Tuesday, January 14, 2020

Six Tips on How to Prepare to Buy Your First Home

If you’re a first time home buyer, it’s natural to get excited. After all, it’s your first big purchase and your entry into the property sector.


Photo by Sandy Millar on Unsplash

These six tips will help you prepare adequately to buy your first home at a fair price and without too much fuss.

Monday, January 13, 2020

Seven Steps to Buying The Right Home

Homeownership sure feels great, and it’s a great dream that has a sweet ring to it.


Photo by Breno Assis on Unsplash

However, don’t be fooled; the road to owning your own home is no bed of roses. It calls for major sacrifices and finding the home of your dream requires effort and discipline, not to mention finance. But, with a little ingenuity and the following home-buying checklist and tips, you can blaze your way to home-ownership.

What Do I Need Financially To Buy My First Home?

Buying your first home is a massive financial undertaking. You will need to be psychologically, emotionally, and, of course, financially ready before you make the big purchase.


Photo by Scott Webb on Unsplash

If you are looking to purchase your first home, don’t sweat it. We have rounded up things you need financially to make the whole process effortlessly easy.

Sufficient Savings to Buy the Property


If you have enough money saved or your relative or parents have given you a monetary gift, you can easily buy your first home outright. That’s a wise way to do it without incurring additional costs in interest charges. The problem, however, is that not everyone can afford to buy a home without the need for a loan.

Can You Get A First Home Buyers Loan with No Deposit?

We get this question a lot. New-entry home-buyers are looking to take advantage of low-interest rates to join the new crop of homeowners. However, saving up for your first home deposit can be a huge hassle, especially if you have other financial burdens such as paying off student debt, utility bills, and other recurrent payments.


There is some good news, though. That’s right; thanks to a slew of government subsidies, First Home Owners Grant, and a broad range of family pledge options, it is now easier than ever for first-time homeowners to join the housing market, even without a deposit.

Can You Still Get No Deposit Home Loans?

Are you struggling to put down the standard 20% deposit needed to score a home loan?


You are not alone; many would-be homeowners in the country are sailing in the same boat. The good thing is that there are several family pledge home loan options for people like you.