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 & JC share insights from buying their first home. A major surprise was the cost of council rates, which they now manage with weekly payments. They found mortgage terms like fixed vs. floating rates confusing, stressing the value of a good mortgage broker.
Practical lessons included organising curtains early to avoid delays. The greatest reward is the security of ownership, freedom to personalise their space, and being able to offer a safe haven to friends and family.
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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