Free Money!!

Nov 24th, 2008

At a time when the economic world seems to have the blues there are plenty of reasons to believe that the grey skies will soon clear to reveal a financial silver lining. Falling interest rates are fantastic news for both home owners and buyers, and together with lower fuel prices, families will now have more money to spend. The government’s injection of 10 billion dollars into the economy is a very welcome Christmas present for many Australians as well.
The boosting of the first home owners grant has had an immediate effect. Our open houses last weekend featured a re-emergence of first home owners into the marketplace, particularly at the new homes we are offering. It was brilliant to witness the excitement of younger people out ‘shopping’ for their first property and it is certainly wonderful that the next generation still believe in the Great Australian Dream of home ownership. I haven’t yet met anybody who thinks paying rent is a fulfilling pastime. One of the interesting conversations we are having with first home buyers involved that choices available to them with the range of homes currently on the market. Quite often the decision comes down to a choice between an older home in a central location or a newer property further from the CBD. There are big advantages in buying new with low maintenance, modern décor and building warranties and also great benefits when you buy close to town.
The best news for buyers is that we have an excellent range of properties available starting from a very low $149,000 for a unit and we should have a home that suits you and your budget. We have a number of suitable homes open for inspection tomorrow including a new villa in James Close priced at $279,000 opening at 9am, a villa in Park Street priced at $255,000 opening at 10am, a home in Wiruna Road opening at 11am priced at $330,000, a new townhouse in Toorak Court priced at $299,000 opening at 1pm and a delightful older home in Gray Street open at 11am that is to be auctioned. Please check our ads in this paper or go to out website www.portrealestate.net for a full list.
My best advice is to speak to one of our team about the process of buying, the first home owners grant and which is the best property for you. The government will give you $14,000 if you buy an established home or $21,000 if you buy new. Take advantage of this ‘free’ money to live the Australian Dream of home ownership.