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Buy Your First Home (Or Next One)

Do you know what the biggest mistake that First Home Buyers make when purchasing their first home?

 

They go to the wrong person for advice.

 

If you go to a mortgage broker first, they will teach you how to get a mortgage, but they won’t be able to educate you how to save for a home deposit.

 

If you go to your local banker, you are not going to get the best rate out there.

 

So who should you turn to? Someone who is both a financial planner and mortgage broker. Someone who can:

 

  1. Help you save for a deposit
  2. Help you get your first mortgage
  3. Continue looking after you can purchase your next home

 

Did you know you can contribute up to $30,000 into your super and withdraw those funds as a deposit for your first home?

 

Why would you do this?

 

We can give you around 4,500 reasons why.

 

This is how much you could save in tax by using your super to save for your first home. It is the First Home Saver Scheme and only a small amount of first home owners are aware of it and using it to its maximum capacity (usually those who spoke to a financial planner before starting to save for their first home).[1]

 

That’s only the beginning. Master Your Money Now can also help you to:

  • Determine exactly how much of a deposit that you need and how much you need to save in order to get there
  • Create a budget to identify unnecessary expenses and maximise savings
  • Restructure your bank accounts to ensure your savings are both maximised and automated
  • Keep you accountable to ensure you remain on track
  • Discuss ways to increase your income so you can supercharge your savings
  • Once you have saved up a deposit, help you with the mortgage application process and the purchase of your first home

 

There are plenty of ways that Master Your Money Now can help you to save for, and purchase, your first home. We can also help if you are looking to upgrade your home, refinance your home or build your investment property portfolio.

 

[1] Please be aware there are a LOT of rules, regulations and fine print associated with the First Home Saver Scheme. I would strongly recommend you do not attempt this strategy without receiving financial advice.

 

If you have any questions about property, Master Your Money Now is here to help you! Go to www.masteryourmoneynow.com.au/getstarted to book in your complimentary 30 minute discussion with our team!

 

Disclaimer: This information is general information only.  You should consider the appropriateness of this information with regards to your objectives, financial situation and needs.
Master Your Money Now Pty Ltd (ABN 65 627 229 681) is a Corporate Authorised Representative of Infocus Securities Australia Pty Ltd ABN 47 097 797 049 AFSL and Australian Credit Licence No. 236523