March 06, 2014
Currently an advantage to the grant is that if you purchase a new home or construct a home you could be eligible for $10,000 plus the stamp duty waived if the cost of the property is up to $500,000 and subsidised up to $750,000 purchase price, if below the 26th Parallel
If you are purchasing an established home the grant is $3000 with the same amount of stamp duty waived or subsidised.
If you are purchasing above the 26th Parallel the stamp duty is subsidized up to $1,000,000.
As an authorised agent of the First Home Owners grant, I can guide you through the sometimes confusing process and complete the application with you.
With the current interest rates remaining steady now is a good time for first home buyers to enter the market. More lenders are now lending 95% of the property value giving you more choice of which lender you would like to use. Should you wish further information please call me, 0414 843 060 or email email@example.com