Category: First Homebuyers

What happens at settlement?

For many home-buyers, what happens on settlement day can feel like secret solicitor business. Of course, it’s the day when the deal is truly sealed. You take ownership of your new home, receive the keys and begin the next chapter of your life.  Settlement day affects buyers in different ways – some are excited about…
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How parents can help their kids buy a home

Loan guarantees are possibly the fastest way to help young, first-home buyers enter the market. In most cases, parents will mortgage a portion of their own home to help their children meet property prices that would otherwise be beyond their reach. It’s a popular strategy when a market dips and buyers want to move quickly…
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17 steps to buying a home

Buying a home is one of the most exciting and confronting moments in your life. While the blizzard of paperwork can seem overwhelming, don’t get caught up in the magnitude of the task. Take it one step at a time. There’ll be many people on your journey to help you, including your financial adviser, solicitor…
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How to become a ‘rentvestor’

Rent-vesting is an increasingly mainstream strategy for those seeking to break into the property market or expand their portfolio without it having an impact on their lifestyle. It breaks the traditional approach of buying a property and living in it. Instead, you rent in the area you love and buy in the suburb you can…
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10 top tips to save for a home

Saving for a new home or your first home is one of life’s biggest challenges but there are some great approaches to help you achieve you target amount faster. Saving for a property can take many months, even a couple of years. While it can feel a little isolating, many others are out there in…
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What the Royal Commission into Banking means for homebuyers

Major changes to obtaining a loan are being put into place after the Royal Commission into Banking revealed rorting and conflict of interest in the operation of some banks and financial advisors. Stricter guidelines are already being adopted across the banking industry and the impact is already evident with a squeeze on credit and downward…
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8 expenses to budget for before you buy a home

An outline of the eight major additional expenses – on top of your deposit – that you’ll need to budget for.

Why apartments make lifestyle sense

A cheaper entry price, convenience and a desire to maximise leisure time are three key benefits to buying an apartment rather than a house. Any decision should be weighed against your financial and property ownership goals, of course, but often the mental tug of war between buying a house or an apartment is ultimately influenced…
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How to inspect an apartment

Searching for the right property can be a tiring process if it stretches from weeks into months. Cutting corners on how thoroughly you look at it is understandable as a sense of despair sets in. But that’s a grave error. If an apartment grabs your attention, then double-down on a basic inspection before you get…
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12 smart tips for buying an apartment

Smart apartment buyers consider each property with a clear vision and will not compromise until they’ve found exactly what they want. Here are our tips for buying an apartment.