J.R. Whelan

speaker

21,375 appearances 574 recordings 1 series first heard Oct 2017 last heard Aug 2024

J.R. Whelan’s voice in public audio — every appearance, attributed to the second.

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WSJ Your Money Briefing · How to Avoid the Most Common Mistakes Made by Homebuyers · 21 Apr 2023 podcast

When we come back, we're going to shuttle ahead further along in the home buying timeline to a common trap where prospective buyers often make a critical mistake, the inspection. voice-verified

On the surface, buying a home might look like a relatively smooth process, but some common and costly mistakes made by buyers can result in frustrating delays and, in some cases, inherited responsibilities. voice-verified

Take Brandon McGinley and Lindsay Overton from Wenatchee, Washington. voice-verified

We met them in last week's show while they were visiting New York City. voice-verified

Another area where some homebuyers make mistakes comes late in the process and for some can derail the progress toward closing the deal. voice-verified

Here's more from New York University's Sam Chandon. voice-verified

Stella Guan is in her early 30s. voice-verified

And two years ago in 2021, she wanted a fresh start after deciding to sell her condo on the East Coast and move to California. voice-verified

She was one of the millions of people who rushed into the housing market looking for something new. voice-verified

Did you actually see the house before buying it? voice-verified

And what did you learn about the house after you moved in? voice-verified

All right, so take us through this timeline. voice-verified

You're given the keys to the house and what unfolded after that? voice-verified

So what are the lessons here? voice-verified

How would you do things differently next time? voice-verified

Stella Guan, thanks for being with us. voice-verified

And Sam Chandon joins us again. voice-verified

You know, Sam, there's so much riding on the potential purchase of a home, the next chapter of someone's life, more living space if they're planning on expanding their family. voice-verified

And for some, they're caught up in simply the momentum of reaching the finish line. voice-verified

But in falling in love with a home, do people sometimes lose sight of the possibility that they may have to just walk away? voice-verified

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