Getting excited about owing your first home, that a landlord doesn’t have access to, is a wonderful feeling! Many home owners, however, lose their heads when it comes to renovating a new home and buying furniture. So if you are one of those lucky first home buyers who can still afford to buy a new home and take advantage of the lower than ever interest rates, consider the steps below to avoid overspending and making costly mistakes.
But first a word of warning – don’t overspend on that property. Make sure you buy with a rationale head and give yourself a clear maximum you can afford to spend before you go off to that auction!
1. Don’t Spend Too Much On Buying New Furniture and Remodelling
With home ownership come new costs and expenses, such as strata bills and water and trash payments, so it’s worthwhile to keep this in…
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