We know it’s a very exciting time buying and building your very first house, nevertheless, it does not always end up that way for many first house purchasers.
Too many times we see people losing hundreds of thousands of dollars on a new home & land package because they believed they were getting themselves a good deal.
But keep in mind, if it sounds too good to be true, it usually is!
See, some Companies ‘hide’ their extra charges and do not provide you fixed upfront ‘quotes’. Meaning that ‘quote’ they just gave you, will most absolutely NOT be the final cost you need to pay.
Which’s when you should be asking yourself, why?
If you’re being sold any house and land packages that are 10s of thousands of dollars cheaper than other comparable houses you have actually looked at … there is probably a great reason why.
The majority of the time it’s because you’re missing 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 extra for ‘site expenses’ so the home builder can make up their original price shortfall.
We hear a great deal of horror stories from very first house purchasers that get a bit too fired up and unfortunately 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 builder wanted to construct a house on (plus the worst part was, he believed he ‘d got himself a cheap rate, but he ‘d in fact paid more than what it was valued at and truly didn’t need to turn over a 10% deposit either).
Sara, unfortunately, contacted us after she ‘d just signed agreements with a big builder and paid her deposit, only to later be struck with an additional $35,000 in ‘unforeseen’ expenses (for extras she believed were inclusive in the initial quote) and had no thought of how she ‘d pay for them.
Luckily, with Rahul, one of our new house build professionals had the ability to help him discover a home builder that specialised in working on smaller narrow blocks of land and wasn’t going to charge him a fortune to do so.
But, with Sara, it was far too late. Starting again with another Company and losing the deposit she ‘d already paid wasn’t an alternative. So she wound up having to finance the extra $35,000 from her parents and chalk it up to one of lifes lessons.
Rahul and Sara are just some of the numerous very first house purchasers that discover themselves in a truly confronting circumstance because they have actually made a decision (and parted with a great deal of money) without having all the details and assistance from professionals, that they required.
And we really do not wish that to occur to you!
That’s why we began the First Home Buyer Accelerator to direct novice purchasers through the entire procedure so you do not make any of the pricey and common mistakes 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 find you the best offer and it’s their job to ensure you move into your very first house pleased and excited.
Imagine having assurance that when you do find your best very first house, you understand you’re making the best choice.
In just a quick 10 minute call, you’ll get to speak with one of our professionals before you deciding you may later regret and you’ll also learn instantly if you get approved for help finding, buying and building your 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.