First Home Buyers - Everything you need to know

How to avoid the 5 most costly mistakes that First Home Buyers make

Arrow Focus on Wealth together with Anita Marshall, Advanced Finance Solutions can help first home buyers make possibly the biggest investment of their life so much easier ,and avoid any costly mistakes.

Saving up the deposit for your first home can sometimes seem like an insurmountable challenge....  BUT if you have done your research , know how to get there, understand what it takes and how to reach the goal you can overcome this challenge.

Whether you are a couple, a family or on your own you need to be clever and receive the right advice from reliable, expert sources.

Note: Booking is  Essential for Catering and Seating purposes

We will cover :  What you will need for the lender , what type of property suits and why , what lending facilities are on offer now , and so much more , including:

• Budgeting and Cashflow , how to set up and manage this correctly
• Verifying you income correctly
• Having the right team around you for one of the largest transactions you will make in life
• Assets and liabilities - Good Debt, Bad Debt
• How much deposit you need for a property
• What % the banks will let you borrow for property
• What the banks consider to be "savings"
• How the lenders are assessing loans now - how they Analise spending habits and importance of not having high limit credit cards, zip, afterpay etc
• Important points for self-employed borrowers and investors
• Write your 'must have' and 'nice to have' lists - if a couple do a scoring system
• Get alerts on Realestate.com.au and Domain.com.au
• Open homes & inspections
• Making an appropriate offer depending on market conditions etc
• Letters of offers
• Multiple offers
• Contracts from buyers' perspective