March 2015

Home-Buying Basics for Non-Australians

The population of Perth grows more diverse with each level of economic growth. In fact, Perth saw the highest growth in immigration compared to other major cities in Australia. Whilst Australians still make up the majority of property buyers, British, New Zealanders, South Africans, and buyers of other nationalities all want a piece of Perth, starting with real estate.

Foreign real estate buyers, though, need to undergo a longer process than local buyers. The government must perform a check to make sure that any purchase benefits the local community. The Foreign Investment Review Board (FIRB) handles real estate transactions by foreign buyers, be it for residential or commercial purposes.

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3 Sought-After Qualities of a New Home



If you’re buying a home for the first time, you probably have a checklist of features you’d want to see in any prospective home. Meanwhile, if you plan to move and/or sell your home (perhaps to upgrade when your family gets bigger, or move to a smaller home when your kids are all grown up), you have to think of what your future buyers would like, too.

If so, you may want to work with Perth home builders whose stylish and functional home designs tick every box on your checklist. In any case, here are three essential features to watch out for:

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First-Time Home Buyers: On Construction Home Loans



Loans for newly constructed homes can be obtained by either the prospective owner or homebuilder. As the name suggests, this type of loan is only applicable if you are having your home built from the ground up. Typically short term, construction home loans are mainly designed to fund the five stages of the home construction process, namely purchase of the land, flooring, roof, lock up, and finalisation. You can decide to break up the loan’s drawdown into five progressive draws that correspond to each specific construction process.

The moment one part of the construction is finished, you may then draw down the next portion of the loan. After each completed portion, a valuer will generally inspect the work to ensure it fulfils every criterion listed in that particular portion of the construction home loan.

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Tips for a Problem-Free House and Land Purchase



Finding Perth house and land packages should be easy. Finding one that fits your specific wants and needs—well, that’s another matter entirely. Fortunately, there are a number of ways you can ensure your house-buying journey ends with a property that truly satisfies your needs.

Evaluate display homes.

Display homes give you an idea of what your home can look like. Choose a model home with the design, size, and price according to your needs, and take it from there.

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Get Settled Today with any of the Home and Land Packages in Perth


Making the decision to settle in a new city like Perth is a difficult one at first, but once you’ve committed, you’ve got a lot to look forward to. A Piece of Perth discusses Western Australia’s very progressive and peaceful city, and reasons you’ll be glad you stayed here. If your employment has already been sorted in the CBD, a good place to commence looking for your new home is browsing available home and land packages in Perth, especially in suburbs that offer easy access to National Parks, walking/cycling tracks and trails, coastal walks, beaches, wineries, and shopping.
http://www.wowhomes.com.au/get-settled-today-home-land-packages-perth/

Perth Home Builders Will Help Make Your Australian Dream Come True


Perth's homebuyers are growing younger. In just six years, the number of under-30 buyers have jumped to nearly half from under a third. This indicates that consumers these days are more informed about their finances for the future. They're also starting early, knowing that it would be smart for them to invest in homes that they could eventually call their own. In light of this, real estate professionals in Western Australia strongly recommend that first home buyers in Perth base their decisions on empirical evidence and thorough observations—not on emotional points or reasons. After all, purchasing your first home is not as simple as it sounds. You’ll have to take several factors into account and make a solid plan.
http://www.wowhomes.com.au/perth-home-builders-will-help-make-australian-dream-come-true/

Experts Encourage Perth First Home Buyers to Make Practical Decisions


Perth's homebuyers are growing younger. In just six years, the number of under-30 buyers have jumped to nearly half from under a third. This indicates that consumers these days are more informed about their finances for the future. They're also starting early, knowing that it would be smart for them to invest in homes that they could eventually call their own. In light of this, real estate professionals in Western Australia strongly recommend that first home buyers in Perth base their decisions on empirical evidence and thorough observations—not on emotional points or reasons. After all, purchasing your first home is not as simple as it sounds. You’ll have to take several factors into account and make a solid plan.
http://www.wowhomes.com.au/experts-encourage-perth-first-home-buyers-make-practical-decisions/

Perth House and Land Packages Entail Fewer Intricacies, Paperwork


The approval process may take either 10 or 25 days, depending on whether or not the builder coordinated with a registered building surveyor. Under the old regulations, the process could take weeks to approve. You can imagine the level of attention to detail leading companies like Wow! Homes go through to get Perth house and land packages approved for construction.
http://www.wowhomes.com.au/perth-house-land-packages-entail-fewer-intricacies-paperwork/

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