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How to Prepare For Your Home Build So You Can Go From Renting To Owning A Home In Perth?

rent to owning a home

Building a home is your next option to move from paying rent to building your own house in Perth. It really is the more effective way to become a homeowner, especially if you are a first home buyer because you will have access to the First Home Owners Grant (FHOG).

At Stop Renting Perth, we are your one-stop-shop. We will cover everything from securing land, drafting your custom design, obtaining finance approvals and of course the construction of your home. Our commitment is to be there every step of the way answering all your questions. Here are some healthy tips to prepare as you embark on this homeownership journey.

Tips to keep in Mind While in the Process of Your Homeownership Journey

When we all do our part, we can at least make sure that your home ownership project is a success. Here are some healthy tips to keep in mind while building your dream home so you can finally stop renting and start owning:

Keep saving: It is easy to get excited about all the new furniture and fixtures you are wanting in your new home than you forget to keep saving. The more you save, the better it will be for you once your home is built. We pride ourselves in disclosing all the costs upfront but for your long-term benefit, do not spend all the money you have saved.

You Can Also Read this:- Are You Trying to Escape The Rent Trap by Building Your Own Home?

Get updates from us: We understand how exciting this whole process can be and we welcome your questions at every stage. We would provide updates every step of the way regardless, but you may have questions, so feel free to ask them and we will get the right answers to you.

Know what you can afford and be realistic: When you make the decision to move from paying rent to owning a home of your own, keep in mind to be realistic. Know your borrowing capacity and be realistic. Own the best home you can possibly get now but be honest and be realistic. It is better to own a home you can afford than to keep paying rent. Work your way to a bigger more luxurious home if your budget does not permit right now.

Renting is a waste of money, as it is not increasing your assets or your equity.  So get in touch with us now to start building your own home.

See If You Qualify

We’re here to help, so let’s get started! it’s time to stop renting and start taking steps towards home ownership.