{"id":37469,"date":"2022-03-18T12:55:27","date_gmt":"2022-03-17T23:55:27","guid":{"rendered":"https:\/\/propertynoise.co.nz\/au\/?p=37469"},"modified":"2022-03-21T09:22:55","modified_gmt":"2022-03-20T20:22:55","slug":"gold-coast-woman-buys-property-sight-unseen-after-attending-50-open-homes","status":"publish","type":"post","link":"https:\/\/propertynoise.co.nz\/au\/gold-coast-woman-buys-property-sight-unseen-after-attending-50-open-homes\/","title":{"rendered":"Gold Coast woman buys property sight unseen after attending 50 open homes"},"content":{"rendered":"

PHOTO: From location and financing, to renovations and regrets.<\/strong><\/p>\n

This week on First Home Buyers, 23-year-old Maddie Walton wound up securing a property sight unseen, after attending over 50 inspections and going through eight mortgage brokers.<\/strong><\/p>\n

I was at work when my buyers agent called to tell me my offer had been accepted. Then it dawned on me I’d just bought my first home sight unseen.<\/p>\n

The best way to describe the feeling was \u2013 I was a mess. I was crying happy tears. It was just amazing to know my hard work had paid off.<\/p>\n

I was just 15 when I had the dream of one day buying my first home.<\/p>\n

I read the\u00a0Barefoot Investor<\/em> and that sparked everything for me. I got into finance and property podcasts as well as learning about the share market when I was 18.<\/p>\n

When I was 20, I learned about the\u00a0First Home Super Scheme. So, I started saving $10,000 through the scheme each year through my part time job while studying full time at university.<\/p>\n

But my issue was only having a part time job, it was difficult to service a loan.<\/p>\n

At 23, I was offered a full time role as a medical researcher, and kept my part time retail job on the side to boost my deposit. I worked 70 hours a week between both jobs to boost my borrowing power, and add more cash to my down payment.<\/p>\n

\"First
Walton had been to over 50 open homes, a struggle while working seven days a week. She engaged a buyers agent for support. (Supplied)<\/strong><\/em><\/figcaption><\/figure>\n

If that wasn’t enough of a challenge, the prices of Gold Coast properties had increased drastically during the COVID-19 pandemic.<\/p>\n

I’d been to over 50 open homes and made several offers but nothing was really sticking. It was also tough getting to open homes because of working seven days a week.<\/p>\n

I decided to employ a buyers agent to assist me throughout the process of my purchase. Yes, they’re expensive, but it helped me so much with open homes and handling all the things I didn’t have time for.<\/p>\n

I was a 23-year-old with no help around her. No one really took me seriously.<\/p>\n

Even when I told them my income and told them what I wanted, they just said ‘we’re so busy right now, it’s going to take us a long time to get back to you’. This was for mortgage brokers, real estate agents and the likes.<\/p>\n

\"First<\/p>\n

Walton shares financial learnings on her Instagram, including all the costs associated with buying her property. (Supplied)<\/strong><\/em><\/p>\n

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