Don't Miss Out On First Home Buyer Grand And Boost
Thanks to the Queensland government's First Home Buyer Grant and boost, many people who thought they simply couldn't afford to buy a new home are finding it much easier to do so. Indeed, this program is opening many doors for many people - and could very well do the same exact thing for you.
Details Of The Boost -
Under the terms of the initial deal, first time home buyers received up to $7,000 for existing homes and up to $14,000 for new homes. The boost - which any qualified Brisbane mortgage broker would be quite familiar with - would essentially double that amount. In other words, first time home buyers could receive up to $14,000 for existing homes and up to $21,000 for brand new homes. Those figures are certainly quite eye catching and undoubtedly helped many people make the plunge into home ownership for the first time.
Those who missed out on that 30 September 2009 deadline, though, can take heart: the new phase of the program runs until 31 December 2009. Acting now is obviously key. Those entering into contracts after 1 October 2009 can still take advantage of the program, although the numbers have been halved. Still, $3,500 toward an existing home is great. Until the end of the year, when combined with the First Home Owners Grant, buyers can receive savings of up to $7000. Time is flying by, though, so acting now is imperative. If you've been thinking about buying your first home, now is definitely the time to do so in Queensland.
Additional Benefits Of Home Ownership -
In addition to taking advantage of the excellent offer from the Queensland government, owning your own home brings many other distinct advantages to the table. Most importantly, you will no longer be paying off someone else's mortgage. You will be able to paint your walls, put up new fences, install an air-conditioning unit or perform any other renovations without having to obtain approvals from the landlord. Every mortgage payment that you make is a payment toward your future when you own a home, and it is also money in the bank. With the amount you will save through the offer from the Queensland government, that savings will be jump started in a truly appreciable and remarkable way.
About the Author
If you currently work with a Brisbane mortgage broker such as Brisbane Financial Services (http://www.brisbanefinancialservices.com.au), ask him or her about the First Home Owner Grant. Like most mortgage brokers Brisbane, they should be able to work with you and help you enjoy the great savings that go along with it.
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