We understand it’s a really exciting time purchasing and building your first house, however, it does not constantly end up that like that for many first house buyers.
A lot of times we see individuals losing hundreds of thousands of dollars on a brand-new home & land package because they believed they were getting themselves a good deal.
But remember, if it sounds too great to be real, it usually is!
See, some home builders ‘conceal’ their additional costs and don’t offer you fixed upfront ‘costs’. Indicating that ‘quote’ they just provided you, will most absolutely NOT be the final amount you have to pay.
And that’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 less expensive than other similar houses you‘ve taken a look at … there is most likely an excellent reason why.
The majority of the time it’s because you’re missing out on extras that should actually come as standard (and they’ll be making you pay for them later on), or you’re going to be paying additional for ‘site expenses’ so the home builder can make up their original price shortfall.
We hear a lot of scary stories from first house buyers that get a bit too fired up and regrettably didn’t do sufficient 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 builder wished to develop on (plus the worst part was, he believed he ‘d got himself a cheap rate, but he ‘d actually paid more than what it was worth and actually didn’t need to hand over a 10% deposit either).
Sara, regrettably, came to us after she ‘d already signed agreements with a big builder and paid her deposit, only to later on be hit with an additional $35,000 in ‘unforeseen’ expenses (for extras she believed were included in the original quote) and had no thought of how she ‘d pay for them.
Fortunately, with Rahul, among our brand-new house experts had the ability to help him find a home builder that specialised in building 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 builder and losing the deposit she had actually previously paid wasn’t a choice. So she ended up having to finance the additional $35,000 from her mum and dad and chalk it up to one of those lifes lessons.
Rahul and Sara are just some of the numerous first house buyers that find themselves in a truly difficult scenario because they‘ve made a decision (and parted with a lot of cash) without having all the details and help from experts, that they required.
And we truly don’t wish that to happen to you!
That’s why we started the First Home Buyer Accelerator to guide first-time purchasers through the entire procedure so you don’t make any of the pricey and typical errors we see far frequently.
It’s their job to ask all of those questions that Rahul and Sara should have asked. It’s their job to locate you the very best deal and it’s their job to make sure you move into your first house pleased and excited.
Imagine having assurance that when you do locate your ideal first house, you know you’re making the ideal choice.
In just a fast 10 minute call, you’ll get to speak to one of our experts prior to you making a decision you may later on regret and you’ll also find out immediately if you receive help finding, purchasing and building your brand-new 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.