Buying A House Drunk
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It's the Real Estate Podcast, brought to you by ANZ Home Loans for financial well-beings. And welcome to another episode of the Real Estate Podcast, available on iHeartRadio every morning and also on Spotify and Apple and wherever you get your podcasts from. The weekend is here, Saturday morning. Is it a weekend full of real estate at your place? Maybe you're just fueling up for the day and It is the eighth day for October for 2022. It's been another busy week. Coming up next week, we are going to be talking and looking at fraud in real estate. There is this strange thing happening in the space of high-end luxury properties with some people wanting to give the impression to others that that they are highly successful individuals and they lie about their wealth and what they are doing, including going along with an agent to view luxury properties, giving them the impression that they have plenty of money, hundreds of thousands of dollars for the deposit, when in reality they don't have any of that money at all.
So we'll look at that next week. Coming up next, we are talking to Luana Ribeira in Wales, who has a tale to tell us. Now, you might have heard of the British woman who bought a house when she was drunk and didn't realise it until the next morning. Well, that is Luana. You can imagine the discussion in the morning. How do you feel? Oh, not so bad. Oh, by the way, you bought a house yesterday when you were drunk. And we will find out what that story is all about next. It's your weekend real estate breakfast, a cereal-sized podcast about what's happening in your local backyard every Saturday morning on The Real Estate Podcast. Hey, if you're celebrating your birthday today for October the 8th, you are in pretty good company.
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We are just as addicted to property as you are. It's the Real Estate Podcast across Australia, seven days a week. Well, you might have heard about the British woman that confessed that she ended up buying a property when she was drunk. How do you do that? Well, let's find out from her. And she is joining us from Wales in the UK. And a very good morning to you, Luana. Welcome to the Real Estate Breakfast.
Thank you for having me on. It's great to be here.
Of course, all of our listeners are going to be wondering, how did you buy this property, inebriated?
Well, I'd been to see the house. It was a repossession. And I went to see it with a friend who was interested in buying it. But as soon as we walked in, she changed her mind because it was so run down. The area was rough. I mean, you know, it was bad. I quite liked it. I took a bit of a shine to it. I kept thinking, well, you know, what could it be like? So a little while later, she kept me up to date with everything that was going on, that was going on auction and everything like that. I was working in a cocktail bar at the time. After work, we stayed for a couple of drinks as we, you know, we did quite regularly, but But this time was particularly wild. We ended up playing drinking games. I ended up stumbling home at half past eight.
Honestly, I don't remember. But apparently I said, I'm buying that house. And I phoned the estate agents and I put in a bid.
Okay, so let's just back this up a little bit. Tell me a little bit, because you're a first home buyer, how long did it take you to save up for your deposit for this first home?
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