We know it’s a very exciting time buying and building your first home, however, it does not constantly end up that like that for many first home purchasers.
Too many times we see individuals losing hundreds of thousands of their hard earned money on a brand-new home & land bundle since they believed they were getting themselves a great deal.
But remember, if it sounds too good to be true, it normally is!
See, some builders ‘hide’ their additional costs and do not provide you fixed upfront ‘quotes’. Indicating that ‘quote’ they simply provided you, will most absolutely NOT be the total cost you have to pay.
And that’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 homes you‘ve looked at … there is most likely a great reason why.
The majority of the time it’s since you’re missing out on extras that should really come as standard (and they’ll be making you pay for them later), or you’re going to be paying additional for ‘site costs’ so the builder can catch up their original price shortfall.
We hear a great deal of horror stories from first home purchasers that get a bit too excited and unfortunately didn’t do sufficient research before parting with their hard-earned money.
Rahul was among them. He approached us after using his whole $25,000 deposit to lock in a block of land that no Company wished to construct a house on (plus the worst part was, he believed he ‘d got himself a cheap rate, however he ‘d in fact paid more than what it was worth and really didn’t require to hand over a 10% deposit either).
Sara, unfortunately, contacted us after she ‘d just signed contracts with a big Company and paid her deposit, only to later be struck with an additional $35,000 in ‘unanticipated’ costs (for extras she believed were included in the initial quote) and had no thought of how she ‘d cover the costs.
Fortunately, with Rahul, one of our brand-new home specialists were able to assist him discover a builder that specialised in working on smaller narrow blocks of land and wasn’t going to charge him a fortune to do so.
However, with Sara, it was too late. Starting once again with another builder and losing the deposit she had actually previously paid wasn’t an alternative. So she ended up needing to finance the additional $35,000 from her mum and dad and chalk it up to one of those lifes lessons.
Rahul and Sara are simply a few of the numerous first home purchasers that discover themselves in a really difficult scenario since they‘ve decided (and parted with a great deal of money) without having all the information and support from specialists, that they required.
And we truly do not wish that to occur to you!
That’s why we began the First Home Buyer Accelerator to guide first-time new home buyers through the whole process so you do not make any of the expensive and common mistakes we see far too often.
It’s their role to ask all of those questions that Rahul and Sara ought to have asked. It’s their role to locate you the best offer and it’s their role to make sure you move into your first home pleased and ecstatic.
Picture having peace of mind that when you do locate your perfect first home, you understand you’re making the right decision.
In simply a fast 10 minute call, you’ll get to talk with one of our specialists before you making a decision you may later regret and you’ll also learn immediately if you qualify for assistance finding, buying and building your brand-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.