Gone are the times when buying a house of your own was just a dream. Every time you see a bungalow you desire to own it especially in Australia with luxurious spaces. Relax, it is not that difficult to turn into an owner from a mere gazer, to concretize this dream than confining it to your brain’s boundaries. Now is the high time you start accomplishing that dream with the right and appropriate support which we are eager to provide you.
A recent article published in the Financial Review reveals that loan repayments are more affordable than renting a house in the country. Another analysis by CoreLogic says that rental values have increased rapidly in recent years, quite a lot (around 20%) after COVID period.
Does this mean becoming a house owner instead of a renter require less efforts from your side? Let us help you to get towards your destination with these informative points:
- Recent hike in rates has led to a positive consequence for the buyer because the seller is ready to negotiate.
- Also, there is less competition in the buyer’s market gradually and eventually leading to property price drops.
- Moreover, the average days for which the property stays in the market have gone from 20 to 35 resulting in price decrease of property.
- Try to look for the correct areas and have an upper hand over the negotiator to make buying in your favour.
- Search for the schemes offered by Government which can help you avoid a huge amount of deposit and the stamp duty as well.
- Various schemes can be enjoyed by eligible buyers like single parents, first home buyers which enables them for a less deposit amount with a minimum of 5% and that too without paying lenders mortgage insurance.
- State governments also offer stamp duty concessions to the eligible buyers.
Many of you must find it troublesome to find more and get along with these government schemes but worry no more. We will guide you in applying for the right loan, saving your money and making the process a bit faster for you. You can reach out to us anytime and we’ll be grateful if we could do a bit in making your house’s dream a reality.