Dear %%First Name%%
Your First Home Buyer Email Course
Welcome to the first email in the First Home
Buyer "Getting Started" email course. Over the next two weeks we'll be sending
you an email every couple of days, each time covering a certain topic designed
to improve your knowledge of the property and investing market.
To start off, today we are going to begin
by looking at what are generally considered the positive reasons for investing
in your first home.
Aside from the psychological and emotional
benefits living in your own home can provide, such as the security of knowing
that no landlord will be stopping by for inspections or deciding they want
to move back into the property and kick you out - the financial benefits can
prove very tangible and compelling.
While rents tend to increase with every lease term, usually annually, if you
opt for a fixed rate mortgage you effectively lock in your outlay for the
fixed rate period.
Property can increase in value over time. Investment in your own home over
the long term can equate to 'money in the bank' or substantial equity in
the home as the value increases and your loan amount decreases. The equity
or difference between the increase in value and the decrease in the loan
amount can be used for further investment, giving you the opportunity to
build your wealth.
Sometimes the equity you create can result in thousands of dollars of accumulated
wealth. You should think of every mortgage repayment as a type of savings
plan. When you consider that renters must keep paying rent, never accumulating
any equity from their rental payments, buying your own home really is the
Buying your first home should be an exciting
and satisfying experience and with a little knowledge and understanding of
the issues involved, there is no reason why it shouldn't be.
In our next emails we will discuss the process
of funding your purchase but in the meantime if you have any questions please
give us a call.
Until next time...