After tips on saving for your deposit or wondering whether homeownership is right for you and your financial situation? We’ve got all the important first home buying topics covered here in our first time buyers hub. From understanding home loan terminology to a step-by-step run through of the process of buying your first home, we’ll have you a home buying expert in no time.
You may be emotionally ready to settle down but how do you know you are financially ready to buy your first home? Taking on a mortgage is one of the biggest financial decisions you’ll ever make, so before you take the plunge it’s a good idea to take a moment to consider all the expenses attached to owning your first home.
Attention first home buyers: the squeeze is on. You’re in danger of borrowing too much for an over-priced home. But don’t despair. Mozo’s money experts give you three weapons that never fail to bust through market hype and deliver happy home ownership.
The feeling of picking up the keys to your very first home is priceless. No more rent hikes, evictions or inspections to deal with – and you can even own a pet without landlord drama! Plus, purchasing property is generally a good investment, as your home should appreciate in value over time.
Whether real estate prices are on the rise or economic conditions are making it more difficult to save, buying your first property can be a hard personal finance nut to crack. That’s why it’s important to look at all your options as a first home buyer, to see how you can get a foot in the door earlier.
The journey of buying your first home can be a daunting one so it can be helpful to know what happens when, who does what and what you need look out for. We’ve pulled together this step by step guide to help you be a first time property pro.
Saving for your first home? First home saver accounts may have been scrapped by the Abbott Government but there are plenty of other ways you can boost your savings pile for that first home deposit. Here's some ideas to get you started.