We know it’s a very thrilling time buying and building your very first house, nevertheless, it doesn’t always end up that way for a good deal of first house buyers.
Too many times we see people squandering hundreds of thousands of dollars on a new house & land package since they believed they were getting themselves a good deal.
But keep in mind, if it sounds too great to be real, it generally is!
See, some builders ‘hide’ their additional costs and don’t give you fixed upfront ‘costs’. Meaning that ‘quote’ they just provided you, will most definitely NOT be the total cost you need 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 homes you have actually taken a look at … there is probably an excellent reason why.
The majority of the time it’s since you’re losing out on extras that should 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 contractor can catch up their original price gap.
We hear a lot of scary stories from very first house buyers that get a little bit too excited and regrettably didn’t do adequate research before parting with their hard-earned money.
Rahul was one of them. He came to us after spending 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 low-cost price, 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, regrettably, contacted us after she ‘d already signed contracts with a big home builder and paid her deposit, only to later be hit with an extra $35,000 in ‘unexpected’ expenses (for extras she believed were inclusive in the original quote) and had no idea how she ‘d cover the costs.
Fortunately, with Rahul, one of our new house specialists had the ability to help him discover 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. Starting once again with another Company and losing the deposit she ‘d previously paid wasn’t an option. So she wound up having to borrow 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 really confronting scenario since they have actually decided (and parted with a lot of cash) without having all the details and help from specialists, that they required.
And we truly don’t want that to occur to you!
That’s why we began the First Home Buyer Accelerator to direct novice new home buyers through the whole process so you don’t make any of the expensive and typical 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 best deal and it’s their role to make certain you move into your very first house pleased and proud.
Think of having comfort that when you do locate your perfect very first house, you understand you’re making the ideal choice.
In just a fast 10 minute call, you’ll get to speak to one of our specialists before you making a decision you might later regret and you’ll also discover immediately 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.