far, she says she loves it, but her husband doesn't like mowing the lawn. But we've |
| 1:07.4 | discussed that that's probably better than having to shovel snow. So this is |
| 1:12.0 | Aporva and she's, hi, now what's really fun is I was looking before the podcast got going here. |
| 1:20.9 | Do you know that we talked on May 19th for the first time and you closed exactly six months later on November 19th. So tell us about your |
| 1:32.1 | journey. Now, you had a home in Columbus, Indiana, and you guys were just making the move to San |
| 1:38.0 | Francisco. Is that correct? Correct. Or the San Francisco area. Yeah. I mean, everyone knows |
| 1:43.3 | about the great resignation. |
| 1:45.0 | So I decided to move jobs during this time. |
| 1:49.0 | And then I happened to get one over here in the Bay Area. |
| 1:53.0 | So that was kind of complicated because I didn't know like how are we going to, you know, move |
| 1:59.0 | everything. |
| 2:00.0 | I already had a beautiful house there my |
| 2:02.6 | husband used to work in the same company like me we had a pandemic puppy so we had a dog we had |
| 2:08.6 | a big lawn over there and yeah it was definitely uh very cheap over there to own any kind of property |
| 2:15.7 | but yeah the move was definitely overwhelming. And so I started, |
| 2:20.8 | you know, finding out about, started researching and looking out for different things that can |
| 2:27.4 | help me move there. I definitely wanted to move into a house, having lived in the house. And that is where I started my journey of, |
... |
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