Vendor
In real estate language, the seller of a property is commonly known as the vendor.
Help is available if you are struggling with home loan repayments.
Information about your rights and how you can exercise them during the building process.
In real estate language, the seller of a property is commonly known as the vendor.
When you borrow money for a home loan, lenders charge interest on top of the amount of money you have borrowed (the principal). The interest rate, which is usually quoted as an annual percentage of the loan amount, determines how much money you will need to pay back on your loan.
Contact details for refugee support services in South Australia
Housing Information from the Australian Government's Department of Home Affairs
If you’re an eligible first home buyer, you’ll pay zero stamp duty when you build or buy a new home. The property value thresholds for stamp duty relief have been removed, which means the stamp duty exemption is now available for all eligible first home buyers who buy a new home (houses, flats, units, townhouses, apartments), an off-the-plan apartment, a house and land package, or vacant land to build a new home.
The State Government has introduced a series of measures as part of its commitment to improving housing outcomes for people in South Australia.
This includes:
Eligible first home buyers purchasing a new property no longer have to pay stamp duty.
A Commonwealth Government initiative to support eligible regional first home buyers purchase a home in regional areas with as little as a 5 per cent deposit and without needing lenders mortgage insurance.
A guarantor on a home loan (typically a parent or family member) is someone who provides a guarantee to a lender that they will be responsible for repaying the entire loan if the borrower can’t pay it back. The benefit for a borrower is that it may increase the amount they can borrow or prevent the borrower from needing to pay lenders mortgage insurance, however there are risks for the guarantor.