Ever seen a “bargain” home that comes with an EQC claim, missing insulation, and a nervous insurer? We dig into real listener scenarios and show how fast a dream deal can unravel when banks, insurers, and lawyers aren’t aligned. From first-home jitters to investor calculus, we break down what to probe, when to pause, and how to protect your approval.First, we tackle the EQC conundrum: you can’t draw a mortgage without insurance, and you might not get insurance with an unresolved claim. We share a simple decision path for first-home buyers and why patient shopping often beats forced risk. Then we turn to legal costs, comparing one-off tender reviews to fixed-price first-home packages that include multiple contract checks, LIM and title reviews, and KiwiSaver withdrawal—so your legal support matches how you actually buy in a competitive market.Next, we unpack FIFO income for Kiwis working in Australia. Strong wages help, but banks often shade overseas income for currency and continuity risk. Learn what paperwork to assemble, how shading affects borrowing power, and what deposit sizes make approvals smoother. The sharpest cautionary tale arrives with a LIM revealing a home encroaching onto council and highway land. We explain why insurers or banks might initially say “okay” and then reverse when lawyers can’t confirm the risk, and how title changes can trigger agency action that leaves owners exposed.Finally, we map a practical plan for lifting a bruised credit score after a default: pay it, get proof, automate on-time payments, and track progress with ClearScore. Pair that with a clear narrative that shows what went wrong, what changed, and why it won’t happen again. If you’re navigating New Zealand property, this is a playbook for spotting red flags, asking the right questions, and making confident moves.Enjoyed the chat? Follow the show, share it with a friend who’s house hunting, and leave a quick review so more Kiwis can find these tips. What’s the biggest red flag you’ve seen on a LIM or contract? Send it our way.Send us a text Support the showBuy your first home in NZ Weekly Webinars You thought it's not possible or the dream is too far away? Come to my webinar and I will show you, you are much closer to your dream, than you think you are! Join Here - https://bit.ly/4m9SL72

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