Scary strata reports, surprise levies, and the fear of being gazumped — these are the traps that can derail a first home buyer’s journey. In this episode, we dive into the most recent questions buyers are asking in our Facebook Group. You’ll hear how to approach a strata report without panicking, what concrete cancer and special levies actually mean for your wallet, and why some red flags are worth running from — while others can be factored into the price. We also break down the stress of holding deposits and explain exactly when your contract is secure, and when gazumping could still catch you out. Plus, we tackle villa units — a property type that sits somewhere between an apartment and a townhouse — and show you how scarcity and land content affect their long-term value. And if you’re thinking of making an unconditional offer, we cover the must-do checks you cannot afford to skip. If you’ve been feeling overwhelmed by defects, levies, or confusing contract terms, this conversation will give you the clarity to move forward without regret. Episode Highlights 00:00 – Introduction 02:09 – Understanding Strata Reports 02:40 – Q1: Researching Issues in Strata Reports 05:45 – Q2: Can You Be Outbid After Signing a Contract? 09:17 – Q3: How to Evaluate Villa Units 13:25 – Q4: Making Unconditional Offers in NSW 15:06 – Q5: Defects, Levies & Price: Dealbreaker or Discount? 17:42 – Conclusion and Final Advice Mentions Episode 30 - Where Do You Start with Due Diligence? Episode 128 - How are private treaty offers handled across Australian states? Course Details: THE First Home Buyer Course is our Step-By-Step, No BS Guide to Every Stage of The Home Buying Process – It’s the next best thing to having your own buyer’s agent. With our expert guidance, you’ll know what to do at every step along the way. Become a home owner faster and easier. Click here: https://homebuyeracademy.com.au/YFHBG If you enjoyed today’s podcast, don’t forget to subscribe, rate, and share the show! There’s more to come, so we hope to have you along with us on this journey! Subscribe on YouTube: https://www.youtube.com/@YourFirstHomeBuyerGuidePodcast Subscribe on Apple Podcasts: https://podcasts.apple.com/ph/podcast/your-first-home-buyer-guide-podcast/id1544701825 Subscribe on Spotify: https://open.spotify.com/show/7GyrfXoqvDxjqNRv40NVQs?si=7c8bc4362fab421f See omnystudio.com/listener for privacy information.

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