Attention First Home Buyers in Australia
First home buyers in Australia can receive benefits from the government to assist in making the down payment on their first purchase.
First home buyers in Australia could take advantage of the First Home Owner Grant (FHOG) that is available for permanent citizens, who are buying a home for first time in life. As long as you or your spouse have never owned a property in Australia then you should be eligible.
The grant varies from state to state and so do the eligibility criteria The grant is available for buying property that falls within a specific price category. There is a cap that differs in each state and it can also depend on if the property is new or existing.
The grant is not for non-residents or temporary visa holders but a temporary visa holder can apply for the grant, if his spouse is an Australian resident. Grant applications are available on FHOG official website and the applicants are advised to go through the terms and conditions prior to applying for the grant. There are some conditions that are to be fulfilled by the buyer in order to receive the discount.
First home buyers in Australiathat qualify can use the funds towards their purchase.In this situation, you can either look for another bank that allows the discounted money to be used in down payment or you can use the discount towards stamp duty costs or other fees associated with buying a property.
The availability of so many lending institutions provides an opportunity to shop around and find a friendly lender. You can search for a lender on your own or take the help of an experienced mortgage broker. There are mortgage brokers that provide real help without charging the first home buyers in Australia.
The first home buyers in Australia should meet the criteria and would need to reside in the property for at least six months after buying the property. If they can meet these conditions then should be entitled to the grant. The grant is not for institutions and companies. The buyer should be an individual and not an institution. The government gives grant to home buyers but not to real estate investors. This is why today more and more people get an opportunity to be an owner of a home. So, what are you waiting for? Do not waste your time anymore! Use the internet to find those sites which deal in offering this sort of financial assistance to those seeking for a residential property.
First home buyers in Australia could take advantage of the First Home Owner Grant (FHOG) that is available for permanent citizens, who are buying a home for first time in life. As long as you or your spouse have never owned a property in Australia then you should be eligible.
The grant varies from state to state and so do the eligibility criteria The grant is available for buying property that falls within a specific price category. There is a cap that differs in each state and it can also depend on if the property is new or existing.
The grant is not for non-residents or temporary visa holders but a temporary visa holder can apply for the grant, if his spouse is an Australian resident. Grant applications are available on FHOG official website and the applicants are advised to go through the terms and conditions prior to applying for the grant. There are some conditions that are to be fulfilled by the buyer in order to receive the discount.
First home buyers in Australiathat qualify can use the funds towards their purchase.In this situation, you can either look for another bank that allows the discounted money to be used in down payment or you can use the discount towards stamp duty costs or other fees associated with buying a property.
The availability of so many lending institutions provides an opportunity to shop around and find a friendly lender. You can search for a lender on your own or take the help of an experienced mortgage broker. There are mortgage brokers that provide real help without charging the first home buyers in Australia.
The first home buyers in Australia should meet the criteria and would need to reside in the property for at least six months after buying the property. If they can meet these conditions then should be entitled to the grant. The grant is not for institutions and companies. The buyer should be an individual and not an institution. The government gives grant to home buyers but not to real estate investors. This is why today more and more people get an opportunity to be an owner of a home. So, what are you waiting for? Do not waste your time anymore! Use the internet to find those sites which deal in offering this sort of financial assistance to those seeking for a residential property.
