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  • Profile photo of giladgilad
    Member
    @gilad
    Join Date: 2004
    Post Count: 64
    September 29, 2004 - 6:38 am

    gday,

    i’ve been talking to a couple of people about investing in a property, and they say that if i buy my first property as an “investment”, i will still be eligible for the first home owners grant in a year or so, when i buy my own property/house. I doubt these people have any real basis for this claim, and so i wanted to check what you fellas thought.

    thanks,
    gilad

    Profile photo of Mortgage HunterMortgage Hunter
    Participant
    @mortgage-hunter
    Join Date: 2003
    Post Count: 3,781
    September 29, 2004 - 11:30 am

    If you don’t reside in the property you will still be eligible when you buy your home.

    Check it at:

    http://www.mortgagehunter.com.au/first-home-owner-grant.html

    Simon Macks
    Mortgage Broker
    http://www.mortgagehunter.com.au
    0425 228 985

    3 year fixed rate – 6.69%

    Comments may not be relevant to individual circumstances. If you intend making any investment, financial or taxation decision you should consult a professional adviser.

Viewing 2 posts - 1 through 2 (of 2 total)

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