48 John Street Tamworth
$ 260,000.00 For sale
First Home or Great Investment
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42 Jenners Lane, Tamworth
$ 1,550,000.00 For sale
Lifestyle Property with Profitable Business
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Business Sale - Bike Shop
$ 30,000.00 For sale
Bike Shop - Tamworth Region
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8 Ibis Street, Calala
$ 140,000.00 For sale
Elevated Vacant Land - Lampada Estate Calala
More Details 
Addimi Cafe - $300,000 NP!
Call for price For sale
Addimi Café - $300,000 NP!
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Welcome to Vendor Real Estate

Vendor are Tamworth's newest Premium Real Estate Agency. Whether you are looking to sell or buy, we're here to assist you on your property journey. Expect Sound advice, Superior Marketing and a service level second to none. Get in touch with us, we can't wait to show you what we can do.

 

Brock Lockwood - Director.

 

 

 

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No deposit home loans, no interest loans, loans of up to 105% - if this is what’s happening out in the world of first home buyer mortgages, why are there still so many people struggling to get into their first homes.

The fundamental truth of the matter is that there is a variety of options out there if you know where to look. While this article focuses on home loans, there are many other factors effecting first home owners gaining entry into the housing market, we’ll touch on these in later articles.

NO DEPOSIT HOME LOANS

A Deferred Deposit Agreement can help see you into your first home via an agreement with the vendor or builder, to virtually grant your deposit as a loan and stretch the repayments over a five-year period. This is particularly viable for first home owners eligible for the First Home Owners’ Grant (FHOG) and struggling to save a deposit.

Another option is to seek out a guarantor, usually in the shape of a family member. Once again, these types of loans are most suitable for first home buyers eligible for the FHOG.

Of course, there are pitfalls. Under a Deferred Deposit Agreement, you need to be sure you are going to be able to meet those extra repayments you will be making over a five-year period to repay the deposit loan. Your FHOG can bring these repayments down or shorten the repayment period by up to 50%, so that’s the good news. The difficulty may be finding a lender who will loan you the funds under this arrangement, but they are out there.

More good news is that no deposit loans don’t necessarily attract higher interest rates. Many of these loans are offered by lenders who are wanting to increase their share of the market. Your best chance of securing one of these types of loans is to go through a mortgage broker savvy with first home buyers and the options out there. A good place to start isn’t necessarily the internet, phone about, your local banks and mortgage brokers are best a first, but remember, loans can be with banks and financial institutions anywhere, ultimately, your options are endless.

If you do have a guarantor, think about borrowing 105%. The extra 5% will help you cover those extraneous costs like stamp duty. Keep in mind though, should you default on your loan, your guarantor is going to have to pay it back 100%. Now you don’t want to see mum and dad losing their house over your unfortunate circumstances, so be absolutely sure this is the right avenue for you.

It’s a bit of a quagmire when it comes to home loans, there is so much to think about and so many different avenues. It is best to seek the advice of a professional when trying to navigate this tricky road map, best advice is to contact your local mortgage brokers or us at Vendor knowing you will be pointed in the right direction and on the way to owning that property you’ve long dreamt of.


Properties For Sale Residential, Rural and Lifestyle

You Get More With VendorBringing buyers and sellers together.

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Servicing Tamworth and Surrounds

We're a Proud, Local Agency servicing Tamworth and Region.

Looking to Buy or Sell in the below areas?

East/North Tamworth

Hillvue/South Tamworth/Calala

Oxley Vale/Moore Creek

West Tamworth/ Taminda

Dungowan/Nundle

 

 

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Giving Back to Community

At Vendor, we believe in giving back.

Lets face it, Tamworth is a hot place in Summer! A tree lined street is aesthetically pleasing, gives shade, shelter and is great for the environment.

For every listing sold, we plant 10 trees!

Your local Schools, Sporting Clubs, Parks and even your own house can be recipients, simply sign up.

If you would like to receive trees, let us know by contacting us above.

 

 

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Superior Marketing

When selling property, you need the best marketing.

Our marketing packages give premier placement on Australia's leading website platforms, tasteful social media posts, professional photography and state of the art videography. 

The Vendor team will make your property stand out from the rest, continually developing new fresh marketing content until your property is sold.

 

 

 

 

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Videos and Photos that get Attention

Have you seen our marketing videos?

You won't see our agents on the set of a Mission Impossible Blockbuster, but we think they do a great job of directing a property shoot.

Catchy ideas, engaging content, masterfully produced videos that give your property personality and punch.

We give buyers the best perspective of your property, generating more enquiries and more leads.

 

 

Get Better Exposure

Your property deserves efficiently unleashed cross-media exposure to stand out from the crowd.

Maximize enquiries and potential interest in your property through targeted marketing and functional solutions.

We offer the best value add services to sellers of businesses and real estate.

Properties For Sale Businesses and Commercial Property

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