By Stevie Waring
As the newest member of Velocity Financial (I started with the company in April), I
quickly realised that I was the only person in the office who isn’t a homeowner. I
soon became determined to change that.
My partner and I had talked about home ownership a lot over the past year but
viewed it as something that could only occur in the future—maybe one or two
years away at the earliest.
We watched as the news reported rapid increases in house prices in New
Zealand and Wellington. We were faced with an epidemic. Who were we but
mere mortals? We couldn’t fight an epidemic. So we made peace with the ever
lengthening time between now and home ownership.
Coincidently, I had organised to come along to Lance’s Home Buyers Club that he
runs fortnightly at the office to see what it involved and, just mere days before
this, my partner and I found out that we were getting kicked out of our rental
property and we needed to move again this year.
At the Home Buyers Club it quickly became clear that things weren’t as grim as
we had once thought. There were still houses on the market, in our price range,
and the overdraft we ran into during our first years of university wouldn’t put us
on the bank’s black list after all. What a revelation!
What was to follow in the next four months was like your first relationship: an
emotional rollercoaster filled with checking your emails and TradeMe
obsessively—hoping that cute little three bedroom with insulation likes you as
much as you like it.
I hope our story can bring hope to those with seemingly far off home ownership
dreams. As time continues to go by and your friends and family are telling you
that the next one will be the one, it can be really easy to put pressure on yourself.
However, here are three tips that helped us stay sane and optimistic along the
1. Take a Break
You will not miss out on a once-in-a-lifetime opportunity because you spent one
restful Sunday eating brunch and lying in the sun, I promise.
2. Don’t Shop for a Bargain
They don’t really exist. And hunting for these unicorns just takes up your energy
3. Make it a Team Sport
Build an amazing team of professionals around you who will reduce your stress
and encourage you to persevere during this process.