We know it’s a very amazing time purchasing and building your first home, however, it does not always end up that way for many first home buyers.
Too many times we see people squandering hundreds of thousands of their hard earned money on a new house & land package since they believed they were getting themselves a great deal.
However keep in mind, if it sounds too great to be true, it typically is!
See, some Companies ‘hide’ their additional charges and don’t give you fixed upfront ‘costs’. Meaning that ‘quote’ they simply provided you, will most certainly NOT be the total cost you need to pay.
Which’s when you should be asking yourself, why?
If you’re being offered any home and land packages that are tens of thousands of dollars cheaper than other comparable homes you have actually taken a look at … there is most likely an excellent reason why.
Most of the time it’s since 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 additional for ‘site expenses’ so the contractor can make up their original price shortfall.
We hear a great deal of scary stories from first home buyers that get a bit too excited and unfortunately didn’t do enough research before parting with their hard-earned cash.
Rahul was one of 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 build 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 actually didn’t require to hand over a 10% deposit either).
Sara, unfortunately, contacted us after she ‘d just signed contracts with a big home builder and paid her deposit, only to later be struck with an additional $35,000 in ‘unanticipated’ expenses (for extras she believed were inclusive in the initial quote) and had no idea how she ‘d cover the costs.
Thankfully, with Rahul, one of our new home build specialists were able to assist him find a builder that specialised in building on smaller narrow blocks of land and wasn’t going to charge him a fortune to do so.
But, with Sara, it was too late. Beginning again with another Company and losing the deposit she ‘d already paid wasn’t an alternative. 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 numerous first home buyers that find themselves in a really confronting scenario since they have actually made a decision (and parted with a great deal of cash) without having all the info and help from specialists, that they required.
And we honestly don’t want that to happen to you!
That’s why we began the First Home Buyer Accelerator to assist novice new home buyers through the whole process so you don’t make any of the pricey and common mistakes we see far frequently.
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 best deal and it’s their role to ensure you move into your first home pleased and thrilled.
Imagine having assurance that when you do locate your ideal first home, you understand you’re making the right decision.
In simply a fast 10 minute call, you’ll get to talk with one of our specialists before you deciding you might later regret and you’ll also learn immediately if you get approved 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.