Buying a house is one of the most exciting milestones you’ll experience in life, right? Well, yes, but it can also be one of the most daunting processes you can go through. So, it’s incredibly important to understand what questions to ask when you’re going through your home-buying journey.
Perhaps, the first question you should ask is; should I buy an existing property, or buy a house and land package? Despite common misconceptions, buying a brand-new house and land package can offer greater value (now and in the future) than buying an established home (or someone else’s dream).
Of course, this decision will be largely based on the strength of each homes’ pros and cons, such as location, the package’s pricing, and the selling points the home builder is offering you as part of the deal. Further to this, deciding what you need versus what you want is important to ensure you stay within your financial means while building.
It’s important to ask these questions so you can be guided in the right direction from the start to save yourself time and money.
Finance.
Working within your financial means is integral to the overall success of your purchase. It is crucial to assess and organise your finances before you make any moves towards building your home. How much can I borrow? Who can give me the best interest rate? What do I need to budget to live comfortably while I service my loan? These are just some of the questions that are important to be clear on from the get-go. That’s where MyChoice Home Loans steps in, exclusive to Complete by McDonald Jones. Our team of financial experts can help you secure the best home loan to suit your needs and budget. Calling on their relationships with some of Australia’s leading lenders, they’ll do all the hard work for you, resulting in a stress-free home loan process.
Cost.
Now, how much does a house and land package cost?
Naturally, this is an important question to ask because the answers can vary quite a bit. At Complete you will have peace of mind knowing that all of our house and land packages are FIXED PRICE, yes, that’s right! The price advertised is the price you pay. We pride ourselves on being a reputable builder, so at Complete, we’re transparent and upfront with any costs involved. Plus, did you know that what other builders might deem an upgrade comes as standard in each of our ready-built homes, including:
- Steel frames
- Turf to front and rear of home
- Colourbond roof, gutters, and garage
- Driveway, fencing, letterbox
- And more!
The best part is you can also take advantage of our buy now, pay later opportunities; meaning once you pay your deposit, you can enjoy $0 progress payments until you receive the keys to your brand-new home.
How long does it take to build?
If you were building on land you’d already purchased, the building process can be extensive if the land you’ve purchased isn’t registered. However, a Complete house and land package is registered and ready to go, meaning the process is streamlined, and you’re completely aware of both the construction start and settlement dates, so you can plan to move in with ease.
Government grants and other incentives.
There are many incentives out there for home buyers, particularly if it’s your first time. Chat with your MyChoice Home Loans consultant to see if you’re entitled to any government grants such as the First Home Buyer Assistance Scheme, where you may qualify for a full exemption from stamp duty!
Our expert consultants at MyChoice Home Loans will be able to assist you in the application for this scheme. To find out if you’re eligible to avoid paying any stamp duty costs visit the NSW Revenue website for further details.
Ready to start your new-home build journey with Complete? Browse our available packages and secure your brand-new turnkey house in NSW today!