SandyVMember@sandyvJoin Date: 2006Post Count: 1
Want a property, but dont have the deposit. cant get 1st home owners grant, have some credit card debt.Know a little about Rent to Buy, but who can give me pros and cons re this? also want to buy on Gold Coast…how to find vendors who may be interested?
Thanks for any help offered
SandyKiwi-FullaMember@kiwi-fullaJoin Date: 2002Post Count: 371alexleeParticipant@alexleeJoin Date: 2004Post Count: 46
Sandy, backing up a bit, is it a good idea for you to be buying a property without a deposit? Rent to buy usually involves higher than normal rent. If you don’t have a deposit, does that mean you’re spending beyond your means? If that’s the case, can you afford the rent to buy payments?
AlexRichard TaylorParticipant@qlds007Join Date: 2003Post Count: 12,018
Under my Company First Home Owners Group Pty Ltd we have helped over 200 clients in your position over the last 10 years and still have over 150 clients on our books.
Feel free to email me any questions you may have especially as it appears you are referring to Qld where the installment legislation is different to many other States.