Too often people think that owning a home is a long-term dream that may or may not even happen. People think you must raise a large deposit before even considering home ownership and until that time comes, renting is the only option. We at Stop Renting Perth are here to debunk that myth. Over the lifetime of our careers in the building industry, the majority of our clients all thought they had to wait long term when in reality, they qualified to do something right away. So many have gone on to build many homes since then, simply because we helped them get started when they thought they could not.
What if we told you that you can in fact stop renting and start buying a home now and if you follow our proven method, you will trade being a renter with being a homeowner in no time.
Why a large deposit is not the only option to stop renting and own a home.
If you are thinking, by the time you pay your monthly expenses – rent, food, bills, transport – what little left seems too little to put towards a deposit then we have some good news for you because we know a way for to help you stop renting sooner.
Based on our experience, people who say to renters that they need a large deposit for a home do not always understand the different policies and do not have a good understanding of the products available in the market. There are so many available options to suit various needs and our job is to find the right fit for renters. The correct steps will lead you to owning a home and the wrong ones will lead you down a more confusing path. You do not need more confusion navigating this and that is why we team up to make sure we get the easiest and effective way to help you own a home. There are many finance options available in today’s market that can help you own a home with no to low deposit options. The First Home Owners Grant (FHOG) can be used as a deposit with certain lenders. Meaning, you can potentially get your home with ZERO savings.
Why you do not have to build far away from the city or CBD.
Too often renters think they must build their home on the outskirts of the city or live far away to stop renting and start owning a home of their own. That is not true. We have helped so many renters’ own homes in areas of their choice; some even on the same street they were renting! It all comes down to what Home + Land package suits you. These are some of the things we like to provide as guidelines for renters when looking for the right location to start owning.
Accessibility is perhaps the main essential component when deciding where you would like to live so you can start owning. You do not need to live in the centre of Perth but consider whether the area is accessible via public transport or major roads and freeways.
Local infrastructure is important and the suburbs with planned future developments or developed infrastructure, are the way to go. Look for good schools, shopping centres, medical facilities in the area. What is the future for the area, and would these facilities be part of the planned construction?
Property value is currently on the rise. Perth is being forecast for the biggest property boom in the nation. This is great news for you when you start owning a home of your own. Areas where population is expected to grow will see an increase in property value. This can help increase your equity over time and achieve a higher price when you decide to sell. Our experts can help determine how best you should design your home for resale value or perhaps this is going to be your forever home, then let us help ensure it has everything you want in a home.
Want to know how to stop renting by building your own home? Just get in touch with us with all your home construction-related queries.