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4 Winning Strategies for First Home Buyers

๐—”๐—ฟ๐—ฒ ๐˜†๐—ผ๐˜‚ ๐˜€๐˜๐—ฟ๐˜‚๐—ด๐—ด๐—น๐—ถ๐—ป๐—ด ๐˜๐—ผ ๐—ฏ๐˜‚๐˜† ๐˜†๐—ผ๐˜‚๐—ฟ ๐—ณ๐—ถ๐—ฟ๐˜€๐˜ ๐—ฝ๐—ฟ๐—ผ๐—ฝ๐—ฒ๐—ฟ๐˜๐˜† ๐—ฏ๐—ฒ๐—ฐ๐—ฎ๐˜‚๐˜€๐—ฒ ๐—ผ๐—ณ ๐—น๐—ถ๐—บ๐—ถ๐˜๐—ฒ๐—ฑ ๐—ฏ๐—ผ๐—ฟ๐—ฟ๐—ผ๐˜„๐—ถ๐—ป๐—ด ๐—ฐ๐—ฎ๐—ฝ๐—ฎ๐—ฐ๐—ถ๐˜๐˜†, ๐—ต๐—ถ๐—ด๐—ต ๐—ฝ๐—ฟ๐—ผ๐—ฝ๐—ฒ๐—ฟ๐˜๐˜† ๐—ฝ๐—ฟ๐—ถ๐—ฐ๐—ฒ๐˜€, ๐—ผ๐—ฟ ๐—ฑ๐—ถ๐—ณ๐—ณ๐—ถ๐—ฐ๐˜‚๐—น๐˜๐˜† ๐˜€๐—ฎ๐˜ƒ๐—ถ๐—ป๐—ด ๐—ณ๐—ผ๐—ฟ ๐—ฎ ๐—ฑ๐—ฒ๐—ฝ๐—ผ๐˜€๐—ถ๐˜?

Here are four ways to help you get into the market:

โฆฟ ๐—š๐—ผ๐˜ƒ๐—ฒ๐—ฟ๐—ป๐—บ๐—ฒ๐—ป๐˜ ๐˜€๐˜‚๐—ฝ๐—ฝ๐—ผ๐—ฟ๐˜: 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 ๐—˜๐˜…๐—ฝ๐—น๐—ผ๐—ฟ๐—ฒ ๐—ฑ๐—ถ๐—ณ๐—ณ๐—ฒ๐—ฟ๐—ฒ๐—ป๐˜ ๐—น๐—ผ๐—ฐ๐—ฎ๐˜๐—ถ๐—ผ๐—ป๐˜€: Consider up-and-coming neighbourhoods for better affordability and unique features.

โฆฟ ๐—ฅ๐—ฒ๐—ป๐˜๐˜ƒ๐—ฒ๐˜€๐˜๐—ถ๐—ป๐—ด: 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 ๐—–๐—ผ-๐—ฏ๐˜‚๐˜†๐—ถ๐—ป๐—ด: 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.