We understand it’s a very exciting time buying and building your first house, nevertheless, it doesn’t always wind up that like that for a good deal of first time house purchasers.
Too many times we see individuals wasting hundreds of thousands of dollars on a brand-new house & land bundle because they thought they were getting themselves a good deal.
However remember, if it sounds too great to be real, it usually is!
See, some builders ‘hide’ their extra costs and do not provide you fixed upfront ‘costs’. Indicating that ‘quote’ they just gave you, will most certainly NOT be the final amount you need to pay.
And that’s when you should be asking yourself, why?
If you’re being offered any house and land packages that are 10s of thousands of dollars cheaper than other similar homes you‘ve looked at … there is probably a great reason why.
The majority of the time it’s because you’re missing out on inclusions that must really come as standard (and they’ll be making you pay for them later on), or you’re going to be paying extra for ‘site expenses’ so the contractor can catch up their original price gap.
We hear a great deal of scary stories from first house purchasers that get a bit too fired up and sadly didn’t do sufficient due diligence prior to parting with their hard-earned cash.
Rahul was one of them. He approached us after using his whole $25,000 deposit to lock in a block of land that no home builder wished to construct a house on (plus the worst part was, he thought he ‘d got himself a low-cost cost, however he ‘d actually paid more than what it was worth and really didn’t need to turn over a 10% deposit either).
Sara, sadly, contacted us after she ‘d just signed contracts with a well known home builder and paid her deposit, just to later on be hit with an additional $35,000 in ‘unanticipated’ expenses (for items she thought were included in the initial quote) and had no thought of how she ‘d cover the costs.
Fortunately, with Rahul, among our brand-new house build professionals had the ability to assist him find a builder that specialised in working on smaller narrow blocks of land and wasn’t going to charge him a fortune to do so.
But, with Sara, it was too late. Starting again with another home builder and losing the deposit she ‘d previously paid wasn’t a choice. So she ended up needing to borrow the extra $35,000 from her parents and chalk it up to one of those lifes lessons.
Rahul and Sara are just a few of the many first house purchasers that find themselves in a truly confronting scenario because they‘ve decided (and parted with a great deal of savings) without having all the info and support from professionals, that they needed.
And we really do not want that to occur to you!
That’s why we started the First Home Buyer Accelerator to direct first-time new home buyers through the whole process so you do not make any of the pricey and common errors we see far too often.
It’s their job to ask all of those questions that Rahul and Sara ought to have asked. It’s their job to locate you the very best deal and it’s their job to ensure you move into your first house pleased and ecstatic.
Picture having comfort that when you do locate your best first house, you know you’re making the best choice.
In just a fast 10 minute call, you’ll get to talk with one of our professionals prior to you making a decision you might later on regret and you’ll also learn immediately if you qualify for help finding, buying and building your brand-new first house.
Get access to thousands of dollars in free help so you can buy, build, and move into your first home faster and with more money left in your pocket.