Budget
Negative Investment
Negative Investment can be quite a problem…..but what is it. Well it’s when the house is worth less than you paid for it. This can be a real issue if you need to sell the house. There are three ways…
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Restricted Site, Costs
People are astonished at how the builders costs soar when building on a restricted site! A restricted site is generally when a the building takes up most of the block. Generally this means that there is little room to store…
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Final Cost – When Do You Find Out?
Some people think that when they pay an initial deposit, and leave the Builders Sales Office they know how much their house will cost…………..If you are unlucky, and/or don’t know how the system works you could be hit for unexpected…
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Living While you Build – Cost
Living costs during the time your new house build can be much more expensive than after you have moved in. Its well worth planning for the additional expense. Why is it expensive? Well you will have either a mortgage or…
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$500 Down For A New House ….A Good Idea?
With the house builders doing it tough you see all sorts of offers. On the radio the other day I heard an advert saying “$500 down and you could be on the way to a new house and land package.”…
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Costs for Variations Compared with Retail Price
One area of annoyance for home buyers is when they want to vary something and the variation price is much more than the difference between retail prices. An example is the builders standard oven may be $700 at your local…
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How Much Can You Afford
So you want a new house? Before you start going around display houses the first thing you need to figure out is how much you can afford. Get this wrong as a couple and it can damage your relationship, and…
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The Entertainer
How often do you see “Perfect for Entertainment”, “Just the thing for Entertainment” or something similar in house builder’s brochures and estate agent descriptions. It’s really a way of trying to upsize you into a bigger (more expensive) house. Before…
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Is Australian Housing Expensive?…. or Just Big?
You frequently see articles saying how expensive Australia housing is compared with other countries ……….But is this really true? I was back in England recently and had a look at some estate agents prices in my home town which is…
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What Will It Cost?
When you are setting your budget for a new house, it’s not only the cost of the house and land, but all the other things that you might not have thought about. If you haven’t considered these you might find…
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