When paying a mortgage is easier than paying rent: Buying Your First Home | A story of Ronald Lobo Jr.

There are many factors to take into consideration when buying a property in Sydney. First, you will need to know how much money you have for the deposit and what loan you can afford. Then you need to decide whether you want a home to live in or for an investment. But sometimes, things happen serendipitously. This is a story of Ronald Lobo Jr., who was advised by his well-wishers on the benefit of buying a property instead of renting. The cost of buying a home may not be the main thing that’s on the mind of a first-time homebuyer. It’s whether they should be buying a home in the first place. Buying a home for the first time means different things to different people. Some have been known to buy their first home as an investment that can generate passive income.

But Ronald was definitely looking for a place to call home. Ronald saw that there was a big dip in the interest rate in the market. He got advice from one of his bank advisors to may apply for a home loan and buy a property instead of paying rent, as his mortgage payments may end up the same as his monthly rent.” So Ronald, who previously lived in Blacktown, wanted to buy a property in the same proximity. Like all of us, he went out and started checking few properties till he landed up at Schofield Gardens.

“Hey, Ronald.” Vivek Trivedi said as he saw Ronald enter the office. “You’ve come for your first appointment?”

“Yeah, I’m looking to buy a property in Schofields,” Ronald replied. “I live in Blacktown now, but my lease is up soon, and I want something better.” Vivek led him through the office and then took him to one of the display units at Schofields Gardens. Vivek offered to give him a tour of Schofield Garden. He showed him the living room with its beautiful contemporary design and alluring shelves. The kitchen was fully equipped with a dishwasher, oven and kitchen cabinets. They moved on to the bathroom, where there was a beautiful sink, a bathtub and a separate shower area that had been done in tiles from floor to ceiling.

Ronald was highly impressed by this quality unit for such an affordable price tag – the decision was a no-brainer. The other challenge for Ronald was the process, like any other first home buyer. These concerns include how much is the deposit, when will be the settlement, how will we get regular updates etc. But Vivek Trivedi and the QA team were always there to support Ronald.

“If there was one person who could have swayed our decision, that was Vivek Trivedi from Quarter Acre”, said Ronald. Both Vivek and Quarter Acre believed in educating clients on the property market so they can make intelligent decisions. In these transactions, trust plays a big part, and building trust was the foundation of QA relationship with Ronald

Ronald is now a happy homeowner in his beautiful unit at the Schofield Gardens