This happened already to our oldest son and caused no end of anxiety about how to afford living in Auckland and what to do with their current home. That was until we discussed the options available and now his family have a clear (and much less anxious) path ahead.And actually it might turn out to be quite an opportunity. He bought his first home before you could withdraw your super for the deposit and so it's still sitting in there accruing nicely.
There is a way to access it under the 2nd chance home loan scheme and so we are looking into that. This one option is a game changer and could provide much more deposit to add to the pot and make buying and living in Auckland work.
Your situation might be quite different, but the moral of the story is this. Get good advice from someone qualified to to give it to you. I work with Mercer to find out what's possible for service pers. I have the forms to apply for super and also work with your solicitor to make sure its all sorted property.
First home, 2nd chance home loan, or you may have used your super already and want to buy a home in the new location and don't know whether to sell your existing home. Whatever your situation I can help you know what is possible and guide you through the process.
So - in short contact me if you want to make things easier for yourself and to get the best deal. 03 319 5482 or 027 503 1080 Lets see if we can get you sorted. You know my service is free - the banks pay me.
Please send this to anyone you know who is looking to buy their own home. Posted or not, I'd love to help them too.