Only 2 months left to claim the increased grant.
Sunday, April 19th, 2009First home buyers
Only 2 months left in which to claim the increased grant!
You only have until June 30 to take advantage of the Government’s major boost to the First Home Owner Grant.
Although market participants would all prefer it to be extended, there is no indication that the First Home Owner Boost (FHOB) will continue in its present form thereafter. This means you should act now to ensure you can claim the maximum benefit.
Fortunately, as a first home buyer there are a number of other factors that could help make your entry into home ownership that little bit easier. Interest rates are falling and house prices are lower.
First home buyers who sign contracts to purchase a newly built home between 14 October 2008 and 30 June 2009 are now be eligible for a one off payment of $21,000 in terms of the FHOB scheme.
First home buyers who sign contracts to purchase an existing home between 14 October 2008 and 30 June 2009 will be eligible for a one off payment of $14,000.
After a slow start first home buyers are now making a strong impact on the housing market in Australia as they take advantage of the FHOB.
Come in and see us now if you need more information or would like to find out how you can take the first step to owning your own home.