Don’t Believe The Hype - What They Don’t Want You To Know About Building & Owning Your Own Home
Look at her. Look at that smug expression of carefree satisfaction on her face as she sips her delicious single origin skinny latte. Do you think she’s worried about rent inspections or rowdy housemates or renewing her lease? Of course not! She built and owns her own home!
“But wait!”, we hear you shout in protest. “She’s so young AND she built and owns her own home?! There’s no way that’s even possible!” With all the talk of the housing affordability crisis in the media recently, we totally understand how you might feel that way. After all, sensationalistic headlines about intergenerational conflict sell more newspapers than the reality of the situation - that home ownership is actually a lot more attainable than you might think. The good news is this means that you can stop putting all of your energy into paying rent and hating the baby boomers and all of their unfair advantages (free university, anyone?) and put it into building and owning a house of your very own.
How is this even possible? Well, we’re glad you asked...
Smaller, More Affordable Block In Better Locations
Building a house used to mean buying a quarter acre block way out in the ‘burbs that you’ll live in for the next 30 years and raise a family. However, the fact of the matter is that people’s needs and lifestyles have changed a lot and this is no longer the only option. Smaller blocks in closer suburbs are becoming the norm and builders are now offering much more cost effective dwellings (such as our Miracle design) to suit smaller budgets.
This means that not only do you not have to loan so much in the first place, you also don’t have to sacrifice your lifestyle by moving a million miles away into the middle of a suburban wasteland. You can build what you want for your life right now and not be constrained by having to pay for things you might not even end up needing way down the line.
Home loan deposits can be a scary concept. Some people would have you believe that you’ll have to give up going out, seeing your friends, having fun and enjoying your precious smashed avocado on toast (preferably organic wholegrain rye sourdough) if you’re ever going to have even the slightest chance of getting a home loan, but this just isn’t the case. Our in-house team of finance ninjas - Fuse Finance - have a range of options and will work tirelessly to help make your home ownership dreams a reality.
Whether it’s helping you come up with ways to get a 5% deposit, paying $0 during construction so you don’t have to worry about repayments and rent simultaneously or even offering a range of No Deposit or Low Deposit home loan options, we’ll show that you don’t have to be trapped by the whole “you must have a 20% deposit or you have no hope at all” mentality any more!
So if you’re thinking you want to stop paying rent, escape the indignity and inconvenience of rent inspections and leave your unruly, untidy housemates behind then get in touch with us today to find out more about how we can help you build and own your own home. Trust us when we say that it’s so much more achievable than the naysayers would have you believe! Check out our loan calculator while you’re here too!
Posted by First Home Buyers Direct on 19 March 2018 | 0 comments
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