04/08/2020
Attention Equityin First home buyers! 🏡🏡
Queensland has seen a massive 70.3% increase in land sales since the home builder grant has been triggered.
Its Never been a better time to buy!
But most importantly not to make some fatal mistakes first home buyers are making during these crazy times.
Read on to find out our survival tips on how to not get caught up in the hysteria.
The property market has many variables which affects price. Supply vs demand and affordability. These are two very important factors which determine the price increases or decreases.
Rite now we are seeing demand completely outweigh supply and money has never been cheaper in our life time to borrow against.
We are seeing developers increase pricing and first home buyers paying way over the top for land pricing. Also many builders are running sneaky tactics with bait advertising and lumping first home buyers with hefty variations once construction has started. DO NOT BE THIS PERSON WHO GETS SCREWED OVER.
Its great to get into your first home and stop paying your landlords mortgage, but be smart about it!
No matter what the market is doing, your number 1 priority when buying your first home should always be a financial one. Are you buying below market value, does your builder include everything and are you getting your build at a good price?
We have a proven system which allows us to buy land in bulk and pass on the hefty discounts to our clients. We also have a wholesale build arm with no hidden costs which offers significant savings for our clients.
Another important factor is your finance. Make sure you are getting a good loan and not settling for anything just to buy. With the correct loan and money being so cheap its a great time to pay your loan off super quick and be debt free and asset rich.
Never in our life time have we been offered so many grants! first home buyers grant, FHLDS grant, home construction grant and stamp duty conccesions and aswell our wholesale discounting. We will most likely never see this again in our life time.
So its a great time to buy! But buy well. if you need any help, tips or even want us to check over what you are buying to make sure you are not over paying and become a statistic just reach out and say hi.
The announcement of HomeBuilder has triggered a land rush, with enquiries for vacant residential land surging in the past two months.