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Industry Focus

Energy: 5 Hot Tips for Buying a New Home

Industry Focus

The Motley Fool

Interview, Money, Consumergoods, Business, Businessnews, Ceo, Technology, Investing, Stocks, Energy, Fool, Financial, Economy, Healthcare, News, Banking, Motley, Tech, Business News, Investments

4.6854 Ratings

🗓️ 30 May 2019

⏱️ 35 minutes

🧾️ Download transcript

Summary

A home is the largest purchase the average person makes in his or her lifetime. However, real estate transactions can be intimidating, and because most people only go through the process once or twice, it’s hard to develop the experience needed to “know what you don’t know.” To help bridge this knowledge gap, Motley Fool personal finance experts Dan Kline and Maurie Backman join the podcast to share their experience buying properties and their 5 best tips for buying a new home.

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Transcript

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0:00.0

Thanks to AirB&B for sponsoring this episode of Industry Focus.

0:03.0

Whether you're looking for some side cash or a steady income,

0:06.0

hosting on AirB&B might just be the best investment you've made yet.

0:10.0

Go to AirB&B.com slash Fool to start hosting and learn about a $100 Amazon gift card offer for

0:16.2

our listeners.

0:17.2

Terms and conditions apply.

0:21.0

Welcome to Industry Focus, the podcast that dives into a different sector of the stock market every day.

0:25.0

Today is Thursday and we're talking about our favorite tips and tricks to use when buying at home.

0:29.0

I'm your host Nick Saipel, and today I'm joined in studio by Motley Fool contributors Dan Klein and Morrie

0:33.2

back then.

0:34.2

Dan and Morrie good to have you here.

0:35.2

Hey Nick, how are you?

0:36.2

Hey, I'm doing well.

0:37.2

I'm excited we're going to talk about home buying today because when you think

0:40.8

about it, the home is the most expensive thing that the average person

0:43.6

buys in their lifetime.

0:45.2

It's part of the American dream, but it's something that, again, the average person only does once or

0:49.8

twice, so it's really hard to understand exactly what you need to do when you go through this process.

0:54.5

And it's really complicated.

0:55.6

So we have the two of you all here today to talk about your favorite tips and tricks.

0:59.3

I know Dan's bought several properties over the years.

1:01.7

I am not the average person. My wife and I in the

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