How the First Home Owners Grant (FHOG) could help you…
Purchasing your first owner occupied home is both a daunting and exciting experience and it makes sense that you have a thousand questions to ask. When purchasing your first property, don’t let yourself be overwhelmed by the experience, buying your first home is an achievable goal, but in order to get there, prospective buyers have some important things to consider, in particular cost, budget and location.
Below is some information around FHOG to hopefully make you feel more confident in speaking to us further…
- “How much can I afford to spend on a property?” one of the first things you must consider is how much money you have to cover the upfront fees. You’ll need to pay a deposit, mortgage fees and several other additional costs before you can buy a home.
- FHOG could be the helping hand you need
- FHOG can help with funding the construction of a new home, or to buy a new home.
- Between $15,000 and $20,000 towards buying or building a new house, townhouse or unit
- Property must be valued below $750,000
- You must be at least 18 years of age to be eligible
- You must be a Australian citizen or permanent resident
- You or your spouse must not have previously owned property in Australia that you lived in
At Pivotal Financial we specialise and enjoy the experience of getting people into their first owner occupied home, let us do all the work for you, we’ll keep you informed every step of the way, ensuring your first move is your best move.
