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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Purchasing Perth House and Land Packages: Do You Qualify for FHOG?

Almost 80% of people searching for homes begin with the internet. With just a few searches and clicks, a potential buyer like you can begin scouting for a new home through various online listings, virtual tours, and other home builders sources.

You probably have a pretty good idea of the type of home you want and the neighbourhood you want to live in. By the time you step into the office of Perth home builders, such as Wow! Homes, you’ve pretty much accomplished half of what you need to do to own a home.
http://www.wowhomes.com.au/purchasing-perth-house-land-packages-qualify-fhog/