Hi, just found this forum, hope someone can steer us in the right direction. In 1986 I purchased a home in NSW with my ex husb, sold it 2yrs later, we since divorced. Can't remember for the life of me if we had any first home owners assistance. Will this disqualify me from using the FHOG now – even though my name has changed??? Would they check back that far?
I am now married to a US citizen who has permanent residency here and has never brought any real estate here, so we can apply for mortgage in his name only. However I am told if we do that we could get the FHOG but only HIS income would be used towards the mortgage. As we need both incomes applied, what is the best way to proceed?
Hi Terri
Regretfully irrepective of the name change you are still a living person and the same one who purchased the property back all those years ago. This would disqualify you from receiving the Grant.
As you are his Spouse he would be disqualify from obtaining the Grant also.
Couple of ways to boost your borrowing capacity if you dont want to go on Title but i really can see why you would not.
Richard Taylor | Australia's leading private lender
I agree with Richard
You have previously owned a property so won't qualify. You're spouse won't qualify either as his spouse (ie you) has previously owned property in Australia.
Terryw | Structuring Lawyers Pty Ltd / Loan Structuring Pty Ltd
http://www.Structuring.com.au
Email MeLawyer, Mortgage Broker and Tax Advisor (Sydney based but advising Aust wide) http://www.Structuring.com.au
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