The $7000 First Home Owners Grant represents a great opportunity for first homebuyers to stop wasting money on rent and secure their future with a home of their own.This one off payment can be used to help you with:
• A deposit on your home if you have little or no savings
• Reducing your loan amount which will keep your repayments low
• Getting a larger home in a better location
• Extra funds to spend on luxury items like a swimming pool or air conditioning.
This is a once in a lifetime opportunity to purchase a home NOW and take advantage of lower interest rates and stable building and land prices.
To be eligible you must:
• Establish what finance you qualify for
• Secure a home and land package
• Enter into a building contract with a builder