Why You Should AVOID the First Home Buyer Grant | Home Buying MISTAKES 2024

Are the government first home buyer schemes "too good to be true?" Today, we're going to tackle that very question. Specifically, we're going to uncover the REAL reason that the government has these schemes in place. And - this may surprise you - but it has nothing to do with helping out first home buyers.
Then we'll take a look the different Schemes and Grants and what they offer you.
For more info www.huntergall...
www.huntergall...
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Mortgage Broker Brisbane - Hunter Galloway
Head Office: 3 Latrobe Tce Paddington QLD 4064
PO Box 841, Paddington QLD 4064
CBD Office: Level 20, 300 Queen Street Brisbane, QLD 4000
Hunter Galloway are an Award Winning Mortgage Broker based in Brisbane. We help clients from our local area, Australia, and all over the world. We believe buying a home should be stress-free and uncomplicated, and we will work for you to make your dreams become reality.
Next steps and settling your first home
Our team here at Hunter Galloway is here to help you buy a home in Brisbane. Nathan & Joshua Vecchio are Senior Mortgage brokers who specialise in making your home journey easy.
Unlike other mortgage brokers who are just one person operators, we have an entire team of experts to help make your home loan journey as simple as possible.
If you want to get started, please get in touch and we can book a time that suits you - either a phone call information session or a face to face meeting (which doesn’t cost anything for you).
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This video offers no Legal, Financial and Taxation advice, and the information contained is general and does not take into account your personal situation. The Listener acknowledges, consents and agrees to the viewing of the content presented on the Channel is subject to the full Disclaimer (below) and agrees to be unconditionally bound by this Disclaimer.
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[@MortgageBrokerAustralia]

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[@divanesterhuizen4009]

Hey there! Im currently 19yrs old and just doing some research as Im wanting to get a property as an investment property, would you recommend building and using these grants, or buying a already developed dwelling then renting it out? Thanks !

[@MortgageBrokerAustralia]

Thanks Divan, great question. Unfortunately, if the properties going to be an investment, the grant's and scheme's aren't available. Would also be worthwhile checking out: czcams.com/video/Pv66_HrKbR8/video.html&lc=UgyYS3Y85UwUQCqWLMN4AaABAg

[@orion_033]

Hey bro definitely invest in semi rural and rural SA , VIC and WA, 3 bedroom homes for under 120k!! I'm 18 and that's what I'm doing. 10% down and the longest mortgage possible

[@JoelReynolds23]

I’m particularly concerned in respect of the FHLDS. More debt for single income earners. No LMI insurance, 2% deposit but 98% lend on sky high house prices - spells a recipe to disaster IMO. Bring back FHOG on established dwellings.

[@MortgageBrokerAustralia]

Thanks Joel, that would be great. FHOGs on established dwellings would be brilliant!

[@nukiudukala25]

Great video! There’s not enough videos on information for buy property in Australia. It would be great if you can post some content specific to Victoria as well in terms of government grants and what opportunities to look for. The video on buying a home as a single home owner was very insightful. Thank you :)

[@MortgageBrokerAustralia]

Thanks for the suggestion Nuki!

[@officialspock]

Given up buying a house in Sydney, its either I'll rent forever (rentvesting) or move to another state, Sydney house prices is crazy

[@MortgageBrokerAustralia]

It's pretty crazy and such a challenge to secure a property in Sydney that's for sure.

[@roosthrower]

I looked into building a new home.
Nothing but a drama and you are lost in space unless you are in the know.
I was appalled by the responses I got off builders and real estate land salesman.
I would never attempt this unless I had plenty of friends in the game or rich, also watch every move they make by a extra building consultant.

[@MortgageBrokerAustralia]

Thanks for sharing your experience.

[@diamondsdancing1547]

I thought about buying a tiny house or trailer and having it hauled I’m 19 with no kids it would just be me and kitty so it’s perfect for one person and maybe a pet

[@roosthrower]

@@diamondsdancing1547 council wouldn't allow it

[@ajboyle100]

@@diamondsdancing1547 Listen to the podcast Tips from the Tiny House Guru. It has lots of great information to consider. Murwillumbah, NSW is in the planning stages of putting in a tiny house village.

[@jerminfestedmedia]

I tried to buy my first home last/this year. It unfortunately did not work out. Such a shame as it is cheaper than renting.

[@MortgageBrokerAustralia]

Sorry to hear Jerm, hopefully better luck when you try again.

[@erlan4953]

thanks for all your videos!

[@MortgageBrokerAustralia]

Glad you like them!

[@exannuc]

Have you guys heard of the affordable home purchase scheme in the ACT? I'd be interested in hearing your opinion on it as a policy and option for first home buyers.

[@MortgageBrokerAustralia]

Great question, don't have a great deal to do with it I'm afraid. However, some FAQs can be found here: suburbanland.act.gov.au/affordable-housing/frequently-asked-questions

[@sreecharannv]

Great video

[@MortgageBrokerAustralia]

Glad you enjoyed it

[@theenduropest]

Great info as always

[@MortgageBrokerAustralia]

Thanks again!

[@geletmote]

Awesome, do you guys know anything about buying a unit with a ‘invalid body corporate’ I’m not sure what the agent is communicating to me he wasn’t even sure if the unit and land were sold together until he looked at the paperwork, should I be worried?

[@MortgageBrokerAustralia]

Thanks Kira, you're welcome. That's a great question and definitely something you want to be running past your solicitor to find out more on.

[@geletmote]

@@MortgageBrokerAustralia Yeah its a Tricky one, thanks guys.

[@JoelReynolds23]

As a former conveyancer, read the contract with your solicitor or conveyancer and get legal advice.

[@webtoonheroes7593]

commenting here for the alogorithm! 🥰

[@MortgageBrokerAustralia]

Haha! Thanks WebToon!

[@Theprofessor1212]

Awesome video boys

[@MortgageBrokerAustralia]

Glad you enjoyed

[@waikurat7615]

Nice vid

[@MortgageBrokerAustralia]

Thanks for watching!

[@jacqepapara7898]

Yes

[@MortgageBrokerAustralia]

Thanks for watching Jacq

[@jacqepapara7898]

There’s always a catch

[@MortgageBrokerAustralia]

Thanks for watching Jacq

[@TheNerdyheard]

Love your content but your sound in this video isn't great

[@MortgageBrokerAustralia]

Sorry about that

[@P3United]

Agreed, and only Korean Subtitles???

[@NurseRowee]

👍

[@MortgageBrokerAustralia]

Thanks for watching Rowee!

[@NadineAI]

Algorithm!

[@MortgageBrokerAustralia]

Haha, thank you!

[@jacqepapara7898]

Too much red tape

[@MortgageBrokerAustralia]

Thanks for watching Jacq

[@ghaithgaming5626]

🔥🙌🏼

[@MortgageBrokerAustralia]

Thanks for watching!

[@okeandme]

.

[@MortgageBrokerAustralia]

Thanks for watching!