It’s brand new and you’re the first person to enjoy it Create the very first memories in your brand new home.  Soak in the bath that has never been used, walk in bare feet on carpet that has never been stepped on.   Customisation Choose the perfect block of land and the perfect home for you.  Create a floor plan that suits you.  Personalise your home with your own colors, finishes and features.  You don’t need to compromise with a house that was built for someone else.   Going Green Look after the environment and save on your energy bills.  A new house gives you the opportunity to install the latest energy efficient appliances.   Protect Your Family No hazardous materials, such as […]

Agreement This is the written contract for the sale and purchase of the property between the vendor (seller) and the purchaser (buyer). Deposit Part of the price (usually 10%) paid by the buyer when the agreement is signed or on confirmation. Equity This is the amount of the property that the purchaser actually owns – rather than owes. Freehold This form of title means that you own the land and the buildings on the property, with few restrictions. Mortgage A mortgage is a type of loan. Mortgages are used to make large real estate purchases without paying the entire value of the home and land up front. Over a period of many years you repay the loan, plus interest, until you eventually own […]

By Steph Nash Building your first home is an exciting but overwhelming experience. Confusing terms and definitions, budgeting, and home loans can be confronting for anyone who has never looked at property before, and most of it probably won’t make sense.