6 Things You'll Wish You Thought Of Before Buying Your First Home

Buying a home can be the biggest financial decision you make, so you want to get all the details right. In today’s fast-paced world, moving to a new house to accommodate career, children’s schooling or shifting extended families isn’t uncommon. How can you ensure that your house will have great resale value when the time comes? A good principle is that whatever makes your home more liveable, makes it more attractive to a buyer, and drives up the price.

As the year comes to an end many of us look at our finances and question what we could have done differently, to be in a better position, and wonder how are we going to make improvements in the new year…? For those of you who are looking to build a new home or wanting to buy your first home, these are some pretty important questions. With so much news and commentary around interest rates being at an all-time low – it’s no secret that there really has never been a better time to build, buy or refinance to move into your dream home.

Can your bank offer a 2.99%⁺ interest rate during construction? Learn how MyChoice Home Loans can help you reach your building dreams.

Take a look at our finance calculators by MyChoice Home Loans to get started today!

Our mission is to make your dream of buying a new home come true. But as much as we love the idea that anyone has the ability to purchase the home of their dreams straight away, we know this isn’t always feasible. We’ve brought together some useful resources, including a collection of finance calculators, to help you determine how you can start building and own your dream home.

For most homeowners, home loan repayments will be a primary consideration and a determining factor in their choice of home. For first home buyers particularly, the financial side of things can seem daunting, with so much to think about already. Fortunately, there is a range of tools and guides available to help take the guesswork out of things, so you always know where you stand with your repayments.

More homeowners are deciding to buy new homes because it gives them the chance to personalise their property. Some people like the idea of a Home Theatre while some people prefer a Home Office, while others decide to incorporate a home gym. Keeping fit is becoming more important in today’s society and having a gym in your home is a great way to help you work on your health and fitness.

It’s becoming increasingly difficult to navigate your way around the world of the mortgage lender, especially when there are so many options to choose from. However, being spoiled for choice is never a good thing. How do you pick out the good, trustworthy lenders from the bad? If you are anxious to get your construction underway for your new home, then you’ll have to find the right lender. Here are a few tips to keep in mind on your search.

Buying off the plan is a popular investment strategy for many Australian property buyers. However, there are many common misconceptions about this strategy that leave a lot of homebuyers weary. Buying off the plan essentially means that you are purchasing a house or property that is not yet built, or is in the process of being built. Buying off the plan can be a really great investment opportunity, as well as a great way to save money on your new home. Here are a few myths that we’ve busted about this strategy.