We know it’s a very exciting time purchasing and building your first home, nevertheless, it does not always end up that like that for a good deal of first time home purchasers.
Too many times we see individuals wasting hundreds of thousands of dollars on a new house & land bundle due to the fact that they believed they were getting themselves a good deal.
However remember, if it sounds too great to be real, it typically is!
See, some Companies ‘conceal’ their additional costs and don’t offer you fixed upfront ‘quotes’. Suggesting that ‘quote’ they simply offered you, will most certainly NOT be the final cost you have 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 less expensive than other comparable houses you have actually looked at … there is most likely a good reason why.
Most of the time it’s due to the fact that you’re losing out on extras that should 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 home builder can catch up their original price gap.
We hear a great deal of horror stories from first home purchasers that get a little bit too excited and sadly didn’t do enough due diligence before parting with their hard-earned money.
Rahul was one of them. He approached us after spending his entire $25,000 deposit to secure a block of land that no home builder wanted to construct a house on (plus the worst part was, he believed he ‘d got himself a low-cost cost, however he ‘d really paid more than what it was worth and truly didn’t require to turn over a 10% deposit either).
Sara, sadly, contacted us after she ‘d already signed contracts with a big home builder and paid her deposit, just to later on be hit with an extra $35,000 in ‘unforeseen’ costs (for items she believed were inclusive in the initial quote) and had no idea how she ‘d cover the costs.
Luckily, with Rahul, one of our new home build professionals were able to help him discover a builder that specialised in working on smaller sized 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 once again with another home builder and losing the deposit she had actually already paid wasn’t a choice. So she ended up needing to finance 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 many first home purchasers that discover themselves in a really confronting situation due to the fact that they have actually decided (and parted with a great deal of money) without having all the info and help from professionals, that they needed.
And we honestly don’t wish that to occur to you!
That’s why we began the First Home Buyer Accelerator to direct first-time purchasers through the entire process so you don’t make any of the pricey and typical mistakes we see far frequently.
It’s their job to ask all of those questions that Rahul and Sara ought to have asked. It’s their job to find you the best offer and it’s their job to make sure you move into your first home pleased and thrilled.
Think of having comfort that when you do find your perfect first home, you know you’re making the ideal decision.
In simply a fast 10 minute call, you’ll get to talk with one of our professionals before you deciding you might later on regret and you’ll also discover right away if you qualify for assistance 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.