We understand it’s a very exciting time buying and building your very first home, nevertheless, it doesn’t constantly wind up that way for lots of first home buyers.
A lot of times we see individuals squandering hundreds of thousands of their hard earned money on a new house & land bundle because they thought they were getting themselves a good deal.
However keep in mind, if it sounds too good to be real, it generally is!
See, some Companies ‘conceal’ their additional costs and do not offer you fixed upfront ‘quotes’. Suggesting that ‘quote’ they simply provided you, will most certainly NOT be the final cost you need to pay.
Which’s when you should be asking yourself, why?
If you’re being offered any home and land packages that are 10s of thousands of dollars less expensive than other comparable houses you have actually taken a look at … there is probably an excellent reason why.
The majority of the time it’s because you’re losing out on inclusions that need to actually come as standard (and they’ll be making you pay for them later on), or you’re going to be paying additional for ‘site costs’ so the contractor can catch up their original price gap.
We hear a lot of scary stories from very first home buyers that get a little bit too excited and sadly didn’t do adequate due diligence before parting with their hard-earned cash.
Rahul was among them. He approached us after using his entire $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 cheap rate, but he ‘d in fact paid more than what it was worth and truly didn’t need to turn over a 10% deposit either).
Sara, sadly, contacted us after she ‘d already signed agreements with a big home builder and paid her deposit, just to later on be hit with an additional $35,000 in ‘unexpected’ costs (for extras she thought were included in the original quote) and had no thought of how she ‘d pay for them.
Thankfully, with Rahul, among our new home professionals were able to help him find 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. Beginning again with another Company and losing the deposit she had actually already paid wasn’t a choice. So she wound up having to borrow the additional $35,000 from her parents and chalk it up to one of those lifes lessons.
Rahul and Sara are simply a few of the numerous very first home buyers that find themselves in a truly difficult circumstance because they have actually made a decision (and parted with a lot of money) without having all the details and support from professionals, that they required.
And we truly do not wish that to occur to you!
That’s why we started the First Home Buyer Accelerator to assist first-time new home buyers through the entire process so you do not make any of the pricey and typical errors we see far too often.
It’s their job to ask all of those concerns that Rahul and Sara should have asked. It’s their job to find you the very best deal and it’s their job to ensure you move into your very first home delighted and excited.
Imagine having comfort that when you do find your perfect very first home, you understand you’re making the best decision.
In simply a quick 10 minute call, you’ll get to talk with one of our professionals before you making a decision you may later on regret and you’ll also learn immediately if you qualify for assistance finding, buying and building your new very 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.