4 Winning Strategies for First Home Buyers
๐๐ฟ๐ฒ ๐๐ผ๐ ๐๐๐ฟ๐๐ด๐ด๐น๐ถ๐ป๐ด ๐๐ผ ๐ฏ๐๐ ๐๐ผ๐๐ฟ ๐ณ๐ถ๐ฟ๐๐ ๐ฝ๐ฟ๐ผ๐ฝ๐ฒ๐ฟ๐๐ ๐ฏ๐ฒ๐ฐ๐ฎ๐๐๐ฒ ๐ผ๐ณ ๐น๐ถ๐บ๐ถ๐๐ฒ๐ฑ ๐ฏ๐ผ๐ฟ๐ฟ๐ผ๐๐ถ๐ป๐ด ๐ฐ๐ฎ๐ฝ๐ฎ๐ฐ๐ถ๐๐, ๐ต๐ถ๐ด๐ต ๐ฝ๐ฟ๐ผ๐ฝ๐ฒ๐ฟ๐๐ ๐ฝ๐ฟ๐ถ๐ฐ๐ฒ๐, ๐ผ๐ฟ ๐ฑ๐ถ๐ณ๐ณ๐ถ๐ฐ๐๐น๐๐ ๐๐ฎ๐๐ถ๐ป๐ด ๐ณ๐ผ๐ฟ ๐ฎ ๐ฑ๐ฒ๐ฝ๐ผ๐๐ถ๐?
Here are four ways to help you get into the market:
โฆฟ ๐๐ผ๐๐ฒ๐ฟ๐ป๐บ๐ฒ๐ป๐ ๐๐๐ฝ๐ฝ๐ผ๐ฟ๐: The Victorian Government offers schemes and grants like the First Home Guarantee and First Home Buyers Grant, which can save you up to $50K.
โฆฟ ๐๐
๐ฝ๐น๐ผ๐ฟ๐ฒ ๐ฑ๐ถ๐ณ๐ณ๐ฒ๐ฟ๐ฒ๐ป๐ ๐น๐ผ๐ฐ๐ฎ๐๐ถ๐ผ๐ป๐: Consider up-and-coming neighbourhoods for better affordability and unique features.
โฆฟ ๐ฅ๐ฒ๐ป๐๐๐ฒ๐๐๐ถ๐ป๐ด: This strategy allows you to rent in a desirable location while investing in more affordable properties elsewhere to build equity for future home purchases.
โฆฟ ๐๐ผ-๐ฏ๐๐๐ถ๐ป๐ด: Share the financial burden by purchasing with friends, family, or a partner, but make sure to establish legal agreements.
TEAM SONI CAN HELP
At SONI Wealth, we've assisted many first-time buyers through navigating government programs, discovering promising locations, and making informed decisions about Rentvesting and co-buying.
Book you no-obligation consultation with our team today. Let us clarify your questions and help you start your home buying journey with confidence.