Buying your first property is an unforgettable experience, and it’s one of the most important decisions you’ll make to set yourself on the path of wealth creation. And if you’ve achieved this goal during the current economic times, you’ve done incredibly well so congratulations! Owning a first home can also be unforgettable if you’ve never…
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Buying a condo can be a good option for first-time homebuyers who want to own property while keeping costs and maintenance responsibilities low. Whether this is a good option for you will depend on factors including your lifestyle, budget, and personal preferences. It’s also important to consider the potential downsides, such as homeowners’ association fees…
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Climate change is having an increasing impact on real estate, and as a first-home buyer, it’s important to consider sustainability when looking to purchase a property. By thinking about a home’s green features you will not only reduce your environmental impact but also potentially lower your energy costs. It is a good idea to consider…
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If you’re a young buyer cruising the real estate scene to find your first home, you’ve probably found an apartment or house that hits the price range but may need thousands of dollars of upgrades. While this may put some doubts in your mind, you should take heart. Unless you’re confronting structural issues, many problems…
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A significant challenge facing New Zealand remains the affordability of property for first-time buyers. Even though prices across the country have tapered from the incredible rises we witnessed during the pandemic, purchasing your first home remains a significant financial challenge. Often parents will step in to help their children find their first rung on the…
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Moving into your first home is incredibly exciting and marks the beginning of an important chapter in your life. If you are thinking of embarking on some major upgrades, it may pay to get to know your new home well first. It’s worth keeping a journal of your general first impressions of living in the…
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As a New South Wales agency, we are getting asked many questions about the new land tax, the First Home Buyer Choice scheme, that was implemented in late November by the State Government. Most enquiries to our agents revolve around whether it’s cheaper to pay the slug of stamp duty (the conventional, upfront levy on…
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For prospective homebuyers, staying informed about changes in conforming loan limits can be crucial. These limits, which are adjusted periodically, can significantly affect your ability to secure financing for your home purchase. What is a Conforming Loan? A conforming loan is a mortgage that meets the dollar limits set by the Federal Housing Finance Agency…
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Savvy first-home buyers are entering the market with a spark of optimism, hoping that changing property values will allow them to enter the property market in the near future. Economic indicators and market trends can suggest potential opportunities on the horizon for both prospective buyers and sellers in the property market. The new year is…
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If you’re a first-time buyer itching to enter the market and constantly tapping the keys of your calculator app to work out how you’ll pay for your strategy, you may want to consider a different kind of approach. Recalibrating your property ambitions may allow you to buy into the market today and reap the rewards…
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