We understand it’s a very amazing time buying and building your first home, nevertheless, it does not constantly end up that like that for many first home buyers.
A lot of times we see individuals squandering hundreds of thousands of dollars on a brand-new house & land bundle since they thought they were getting themselves a great deal.
But keep in mind, if it sounds too great to be true, it typically is!
See, some builders ‘hide’ their additional charges and don’t offer you fixed upfront ‘quotes’. Indicating that ‘quote’ they simply offered you, will most absolutely NOT be the total amount you need to pay.
And that’s when you should be asking yourself, why?
If you’re being offered any home and land packages that are 10s of thousands of dollars cheaper than other similar homes you have actually looked at … there is most likely a great reason why.
The majority of the time it’s since 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 builder can catch up their original price shortfall.
We hear a great deal of horror stories from first home buyers that get a little bit too fired up and sadly didn’t do sufficient due diligence prior to parting with their hard-earned cash.
Rahul was one of them. He approached us after using his whole $25,000 deposit to lock in a block of land that no builder wished to develop on (plus the worst part was, he thought he ‘d got himself a cheap price, however he ‘d actually paid more than what it was worth and really didn’t need to hand over a 10% deposit either).
Sara, sadly, approached us after she ‘d just 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 items she thought were inclusive in the initial quote) and had no idea how she ‘d cover the costs.
Luckily, with Rahul, one of our brand-new home build specialists had the ability to help him find a builder that specialised in working on smaller sized narrow blocks of land and wasn’t going to charge him a fortune to do so.
But, with Sara, it was far too late. Beginning once again with another builder and losing the deposit she had actually previously paid wasn’t an option. So she ended up needing 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 simply a few of the many first home buyers that find themselves in a truly difficult circumstance since they have actually decided (and parted with a great deal of money) without having all the information and help from specialists, that they required.
And we truly don’t wish that to occur to you!
That’s why we started the First Home Buyer Accelerator to direct novice purchasers through the whole process so you don’t make any of the costly and common mistakes we see far too often.
It’s their role to ask all of those questions that Rahul and Sara should have asked. It’s their role to find you the best offer and it’s their role to make sure you move into your first home happy and proud.
Imagine having comfort that when you do find your best first home, you understand you’re making the best decision.
In simply a quick 10 minute call, you’ll get to talk to one of our specialists prior to you deciding you might later on regret and you’ll also discover instantly if you qualify for help finding, buying and building your brand-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.