First Home Buyers Club Blog

Legal Toolkit: Purchasing A Property At Auction

The team at Schnauer & Co's have put together a resource toolkit to highlight some of the common misconceptions that some first home buyers have and provide you with tips on how to avoid some easy mistakes when buying your first home. Our expert tips will be presented over six easy to read articles, and they are all designed to help you achieve your goal of homeownership in NZ. 

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Legal Toolkit: The Bank of Mum and Dad – Loans vs Gifts

The team at Schnauer & Co's have put together a resource toolkit to highlight some of the common misconceptions that some first home buyers have and provide you with tips on how to avoid some easy mistakes when buying your first home. Our expert tips will be presented over six easy to read articles, and they are all designed to help you achieve your goal of homeownership in NZ. 

In the first 2 parts of the series, we discussed the solicitor approval condition and the process to follow when you are not able to satisfy conditions in the agreement for sale and purchase.

In this Part 3, we will highlight the differences between a loan from parents vs a gift from parents (AKA the bank of Mum and Dad).

As always we recommend getting good independent legal advice.

Don't forget to take advantage of Schnauer & Co's First Home Buyer Member Offer for a free 60 minute consultation.

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sales-purchase-agreement

Legal Toolkit: Expert Tips for First Home Buyers Part 2

The team at Schnauer & Co's have put together a resource toolkit to highlight some of the common misconceptions that some first home buyers have and provide you with tips on how to avoid some easy mistakes when buying your first home. Our expert tips will be presented over six easy to read articles, and they are all designed to help you achieve your goal of homeownership in NZ. 

In part one of the series, they covered the Solicitor's Approval as a condition of a Sale & Purchase Agreement.

This week they cover off some important changes to the sales and purchase agreement which impact on  standard conditions, what this means for you and options you may have.

As always we recommend getting good independent legal advice.

Don't forget to take advantage of Schnauer & Co's First Home Buyer Member Offer for a free 60 minute consultation.

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Legal Toolkit: Expert Tips for First Home Buyers Part 1

The team at Schnauer and Co. have put together a resource toolkit to highlight some of the common misconceptions that some first home buyers have and provide you with tips on how to avoid some easy mistakes when buying your first home. Our expert tips will be presented over [6] easy to read articles, and they are all designed to help you achieve your goal of home ownership in NZ.

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Buying An Apartment Off The Plans – 6 Things To Look For

What Should You Be Looking For When Buying An Apartment Off The Plans?

In New Zealand, particularly Auckland, the growing population and rising house prices have resulted in apartment living becoming an appealing and more realistic option for many first home buyers.  Any property purchase is a big decision but buying an apartment off the plans doesn’t need to be a stressful process.

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Mortgage Affordability

What Is Debt Servicing And How Does It Affect Your Approval Chances?

Do You Pass The Debt Servicing Test?

Borrowing at the moment isn’t easy and a lot of this comes down to bank credit policy in this market and their appetite to lend. Credit policy varies across banks, however, in most respects, they remain very similar.  This article helps to explain the importance of debt servicing when applying for your first home loan.

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The main risks of buying off the plans

Schnauer and Coare a North Shore-based law firm that has developed its legal expertise to encompass nearly every area of the law – so they can walk alongside their clients throughout their lifetimes, and those of their families. They combine the experience of their more than 30-year history and expert team with a lateral thinking, flexible approach to problem-solving. 

In partnering with The First Home Buyers Club, Schnauer and Co. have expressed a commitment to helping educate and advise first home buyers through the process of buying their first home.

You can take advantage of Schnauer and Co.'s First Home Buyers' Member Offer here.

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