Home Buying for Couples—To Split (The Bill) or Not

Bills aren’t complicated—you get them, you pay for them. The problem comes when someone is supposed to share the bill with you. Will it be an even split, or will one of you have to shoulder more of the expenses?

If you’re married and about to purchase a new home, this can be a polarising issue. Naturally, you’ll want your monthly repayments to be an even split between you and your partner, but It’s important for both of you to discuss this issue seriously and come up with an answer that both parties can agree to. Otherwise, not only will you be straining your finances, but maybe your relationship as well. Continue reading

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To Rent or Buy Your First Home?

Buying a property is one of, if not, the biggest monetary decisions you’ll ever make. How do you know if buying is the right decision for you right now, or if you should be renting instead? To help you choose better between the two options, here are some points for you to consider:

Benefits of Owning a Home

Once your mortgage is paid off, your home will be all yours. Should you decide to sell it in the future (which you are free to do since you own the home), it could be worth more than you paid for it. Continue reading

Buying Home and Land Packages in Perth: A Basic Guide for Renters


How do you save up for home and land packages in Perth when a big chunk of your income goes to paying rent? Will you have to sacrifice a lot of luxuries or even give up simple joys? How long will it take before you finally realise your dream of owning a home? Find out how countless West Australians have made the shift from home rentals into full-fledged home ownership.
http://www.wowhomes.com.au/buying-home-and-land-packages-in-perth-a-basic-guide-for-renters/

Tips for Perth First Home Buyers: How to Ensure a Stress-Free Move


You can be confident about the quality of the home you’re about to move into if it was constructed by a trusted builder in Perth, voted one of the world’s most liveable cities. Count on builders that have helped realise the dreams of many Perth First Home Buyers Grant beneficiaries, like WoW! Homes, to meet all of your requirements for aesthetics, quality, and affordability.

Established homebuilders like WoW! Homes don’t simply build houses; they can also help you get started on your first home ownership journey by offering affordable house and land packages in key suburbs throughout the Perth metropolitan area. With their assistance, you can expect the speedy fulfilment of all required paperwork including your Perth first homebuyers grant application, their expert advice on the right suburb to suit your personal preferences and the design which suits your lifestyle needs now and in future.
http://www.wowhomes.com.au/tips-for-perth-first-home-buyers-how-to-ensure-a-stress-free-move/

Perth House and Land Packages: Good News for Those Moving to the City


People have different reasons for moving into a new place and a new house—sometimes it’s a conscious decision, sometimes it’s out of necessity. A job promotion, diminishing family income, the loss of a loved one, a divorce—some families just don’t have the luxury of staying in the same place forever. If you’re planning to move to Perth, there may be some more good news for you.

According to an ABC news article, real estate prices in Perth have dropped slightly, thanks to an 11 percent dip in sales compared to 2014’s first quarter. Real Estate Institute of Western Australia (REIWA) president David Airey commented that the Perth market was much quieter than expected during the summer period, and that a greater number of people are deciding not to buy. “…there’s a lot of homes on the market that are remaining unsold so that has reduced sales activity,” he adds.
http://www.wowhomes.com.au/perth-house-and-land-packages-good-news-for-those-moving-to-the-city/

First Home Buyers Grant 101: Residence Requirement

The most basic eligibility criteria to get a First Home Owners Grant or FHOG are pretty simple. You need to be an Australian citizen or permanent resident buying or building a new residential property (the grant for established homes has recently been scraped off the WA budget) for the first time.

Beyond these eligibility points, you need to satisfy some requirements to receive the grant successfully, and one of these necessities involve residing in the property that you will be building. According to the Office of State Revenue, “Each applicant must occupy the home being purchased or built as their principal place of residence for a continuous period of at least six months, commencing within twelve months of completion of the eligible transaction.”

What Does This Mean?

In simple terms, you should have the intention to live in the house you’re purchasing and realise those plans within a year after construction is finished. The house should be your principal residence, which can be determined by several factors, such as sleeping, eating, entertaining guests, and using basic utilities in the property.

Energy, Water Efficiency: Key to Sustainable Homes

When you’re aiming for a sustainable home, you’ll want to conserve or reuse natural resources while keeping the home liveable and adaptable. You’ll have to ensure that your basic needs are still met (and you don’t feel like you’re sacrificing much or anything really), and that whatever features or upgrades you install can accommodate your family’s changing needs over time. Likewise, you have to consider the long-term affordability of these plans.

Energy and water efficiency would be your top considerations when you buy a house and land package in Perth since these cover basic needs and the highest expenditures in the home (i.e. they are used every day). Power and water resources are also the most substantial to preserve because of their generally dwindling supply in the globe. Here are some ways you can improve the energy and water efficiency of your home right from its construction:

Energy-Saving Measures and Rebates

You can have renewable energy systems like photovoltaic technologies installed, so you can use the harnessed power instead of solely relying on your primary electricity supply. These can also qualify for rebates from the government.

Continue reading