To help improve housing affordability in NSW, the NSW Government implemented a package to assist first home buyers getting into the market. This package offers first home buyers stamp duty exemptions and reductions as well as grants for those building or buying new homes. First home buyers will be eligible for: No payment of stamp duty for homes valued up to $650,000 Reduction in stamp duty …
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What is buying off the plan? Buying off the plan means you are buying a property off a house plan. The property is advertised for sale but the building is only in early stages of construction or has not yet started construction. There are advantages and disadvantages to this type of transaction with lots of things for you to consider.
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An offer has been accepted and contracts are due to be exchanged. It’s nearly time to pop the cork on the champagne and start to celebrate but… before that all happens there are a few very important things to do before settlement takes place. Here we take a closer look.
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Step 1: Organise your Finances Long before you start looking for a home you need to book an appointment to chat to your Bank or Professional Finance Broker. Why? This will give you an indication of how much you can borrow, the deposit required and serviceability of the loan. When you have your finances sorted, you know what your spending limits are. Step 2: …
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Selling your biggest asset can be a stress free, rewarding and even an enjoyable experience. The outcome depends on a number of factors which are all within your control. When selling your property, you have the luxury of choice. Here are some simple steps to help you achieve the best result: Timing Ensure you are clear on when you need to move or sell and …
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