DH and are moving this week, and there is a bit of a shortage of rentals available in our new area. We are at the stage in our lives where we are looking at buying a home, so we thought; "Why not now?"
Anyway, we know how much we are willing to spend on a mortgage, and we have a 10%ish deposit, but we have never done this before and need some advice on what's involved?
What other costs should we expect? Building inspections etc.
Also, is the First Home Owners grant still around in NSW? Does this come off the upfront cost of the home? How does it work?
Is a normal settlement period around 6 weeks or so?
Please help I really honestly have no one else to ask.