Home News First home owner grant- How you can profit from it in 2009

First home owner grant- How you can profit from it in 2009

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Nila Sweeney

Out of the perfect storm of disaster that was 2008 is emerging an eager, willing and able class of property buyer. They're not investors nor retirees nor upgraders nor luxury buyers. They are first home buyers.

First home buyers now have everything laid out on a plate for them and more than enough incentive to quit their expensive life of 'renting' and make the jump into home ownership. 2009 will see the lowest interest rates in 50 years, the largest government 'freebees' in living history and generally low unemployment mix with Australia's great housing shortage and soaring rents.

Many investors and property professionals however see this as a lost opportunity - everyone knows investors don't qualify for the First Home Owners Grant ('FHOG') or any of the other incentives offered to first home buyers. As simple as it seems, everyone is actually wrong...!

Find out why in the latest issue.

 

With interest rates at their lowest for more than 50 years, there are some great rates available. The best thing to do is to compare rates from all the lenders. Let us help take the leg work out of doing this - Compare Home Loans now

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