We know it’s an extremely amazing time purchasing and building your very first house, nevertheless, it doesn’t constantly wind up that like that for lots of first house buyers.
A lot of times we see people losing hundreds of thousands of dollars 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 generally is!
See, some home builders ‘conceal’ their additional costs and don’t offer you fixed upfront ‘quotes’. Indicating that ‘quote’ they just provided 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 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.
Most of the time it’s since you’re missing out on extras that must really 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 home builder can make up their original price gap.
We hear a lot of horror stories from very first house buyers that get a little bit too excited and sadly didn’t do adequate 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 secure a block of land that no Company wished to develop on (plus the worst part was, he believed he ‘d got himself a cheap price, however he ‘d really paid more than what it was valued at and really didn’t need to hand over a 10% deposit either).
Sara, sadly, approached us after she ‘d just signed contracts with a well known Company and paid her deposit, just to later be hit with an additional $35,000 in ‘unanticipated’ expenses (for extras she believed were inclusive in the original quote) and had no idea how she ‘d cover the costs.
Luckily, with Rahul, among our new house professionals had the ability to help him find a builder that specialised in working on smaller narrow blocks of land and wasn’t going to charge him a fortune to do so.
However, with Sara, it was far too late. Starting again with another home builder and losing the deposit she ‘d already 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 a few of the numerous very first house buyers that find themselves in a really difficult scenario since they have actually made a decision (and parted with a lot of cash) without having all the details and support from professionals, that they needed.
And we truly don’t wish that to happen to you!
That’s why we started the First Home Buyer Accelerator to direct first-time purchasers through the entire process so you don’t make any of the costly and common mistakes we see far too often.
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 very best offer and it’s their job to ensure you move into your very first house pleased and ecstatic.
Imagine having peace of mind that when you do locate your best very first house, you know you’re making the right decision.
In just a quick 10 minute call, you’ll get to consult with one of our professionals prior to you deciding you may later regret and you’ll also learn right away if you receive help finding, purchasing 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.