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Alternative Pathways to Home Ownership

13 Aug 2010 Casula 0 Comment

With house prices falling and the cheaper end of the property market gaining popularity, it seems that a lot of homebuyers out there are looking to save money.
 
Buying a house is the most expensive purchase many of us will make in our life, and saving up a deposit and paying off a mortgage may seem too far out of reach for some of us.
 
But there are alternative pathways to home ownership that could end up costing a little less.
 
For instance have you considered buying your property with a group, family member or  friend? Could you buy a home and rent it first before you plan on moving in yourself? Another option is to buy an old fixer-upper home or a cheaper home that you can use as a stepping stone to your eventual dream home.
 
Can you think of any more methods to help people get into the property market for less?

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Buying as a Group Home Ownership Property Market Saving Money

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