Building and owning a home is one of the biggest
investments you’re likely to ever make. If your income is just about sufficient
to make ends meet, you would do well to consider your options when it comes to house
and land packages in Perth. You also need to sort out your finances, choose the
right home builder, and think of how to make the home more cost-efficient.
Here are some ways to make building and owning your
home more affordable:
·
If it’s your first time to own a home, see if you are
eligible for the First Home Owners Grant worth up to $10,000. This amount
should give you a head start and enable you to realise your dream of
homeownership.
·
Shop wisely for loans, and make sure that the monthly
repayments are within your means. Make sure you still have enough for your
daily living costs and other expenses after money due to your lender is taken
from your income.
·
Evaluate your lifestyle and see if your new home can
accommodate it. For instance, your home should be large enough for your
family’s needs but not too spacious as to make maintenance rather taxing, not
to mention costly. If you plan on having children in the future and have a
spare bedroom in the meantime, see if you can rent that room out for extra
income.
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