Buying a home that is affordable

Buying a home that is affordable

Buying a home that is affordable

The low-cost Homes Program offers eligible purchasers exclusive use of properties at costs underneath the normal market price. These properties are offered for a finite period of time before being detailed regarding the market regarding the market that is open.

Properties can be obtained throughout Southern Australia you need to include former public and community housing stock, and brand new homes into the latest developments.

The procedure of purchasing a reasonable home

1. Look at your eligibility

To qualify, everyone else who can be listed as an owner in the certificate of title must:

  • be aged 18 years or older
  • perhaps perhaps not presently have a residential property
  • intend to are now living in your house being an owner occupier
  • be a resident of Southern Australian
  • meet up with the earnings and asset restrictions.

Public and housing that is community

Present Housing SA or community housing renters are automatically entitled to the Affordable Homes program. You must repay the debt in full before the settlement date if you have a debt with Housing SA. If successful you may no further qualify for public housing, and any beginning applications will be terminated when a property is bought.

2. Find a residential property

Look at the Affordable Homes site to look at all available domiciles. You can register to get e-mails alerts whenever home is listed that matches your requirements.

Properties can also be marketed in magazines or on websites online

3. Arrange finance

You’re accountable for organising your finance that is own and make use of the loan provider that you choose. Leer más

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