We understand it’s a very exciting time purchasing and building your very first house, nevertheless, it does not always end up that like that for a good deal of first time house buyers.
Too many times we see individuals squandering hundreds of thousands of their hard earned money on a brand-new house & land bundle because they thought they were getting themselves a great deal.
However remember, if it sounds too good to be real, it generally is!
See, some builders ‘conceal’ their additional costs and don’t offer you fixed upfront ‘costs’. Meaning that ‘quote’ they just provided 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 offered any house and land packages that are tens of thousands of dollars less expensive than other similar houses you‘ve 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 must actually 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 contractor can catch up their original price gap.
We hear a lot of scary stories from very first house buyers that get a bit too excited and unfortunately didn’t do sufficient due diligence before parting with their hard-earned cash.
Rahul was among them. He came to 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 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 already signed agreements with a big home builder and paid her deposit, only to later be struck with an extra $35,000 in ‘unanticipated’ costs (for items she thought were inclusive in the initial quote) and had no idea how she ‘d cover the costs.
Luckily, with Rahul, one of our brand-new house build 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 far too late. Starting again with another builder and losing the deposit she had actually previously paid wasn’t an alternative. So she ended up having to finance the additional $35,000 from her mum and dad and chalk it up to one of lifes lessons.
Rahul and Sara are just some of the numerous very first house buyers that discover themselves in a truly confronting circumstance because they‘ve made a decision (and parted with a lot of money) without having all the information and assistance from specialists, that they required.
And we truly don’t want that to happen to you!
That’s why we started the First Home Buyer Accelerator to direct first-time new home buyers through the whole procedure so you don’t make any of the expensive and typical errors we see far frequently.
It’s their role to ask all of those questions that Rahul and Sara should have asked. It’s their role to locate you the best deal and it’s their role to make sure you move into your very first house delighted and proud.
Imagine having comfort that when you do locate your perfect very first house, you understand you’re making the right decision.
In just a fast 10 minute call, you’ll get to talk with one of our specialists before you deciding you may later regret and you’ll also learn immediately if you receive help finding, purchasing and building your brand-new very 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.