We understand it’s a very exciting time buying and building your very first house, however, it doesn’t constantly end up that like that for lots of first time house buyers.
Too many times we see individuals losing hundreds of thousands of dollars on a new house & land package due to the fact that they thought they were getting themselves a great deal.
But keep in mind, if it sounds too good to be true, it normally is!
See, some builders ‘hide’ their extra charges and do not provide you fixed upfront ‘costs’. Indicating that ‘quote’ they simply gave you, will most absolutely NOT be the final cost you have to pay.
Which’s when you should be asking yourself, why?
If you’re being offered any house and land packages that are 10s of thousands of dollars cheaper than other comparable houses you‘ve taken a look at … there is most likely a good reason why.
Most of the time it’s due to the fact that you’re missing out on inclusions that should really come as standard (and they’ll be making you pay for them later on), or you’re going to be paying extra for ‘site expenses’ so the contractor can catch up their original price shortfall.
We hear a lot of scary stories from very first house buyers that get a little bit too fired up and sadly didn’t do adequate due diligence before parting with their hard-earned cash.
Rahul was one of them. He approached us after using his whole $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 thought he ‘d got himself a cheap cost, but he ‘d really paid more than what it was valued at and really didn’t need to turn over a 10% deposit either).
Sara, sadly, came to us after she ‘d just signed agreements with a well known builder and paid her deposit, just to later on be struck with an additional $35,000 in ‘unanticipated’ expenses (for extras she thought 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 experts were able to assist him discover a home builder that specialised in working on smaller sized 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 builder and losing the deposit she had actually previously paid wasn’t a choice. So she ended up having to borrow the extra $35,000 from her mum and dad and chalk it up to one of lifes lessons.
Rahul and Sara are simply some of the numerous very first house buyers that discover themselves in a really confronting situation due to the fact that they‘ve decided (and parted with a lot of savings) without having all the details and help from experts, that they needed.
And we really do not want that to occur to you!
That’s why we started the First Home Buyer Accelerator to guide novice purchasers through the whole process so you do not make any of the expensive and common errors we see far too often.
It’s their role to ask all of those concerns that Rahul and Sara should have asked. It’s their role to locate you the very best deal and it’s their role to ensure you move into your very first house pleased and ecstatic.
Picture having comfort that when you do locate your best very first house, you know you’re making the right decision.
In simply a fast 10 minute call, you’ll get to consult with one of our experts before you making a decision you may later on regret and you’ll also learn instantly if you receive assistance 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.