We know it’s an extremely exciting time purchasing and building your first home, nevertheless, it does not constantly wind up that way for lots of first home purchasers.
A lot of times we see people losing hundreds of thousands of their hard earned money on a new home & land bundle since they believed they were getting themselves a good deal.
However keep in mind, if it sounds too great to be true, it generally is!
See, some builders ‘conceal’ their extra fees and don’t offer you fixed upfront ‘quotes’. Indicating that ‘quote’ they simply gave you, will most absolutely NOT be the final amount you need to pay.
And that’s when you should be asking yourself, why?
If you’re being sold any home and land packages that are tens of thousands of dollars cheaper than other similar houses you have actually looked at … there is most likely a good reason why.
The majority of the time it’s since 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 home builder can make up their original price gap.
We hear a great deal of horror stories from first home purchasers that get a bit too excited and sadly didn’t do adequate due diligence prior to parting with their hard-earned cash.
Rahul was among them. He approached us after spending his entire $25,000 deposit to secure a block of land that no builder wished to build on (plus the worst part was, he believed he ‘d got himself a low-cost price, however he ‘d actually paid more than what it was valued at and actually didn’t need to turn over a 10% deposit either).
Sara, sadly, came to us after she ‘d already signed contracts with a big builder and paid her deposit, just to later on be hit with an extra $35,000 in ‘unexpected’ expenses (for extras she believed were inclusive in the initial quote) and had no thought of how she ‘d cover the costs.
Luckily, with Rahul, one of our new home professionals had the ability to help him discover a builder that specialised in building on smaller narrow blocks of land and wasn’t going to charge him a fortune to do so.
However, with Sara, it was far too late. Starting again with another home builder and losing the deposit she had actually previously paid wasn’t a choice. So she ended up having to finance the extra $35,000 from her mum and dad and chalk it up to one of lifes lessons.
Rahul and Sara are simply some of the many first home purchasers that discover themselves in a really stressful situation since they have actually decided (and parted with a great deal of money) without having all the info and support from professionals, that they required.
And we honestly don’t want that to happen to you!
That’s why we started the First Home Buyer Accelerator to assist novice purchasers through the entire procedure so you don’t make any of the costly and common errors we see far frequently.
It’s their job to ask all of those concerns that Rahul and Sara should have asked. It’s their job to locate you the best offer and it’s their job to ensure you move into your first home delighted and excited.
Picture having comfort that when you do locate your best first home, you know you’re making the right decision.
In simply 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 find out instantly if you get approved for help finding, purchasing and building your new first home.
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.