Real Estate

Who are Eligible to Receive First Time Home Buyers Grant?

For those who don’t know what a first time home buyers grant is, you’ll be glad to know it’s a one-time subsidy that will be given to first-time homeowners. The government gives this benefit to assist people who want to have their first house. You’re going to be eligible for this grant if you’re:

  • 18 Years Old or More

It wouldn’t make sense to award this grant to young teenagers because there’s basically no chance they can buy a home at their age. Even if they were able to save enough money in their piggy banks, they wouldn’t be mature enough to pay for the expenses that come with owning a house.

  • An Australian Resident

This grant is exclusive for Australian residents, so foreigners can’t come to the country and take advantage of it. Therefore, this should be one thing Australian citizens should be proud of. Also, those who are currently living in other countries have a chance to take advantage of this grant as long as are Australian citizens.

  • Not an Owner of Another Property

Since the government can easily check whether you owned a previous property or not, you shouldn’t bother applying for the first time home buyers grant if you previously owned one. You’ll just end up wasting your time in applying for this benefit.

For any further questions, you can consult the experts of Opal Finance. They’d love nothing more than to help you take advantage of the first time home buyers grant. They’ve been in the industry for many years so you can expect nothing but helpful advice. They’ll even meet you at the time and place of your preference. Of course, don’t forget to book an appointment in advance since there are many people who want to consult with them. Visit their website today.

Real Estate

Four Considerations in Buying House and Land

Buying a house and land is a dream for many people. After years of residing in leased apartments and units, it is time to acquire a property that you can call your own. Having a real estate property is a treasure worth investing. Aside from giving your household a residential place that assures your privacy, an attractive package is also a great investment.

Hence, you need to be sure you are buying one that can be both appealing and comfortable to your household and your future buyer. Here are some considerations that you must think of in buying a property:

  • Location

The place where you will settle or invest is perhaps the most important factor. Aside from thinking about the kind of community you want to dwell in, you should also consider the proximity of amenities to you targeted home. Moreover, you need to find out if it is accessible to your office and the schools where your kids are enrolled.

  • The condition of utilities

Some communities have a poor supply of power, water and gas. Nowadays, you also need to be sure that the house and land you are considering has a powerful and stable phone and internet connection. You don’t want to reside in a property that where you get frustrated because of frequent interruptions in any utility.

  • The type of package

Do you want a home that you build from scratch or one that is ready-made? If you choose the latter, you must hire reputable home builders who can construct the residence you are yearning for years based on the design you have in mind. Meanwhile, if you choose the latter make sure to thoroughly inspect the property you are buying.

  • Restrictions

You also need to know the building codes and restrictions in the community. In some areas, you must first get clearance from the authorities of any landscaping project. Make sure to know them to avoid heavy penalties.

Living on your own property is very rewarding. But first, you need assistance from a house and land package experts from Sunshine Coast to be sure that you have come up with the best residence for your family.

Real Estate

Advantages of Buying a Brand-New Home

Although there are multiple previously owned homes in the real estate market today, nothing beats the experience of purchasing a newly built house. You deal with fewer problems and maintenance cost, not to mention warranty you can take advantage. If you’re wondering if custom home and land packages are the best for you, see the following factors:

Custom design

The modern building process lets the buyer participating in the process of designing the property. This means you have the freedom to tailor designer’s plan for the house. You can choose the materials and type of structure you want, permitted that the architect approves it.

The flexibility and communication between the contractor and the buyer should be clear on the contract. This is to get away from misunderstanding or confusion. Better ask the expert ahead on the specific changes you can make to the plan.

Less maintenance

Since you’re getting a new home, you can expect the superior quality of appliances and structure itself. By far, this is the priority for most buyers as it can be pricey to maintain old houses. You can experience a major glitch in the middle of the day, only to find out that a certain component must be replaced.

Give yourself a break and get custom home and land packages. You will thank yourself in the future for taking this decision.

Simplified buying process

Unlike the previously owned property, buying a newly built house takes only two weeks before you can get the title of the land. You no longer need to go through series of document filing and legal counsel. You simply hire a trusted broker to make sure you get the best house for the price you can afford.

Get in touch with One Build Homes for a wide collection of affordable custom home and land packages. They offer a fixed price scheme to potential buyers so you don’t need to deal with increasing interest rates. Visit their website today to get started.

Real Estate

Mortgage Broker – The Most Credible Service

There are many things that a professional can do for you. For example, if you are seriously contemplating on buying a real estate property, you would have to apply for a mortgage unless you are super wealthy and can afford to purchase the real estate property in cash. If not, you can reap more benefits by hiring the most credible mortgage broker for these reasons:

  • You would get the protection that you need. They are highly capable of giving you advice and will choose a property which is right for you based on your financial status. Not all lending companies are the same, and each has its interest rates and other conditions. Rest assured that the broker will take care of you.
  • Brokers are skilled negotiators. It is an important trait that can lead you to have a lower interest rate. Also, there are many types of mortgages available, and you need someone who is skilled, so you get the most out of it. The most credible professional will explain to you the different types of mortgages, including the fixed and variable rate. By doing so, you can have a clearer understanding of what you are getting into.
  • Brokers can save a lot of your time. Before you decide as to which lending company you will negotiate with, you have to shop around first until you find the right partner. Of course, the broker will assist you looking for one. They will surely be looking into account the factors that you may need for a property.
  • The broker will help you improve your credit standing in case you are having trouble getting a mortgage. The credit score is significant so be wise to get assistance from the brokers.

Talk to them, and they will help you achieve your dream of becoming an owner of a real estate property.

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