First Home Buyers
After years of saving and searching you’ve found your first home.
Don’t let the excitement of owning your first home stop you from protecting your investment. The last thing you want now is for something to go wrong.
As you are a First Home Buyer, this will be one of biggest purchases in your lifetime. You need to be cautious and correctly follow the conveyancing process. Take the time to know your legal responsibilities.
Understandably, you cannot wait to get the keys to your new home. You have scheduled the day, organised friends and family to help and booked your removalists. It’s important to realise there are a number of steps (most out of your control) needed to transfer title to you.
You will be guided through the process by our conveyancing team. Their focus is to meet your move-in date without stress or delay. There are a number of searches you can do to find out more information about your new home. You can rely on us to explain the searches and recommend the most relevant searches suitable to your property. This may vary depending on the type of property and location.
As a First Home Buyer, you don’t have an excuse to get the process wrong. There is the possibility of penalties if you fail to meet your commitments on time. The worst-case scenario is that you may put your deal in jeopardy. It is important for you to obtain legal advice prior to signing the Contract to buy your first home. This is where the team at Indus Lawyers is here to assist you.
Some of the current benefits of being a First Home Buyer in NSW include:
- no stamp duty payable on all homes up to $650,000
- stamp duty relief for homes up to $800,000
- provide a $10,000 grant for builders of new homes up to $750,000 and purchasers of new homes up to $600,000
Call our office today, let us take the stress out of the process – leaving you with the excitement of being a first home buyer.