How to buy a House
"Stressful, exciting, worth it!"
How I did it: Saved with my partner over a period of two years. Put money in a savings account that gave good interest and that I could not access immediately, took three days to withdraw funds from so it was out of reach.
Did not overspend on clothes, hair appointments, food etc. Lived simply so as to save :)!
Lessons & tips: Save up a 10% deposit.
Think about exactly what you want in a house and write it down.
Get a pre approval from the bank so you have an idea of what your price range is.
Work out what your repayments will be and practice saving that much every week. Take into account that interest rates may go up and you will have extra expenses such as rates to pay.
Resources: realestate.com.au
mortgage broker
conveyancer
