We know it’s a really amazing time buying and building your very first house, however, it does not constantly wind up that like that for a good deal of first house buyers.
Too many times we see individuals squandering hundreds of thousands of dollars on a new house & land bundle since they believed they were getting themselves a great deal.
But keep in mind, if it sounds too great to be true, it usually is!
See, some builders ‘hide’ their additional costs and do not offer you fixed upfront ‘costs’. Suggesting that ‘quote’ they just offered you, will most definitely NOT be the final amount you need 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 similar homes you‘ve looked at … there is probably a good reason why.
Most of the time it’s since 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 additional for ‘site costs’ so the builder can catch up their original price gap.
We hear a great deal of scary stories from very first house buyers that get a bit too excited and regrettably didn’t do enough research before parting with their hard-earned money.
Rahul was one of them. He approached us after using his whole $25,000 deposit to secure a block of land that no Company wanted to build on (plus the worst part was, he believed he ‘d got himself an inexpensive rate, but he ‘d actually paid more than what it was valued at and truly didn’t need to hand over a 10% deposit either).
Sara, regrettably, approached us after she ‘d already signed agreements with a big Company and paid her deposit, just to later on be struck with an extra $35,000 in ‘unforeseen’ costs (for extras she believed were inclusive in the initial quote) and had no thought of how she ‘d cover the costs.
Luckily, with Rahul, one of our new house specialists had the ability to help 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.
But, with Sara, it was too late. Beginning once again with another builder and losing the deposit she ‘d previously paid wasn’t an alternative. So she ended up having to finance the additional $35,000 from her parents and chalk it up to one of those lifes lessons.
Rahul and Sara are just some of the many very first house buyers that discover themselves in a truly confronting scenario since they‘ve made a decision (and parted with a great deal of money) without having all the details and help from specialists, that they needed.
And we really do not wish that to occur to you!
That’s why we began the First Home Buyer Accelerator to direct first-time purchasers through the whole procedure so you do not make any of the expensive and typical errors we see far frequently.
It’s their job to ask all of those concerns that Rahul and Sara ought to have asked. It’s their job to locate you the best offer and it’s their job to make certain you move into your very first house happy and thrilled.
Think of having comfort that when you do locate your ideal very first house, you understand you’re making the ideal decision.
In just a fast 10 minute call, you’ll get to consult with one of our specialists before you making a decision you may later on regret and you’ll also discover right away if you qualify for 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.