Just thought I would pass this little pearl of knowledge on to others in WA who are thinking of buying their first home.
You can get the first home owners grant $7000, but if you buy a house for $95K or under, you are also eligible for an extra $2000. Bonus or what!!!
We were fortunate enough to find out about this as we asked the right question. Just a reminder though, for you to be eligible for first grant, you must live in the house for 6 months. (I think this is a rather recent ruling…)
Hope this helps others as we didn’t actually have to put down any money at all and we are going to get back $3600 in our pocket, courtesy of the government!! BEAUTY!
Have a great easter!
Scremin.Success is 1% inspiration and 99% perspiration.
Wish FHOG was around when i Purchased..[angry2]
Wasn’t it $14 k a while back ??
Good effort scremin [thumbsupanim] and nice to know..will pass onto wife’s younger brother for his first purchase
REDWING
“Money is a currency, like electricity and it requires momentum to make it Effective”
$14K was for new homes back in yr 2000.
Great if your in WA!! Also for those battlers out their, checkout Keystart as they use the FHOG as a deposit and for stamp duty. http://www.keystart.com.au
Government run, but they don’t have mortgage insurance and their interest rates are quite competetive. REMINDER!! ONLY FOR WA PEOPLE!! Sorry to the rest of Aus.
[specool]
Success is 1% inspiration and 99% perspiration.
Originally posted by redwing:Wish FHOG was around when i Purchased..[angry2]
And I suppose you wish GST was around when you first purchased your house as well? [evil4]
Hee hee nice one sizzling….[upsidedown]
Success is 1% inspiration and 99% perspiration.
Keystart 6.99% per annum variable rate..
GST ? At the time of the $14 000 FHOG, No Prob’s [biggrin]
REDWING
“Money is a currency, like electricity and it requires momentum to make it Effective”
Makes me wanna move to Western Australia.
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