We recently helped a young man, that we will call James for the sake of this story, to buy his first home. James was 24 years old and had managed to save $10,000 from his job of a few years, as a mould injector. He really liked the idea of buying a property near his parent’s home as a way to be . . .
If you are in the market or considering getting into the market for your first home, then you are probably a little overwhelmed trying to work out how much you need to get your foot in the door. Now, if you have someone in your family that is happy to be a family guarantor for you, then you are . . .
We all know it’s not easy for First Home Owners (FHO) to get into the property market these days. For a property priced at $400,000 you’ll need around $40,000 to cover the deposit, stamp duty, legal and bank fees and Lenders Mortgage Insurance. There are, however, some ways you can reduce the amount . . .
In May this year the Federal Government put through a First Home Loan Deposit Scheme to make it easier for first home buyers to get into the market. It will be implemented from the 1st January 2020. So should you wait until January 2020 to buy your first home and take advantage . . .