The First Time Home Owners Grant has provided a much needed boon to the Australian economy and has helped many Australians realize their dream of purchasing their own home But recent changes to the lending conditions may hurt potential first time … [Read more...]
First Time Home Owners Cause Surge In Unlikely Areas Part 2
In our first installment we looked at the trend of unlikely areas receiving an upswing in home sales and interest as a result of the First Home Owners Grant and boost. Here we will continue to explore this unusual and interesting phenomena. First … [Read more...]
First Time Home Owners Cause Surge In Unlikely Areas Part 1
The First Home Owners Grant has helped many first time home buyers in Australia get into their very first home. And it has caused quite a stir throughout the real estate world as realtors and mortgage companies as well as banking financial … [Read more...]
First Home Buyers Grant Extended Part 1
The Federal Government recently announced that they will be extending the First Home Owner Boost through to the end of the calendar year. This means that first time home buyers will be given an additional six month to take full advantage of the free … [Read more...]
Rush To Cash In On The New Home Owners Grant May Lead To Trouble With Repayments
Many Australians have been taking advantage of the Federal Government's first home owners grant of $14,000 for a pre-existing home and $21,000 for a new construction home. The offer from the Federal Government is just too good for many Australians to … [Read more...]
Banks Insist On More Money Down
The Commonwealth Bank recently announced that home buyers will have to come up with at least 3% of the purchase price for a home as a down payment on their mortgage out of their own pocket. This would be in addition to any money that is received … [Read more...]
How To Get The Most Out Of Your First Home Owners Grant
The First Home Owners Grant is a great incentive that the government is offering to all new home buyers that meet the criteria in Australia. There are a lot of great ways to put the money to good use to get the most out of it. Here are a few tips on … [Read more...]
New Home Owners Create A Boon To The Market
Buyers who are taking advantage of the First Home Owners Grant are providing the housing market with a much needed boost. According to recent data from the Loan Market Group new home loans granted to first time home buyers have increased … [Read more...]
First Home Owners Grants Causes Influx Of Activity Part 2
In the last installment we looked at how the First Home Owners Grant from the Government was offering great incentive to new home buyers to help them get into a new home in 2009. We also discussed how the Grant is helping the real estate market. … [Read more...]
