quick question…
I have 3 IP's and was going to hold off on my PPOR until mid 2010…. can I use the FHOG before June2009 to buy a block of land and slowly build our house so it is ready when we return to TAS in 2010? What will we have to provide in terms of contracts in order to secure the 21k FHOG? Would we just have to show proof of purchase on the land and a contract with builders to construct a property? any help would be appreciated…cheers
tuggerwaugh
Hi Tuggerwaugh
With construction a home and the FHOG, it is a lot easier to have your finance provider process for you, and as far as the actual grant goes, you would not receive any payment until the OSR receives notification (ie proof) of youf first loan drawdown claim, which would be no earlier than completion of your slab.
Not sure how that fits in with what you have in mind, but hope it is of some help.
Best place for info is going to the source, http://www.osr.nsw.gov.au/
All the best.
PS Anyone moving/returning to Tassy should be given a govt grant as a bonus because it is such a top place I reckon…..
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