December 2015

Five Simple Steps for Purchasing Homes in Perth for First Home Buyers


From the outside, the process of finding and buying your first home involves vast amounts of time, money and paperwork. If you break it down into seven simple stages, however, it is not as daunting as it initially seems. Here are seven simple steps you can follow: 1. Work out your budget Unless you have significant savings, chances are you are going to have to take out a mortgage to pay for your first home. In the current mortgage market, you will require a deposit of at least 5% of a property’s value to secure a mortgage from a lender. This means that if you want to buy a $250,000 property, you will need to put down a deposit of at least $12,500.
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On Saving Money for Deposit for House and Land Packages in Perth


When you are not on the property ladder, saving a deposit for a house and land package can seem like a daunting task. The key to success is to start saving as much as you can as soon as you can. Lenders are often cautious about lending to young, would-be home buyers, so the larger the deposit you can put down against your purchase, the broader your choice of mortgages is likely to be. Take a long, hard look at your budget If you are serious about saving money fast, chances are you will need to set aside a significant proportion of your monthly income. The best way to boost your savings is to keep track of your spending so that you can identify areas where you overspend and take action to curb your spending. This might mean restricting the amount you spend on activities, such as shopping and socialising.
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Benefits of House and Land Packages for First Home Buyers in Perth


Most people, when looking to buy a home for the first time, will keep an eye out for existing houses and flats, without considering the other options. Though a lot of people aren’t aware of it, there are a wide variety of benefits in home and land packages for first home buyers in Perth. First of all, buying land and house packages offers a huge capacity for customisation. Buying a home that’s already built can be great if it’s absolutely perfect for your tastes, but odds are you’ll find something further down the line that is more to your liking. By purchasing a house and land package, you can get involved with every aspect of design. With this kind of freedom, you’ll be able to ensure that your new home fits in nicely with your preferences, and save time, money and other resources in the process.
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Top Indicators You’re Dealing with a Reputable Perth Home Builder


If you’re building a home for the first time, there are a few key points that you should take into account to make certain that you are choosing the right home builder. Market Exposure Recent reports have pointed out that the real estate market in Perth is seeing a bit of what is known as a “correction”. In other words, there are a greater number of listings for sale at lower prices than in the past. However, a substantial amount of construction is still taking place, and new homes exist in great numbers. The levels of exposure that any builder has to the market will directly correlate with the price that a buyer can expect to pay.
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Essential Factors First Home Buyers in Perth Need to Look Out For


There are a few key variables to keep in mind when investing in a home in Perth for the first time. Understanding these factors is critical to making the best choices. Choosing where to build a home can be a tough task. While certain locations are highly desirable, there are still a few steps to highlight as well as some benefits that are offered by the government. Take a look at both of these areas. Grants for First-Time Buyers Those who are contemplating the purchase or construction of a home for the first time can take advantage of a programme called the First Home Owner’s Grant or FHOG. This grant is able to provide an individual with a total of up to $10,000 dollars towards any new home purchase. Be sure to visit the FHOG’s official website to learn about the qualifications and conditions of the first home buyers grant.
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An Introduction to the Benefits of House and Land Packages in Perth


If you’ve been holding onto a long-running dream of having a brand new home, you may have the term “house and land package” come up a few times. This is becoming an increasingly common option for people who want a new place, and comes with several benefits when compared to buying older property. If you’re still a little confused about the whole thing, here’s a brief introduction to house and land packages in Perth. First of all, the question that may have brought you here; what exactly is a house and land package? Most residential construction in Perth today is done by property developers who acquire land when the government releases it. These developers will be responsible first for laying down the infrastructure for a residential area; roads, water, electricity and so forth, and then have a choice in how to proceed.
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Four Misconceptions about House and Land Packages in Perth Debunked


Aussies in the market for a new home often find that buying an established property sounds like a more convenient and cost-savvy option versus building a new one. However, many home buyers today are surprised at how easy it is to build a brand new home that suited their budget through house and land packages in Perth. This home building option has been increasingly gaining popularity in the past decade. Despite this trend, though, preconceived notions are still hindering some homebuyers from recognising the advantages. It’s time to debunk the four most common misapprehensions about house and land packages: 1. Prohibitive costs. If you think long-term, purchasing land and house packages is a more financially efficient option. For one, you can spare your pocket from maintenance expenses in the near future. Reliable builders also provide comprehensive warranty as well for your peace of mind.
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Working with Home Builders: How to Reduce New Home Construction Stress


You can never totally steer clear of stressful moments when you are building a home. Understanding their causes and managing those causes effectively, though, is the key to achieving a quality, cost-efficient build. Here are tips on how to minimise the stress you may encounter while constructing your new home here in Perth: 1. Hire the right builder. Don’t rely solely on bids. A higher bid does not necessarily mean superior product quality, while a lower bid can mean surprise costs as the construction ensues.
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Home and Land Packages in Perth: What to Look for in the Ideal Builder


The Economist’s liveability index counts Perth among the world’s top 10 best cities to live in, along with three other Australian cities. The city proper and the nearby suburbs draw quite a number of prospective home buyers. Those who are looking to own their own homes for the first time would do well to consider home and land packages. The Advantages A prospective home buyer typically has to get the assistance of an agent to find a block of land then find a builder to construct the house. In other words, the buyer has to deal with two separate entities. This can make the whole process of home purchase so much more complex and time-consuming than necessary. With packages, the buyer only has to work with a single contractor when it comes to finding a good location and building the home, as explained by the Commonwealth Bank of Australia.
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Top Home Builders Help You Reap the Benefits of New Home Construction


Being one of the most desirable places in Australia, Perth draws a lot of people looking to own a home. Location is just one factor, though. Another decision home buyers must make is whether to buy an existing home or build a new one. Buying an existing home seems the more convenient route as one can simply move into the property soon after the transaction is completed. One thing that prospective home buyers should keep in mind, however, is that this decision is not at all black and white. Top home builders that serve the Perth housing market, such as WOW! Homes, can help you realise the benefits of new home construction.
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First Home Buyers: Get Ready for the Big Move Out on Your Own


Is it the right time to leave the nest and try to make a life for yourself out there in a major city like Perth? If you are aged 21-24, the answer is yes, at least according to the University of Melbourne’s Household Income and Labour Dynamics in Australia survey. Apparently, young people who seek independence at this age range are found to be richer later in their life by about $185,000 than those who delay the big move. While that may prove a compelling reason to rush out of your parent’s house, you should still take it slow and prepare. Here are some tips for would-be first home buyers.
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House and Land Packages: Top Tips for Viewing Display Homes in Perth


You’ve finally decided to try looking at house and land packages in Perth for your first home. If you don’t have any idea what to expect, visiting a few display houses is a good place to start. It’s easy to fall in love right away with the first display house you visit, but keep in mind that there are plenty more to see. You don’t want to miss out on the right opportunity simply because you rushed your decision. Here are the top tips for prospective buyers. Take your time to look around You should never be in a hurry whenever you make a huge decision such as building a house. Take your time and don’t feel pressured. Clear out your schedule for the day and focus on the display homes you are viewing. As you walk through each house, visualise what it would be like to live there.
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