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Dec262019

First Home Loan Deposit Scheme

First Home BuyersBy John Hender December 26, 2019

The First Home Loan Deposit Scheme! With the escalating real estate prices in Australia, saving up enough for a home loan deposit is often the biggest hurdle for many first home buyers. But that is all about to change with the Federal Government’s new $500 million underwriting deposit scheme that will greatly assist first home…

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Dec222019

Your Guide to the First Home Owner Grant in WA

First Home BuyersBy John Hender December 22, 2019

The First Home Owner Grant (FHOG) is a state government initiative that was introduced to help first homebuyers fulfil the dream of moving into their own homes sooner by easing the costs associated with buying real estate. Western Australia offers eligible homebuyers with a one-off grant of up to $10,000, which can come in handy…

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The best incentive for first home buyers is the new federal Gov’t Scheme (FIRST HOME LOAN DEPOSIT GOV’T SCHEME) which launches January 1 - 2020. Subject to approval and conditions, first home buyers that are successful in obtaining approval will only have to pay 5% DEPOSIT! Take the 1 bed x 1bth Tribute apartments at Shelley, you will pay no stamp duty! Normally the banks would require a 20% deposit so if a first home buyer qualifies and is approved under this new first home loan deposit scheme the Gov’t will guarantee the other 15% of the deposit. The buyer would only require $9900 to buy a 1 bed x 1 bth apartment in beautiful riverside Shelley.

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First Home Loan Deposit Scheme

Your Guide to the First Home Owner Grant in WA

Shelley

Winthrop