Thinking of buying your first home? An exciting and sometimes overwhelming feeling is often experienced for many first home buyers with many details to consider and often unanswered questions. The first process we recommend when embarking on your search and journey to finding your first home is to ensure you review all the state taxation obligations and requirements which include stamp duty, land tax and emergency services levy, not only to ensure you know how much you will incurr in payments required through the property transaction, but to budget accordingly so you're not left short.
Once you have reviewed the payment requirements and tax implications, research the first home owner entitlements you may be entitled to through various grants and schemes administered by the RevenueSA. You can find out what entitlements you could be granted via the RevenueSA website, or perhaps chat to your conveyancer or financial institution. The Office of Consumer and Business Affairs provide an information brochure which you can download by clicking here.
Find out today if you're eligable to recieve the First Home Owners Grant by visiting the RevenueSA webiste. There are a number of criteria that must be met in order to recieve the grant, which you can review via the checklist and completing the questions by clicking here.
Am I eligible to receive the grant and how do I apply? First Home Owner Grant - How to Apply