Please could you help me find out about first time home buying, and any help out there?

I have recently moved to Sydney Australia, and as with any decent city these days the prospect of getting enough money together to buy a property here is sadly moving further away despite saving up what we thought to be a good deposit. Does anyone know of any alternative ways of getting cash/loans/help/investment other than banks or credit unions? Maybe you know of churches or other benevolant organisations that are able to give a young, hard working family a hand up. We have considered getting a place in need of moderate renovation or improvement in order to get a cheaper place, as we just desperately want to get on the property ladder - do you know where we can get help and advice so as to see all our options?

We are a mum and dad and baby with a modest single income, working our way towards a respectable deposit and don%26#039;t really want to blow a large proportion of this on real estate agents fees and the like if we can help it.

Please could you help me find out about first time home buying, and any help out there?

Wherem ever you choose to look, def. ask them if they offer FHA Loans. Those are loans that are given by the government. Usually cheaper than regular lenders for low income/bad credit families.

Please could you help me find out about first time home buying, and any help out there?

There are some good articles provied here http://forum.dtfinancial.com/index.php?b... Lots of tips and good information.

Please could you help me find out about first time home buying, and any help out there?

You should not blow any of it on Realtor fee, a buyers agent is paid from the seller. so no worries there.

Your first step should be going to www.remax.com and search for a buyers agent in the area of Australia you are thinking of looking. They will be able to help you with all your real estate questions. And remember, their service is free to you.

Good Luck,

RE Agent,

Remax

Please could you help me find out about first time home buying, and any help out there?

Alot of the answer to this is dependant on where you are currently based.

I can give and answer but if you don%26#039;t live in Australia then it won%26#039;t be all that relevant to you.

In Aussie there are a number of options, one being to talk to a company like say Devine who do specials for first home owners regularly.

Here you would also be entitled to the first home owners grant of $7000, if in Victoria you will also get a bonus $3000-$4000 from the state government also.

From a lending point, some of the best products around are the St George products like their 100% product and their 95% product. The interest rate for these is a but higher then the standard rate but it gets you up and going.

If you want anything more specific to Australian states then drop me a line at ojhowden64@yahoo.com.au

I work in the industry and know of a number of companies Aussie wide that may be of help to you.