Is it your first time? You’ve never done it before? Well you need to do it before 30/9/12 while you still can! The NSW government will be ceasing the 1st Home Owner grant of $7000 (4 existing properties) come 30/9/12. If you’re in the 1st home buyer market & want to get a piece of the action then you’d be mad to miss out on this opportunity. Don’t be scared! We’re here to help…..Call us 24/7 – we never sleep.
Yes, a major decision was made as part of the NSW budget to end the 1st home owner grant of $7000 come 30 September 2012.
Government assistance will now be about “new dwellings” not “existing dwellings”.
As of 30 September, first home buyers will now receive 2 types of government benefit if they buy or build a brand new home for less than $650,000:
1. The “First Home Owner Grant (New Home) Scheme” will see first home buyers receive up to $15,000.
2. Transfer Duty exemptions for purchase price of $550,000, phasing out at $660,000 (from July 1 onwards).
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