We know it’s an extremely amazing time buying and building your first home, nevertheless, it doesn’t always end up that way for many first home buyers.
Too many times we see people wasting hundreds of thousands of dollars on a new house & land package due to the fact that they believed they were getting themselves a good deal.
But remember, if it sounds too great to be real, it usually is!
See, some Companies ‘hide’ their additional costs and don’t provide you fixed upfront ‘costs’. Meaning that ‘quote’ they simply offered you, will most absolutely NOT be the total cost you have 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 cheaper than other comparable homes you‘ve taken a look at … there is most likely a great reason why.
The majority of the time it’s due to the fact that you’re losing out on inclusions that need to 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 home builder can catch up their original price shortfall.
We hear a great deal of horror stories from first home buyers that get a bit too excited and unfortunately didn’t do enough due diligence prior to parting with their hard-earned money.
Rahul was one of them. He approached us after using his entire $25,000 deposit to lock in 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 price, 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, came to us after she ‘d just signed agreements with a big home builder and paid her deposit, just to later be struck with an additional $35,000 in ‘unanticipated’ costs (for items she believed were included in the original quote) and had no idea how she ‘d pay for them.
Fortunately, with Rahul, among our new home build experts were able to help him find 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. Beginning once again with another builder and losing the deposit she ‘d already paid wasn’t an option. So she wound up having to borrow the additional $35,000 from her mum and dad and chalk it up to one of lifes lessons.
Rahul and Sara are simply some of the many first home buyers that find themselves in a truly difficult scenario due to the fact that they‘ve made a decision (and parted with a great deal of cash) without having all the details and support from experts, that they needed.
And we really 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 excited.
Think of having assurance that when you do find your best first home, you understand you’re making the ideal choice.
In simply a fast 10 minute call, you’ll get to speak to one of our experts prior to you deciding you might later regret and you’ll also learn instantly if you qualify for assistance finding, buying 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.