Would you buy ugly & dated in the area you want or apply for homebuyer fund and buy better?

Discussion in 'What to buy' started by Nina00, 19th Oct, 2021.

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  1. Joynz

    Joynz Well-Known Member

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    Only an idiot would spend all the inheritance on a renovation as per your example.

    Anyone sensible would pay down the government part of the loan in your scenario. They would then still have $300 to spend on the reno.
     
    Joynz, 24th Oct, 2021
    #21
    Stoffo likes this.
  2. Stoffo

    Stoffo Well-Known Member

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    Only an uneducated person would spend all the inheritance on a renovation instead of paying out/down the government part of the loan.

    We see and hear about people making stupid mistakes everyday though :oops:
     
    Stoffo, 24th Oct, 2021
    #22
    craigc likes this.
  3. Trainee

    Trainee Well-Known Member

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    All down to planning. People need to understand what the rules are. ‘But i thought’ doesnt cut it for functioning adults.
     
    Trainee, 24th Oct, 2021
    #23
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