Tips and traps for first home buyers
News from NEWS.com.au:

Saving the average deposit usually takes several years, so start a savings routine as soon as you begin to earn an income. Picture: AFP Source: AFP

GETTING a foot in your own front door is one of the biggest financial hurdles most people have to face, yet the dream can become a reality in a few years.

A steady savings plan, the odd government bonus or two and a realistic attitude to where and what property you buy are the keys to getting on the home ownership treadmill.

And though some first-home buyers might think three or four years of saving is a long time, it’s nothing compared with the 25 or 30 years they will spend repaying that mortgage.

As with most financial quests, there are…………… continues on NEWS.com.au
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