Growing Money with Sean Trace

Real Estate 101: First-Time Homebuyer Tips | Tim Craven | Growing Money With Sean Trace

Sean Trace Season 1 Episode 42

In this episode of Growing Money with Sean Trace, I sat down with my good friend Tim Craven, a Nashville-based real estate agent and musician, to dig into the basics of real estate investing. We talked about why buying a home is one of the smartest ways to build wealth, especially compared to renting. Tim broke down essential real estate concepts—like escrow, down payments, PMI, and appraisal gaps—in a super clear and practical way. We also explored how owning a home forces you to save, the importance of starting small, and how to make smart financial decisions when entering the housing market. This episode is packed with value for anyone thinking about buying property or just wanting to understand real estate better.