Investing in property, especially if it is your first time is truly overwhelming. You would like to make as few mistakes as possible and make sure that your money is spent wisely. When it comes to getting your money’s worth, nothing beats getting a package deal.
A package deal also works with huge investments like your next home. Shopping for house and land packages in Tarneit can pay if you look carefully. People who invest in house and land packages go into deals where they do not have to go through the process of planning and building their own homes in their chosen empty land. Here is a deeper look at why people choose to go for package deals for their first property purchase.
Reasons to invest in house and land packages:
1) Choose your house
Unlike buying a second-hand house going for house and land packages can help you choose the location of your home, the style of your home, as well as other features that you won’t normally have control over if you choose to buy a used one. Because of this, a lot of first-time homeowners look into house and land packages to help make their dream homes a reality.
2) Reduce on stamp duties
If you buy land and then, later on, choose to build a house on it, you would be spending on stamp duties for the land upon purchase, and then for the house when the time comes that you would build it. For packages, you would only pay for the stamp duties for the land that you purchased duties for your home is already included, hence the term package. This is one of the main reasons why people choose to purchase packages.
3) Little to no maintenance
It is common for homeowners to still shell out some money for repairs and modification of the homes they choose upon moving in. An old heating system that is due for replacement or home foundations that are about to break is common problems that homeowners who choose to purchase an old house have. You won’t have to face repair and maintenance problems because you would practically be moving to a home where everything is brand new. This means getting away with such additional expense.
4) Easily attract tenants
New properties attract tenants better than old ones. Renting your new investment, if you do not plan to live in it is easy. Plus, its rent value would be considerably higher than an old house.
5) Convenient
Save not just money, but also time and effort when you go for packages. Finding the right professional services like architects, engineers, and contractors among others, would not be a problem because it is already included in the package. All you have to do is sit back, relax, and see how your dream house becomes a reality. Plus, you get to move in more quickly.
Thinking of investing in a property? Look into such packages and see how you can enjoy the perks of such deals.
