Feature article
Buying my first home: what I wish I knew
Kevin & JC on buying their first home
Last updated: 3 March 2025
AI summary
Siblings Kevin and JC share insights from buying their first home. A major surprise was the high cost of council rates, which they now manage with weekly payments. They found mortgage terms like fixed vs. floating rates confusing but a mortgage broker helped clarify them.
Practical advice includes organising curtains early to avoid post-settlement delays. The greatest benefit of ownership for them is the feeling of security and being able to provide a "safe haven" for family and friends.
What was the most surprising thing about the financial side of buying the house?
Were there any terms that confused you?
Is there anything you wish you knew before you went into buying a house?
What was the settlement period like?
Now that you're settled in, is there anything that's been especially great or annoying?
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