We understand it’s an extremely exciting time purchasing and building your very first home, however, it doesn’t constantly wind up that way for a good deal of first home purchasers.
A lot of times we see people squandering hundreds of thousands of dollars on a new house & land package because they believed they were getting themselves a great deal.
But remember, if it sounds too great to be true, it typically is!
See, some builders ‘hide’ their extra costs and do not provide you fixed upfront ‘quotes’. Indicating that ‘quote’ they simply gave you, will most definitely NOT be the final amount you need to pay.
And that’s when you should be asking yourself, why?
If you’re being sold any home and land packages that are tens of thousands of dollars cheaper than other comparable homes you‘ve looked at … there is most likely a good reason why.
The majority of the time it’s because you’re losing out on inclusions that must really come as standard (and they’ll be making you pay for them later on), or you’re going to be paying extra for ‘site expenses’ so the contractor can make up their original price shortfall.
We hear a lot of horror stories from very first home purchasers that get a little bit too excited and unfortunately didn’t do adequate research before parting with their hard-earned money.
Rahul was one of them. He approached us after spending his entire $25,000 deposit to lock in a block of land that no home builder wanted to construct a house on (plus the worst part was, he believed he ‘d got himself a low-cost price, however he ‘d in fact paid more than what it was valued at and actually didn’t require to turn over a 10% deposit either).
Sara, unfortunately, approached us after she ‘d already signed agreements with a well known home builder and paid her deposit, just to later on be struck with an extra $35,000 in ‘unanticipated’ expenses (for items she believed were included in the initial quote) and had no idea how she ‘d pay for them.
Thankfully, with Rahul, among our new home experts were able 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 had actually already paid wasn’t a choice. So she wound up having to borrow the extra $35,000 from her parents and chalk it up to one of those lifes lessons.
Rahul and Sara are simply a few of the many very first home purchasers that find themselves in a really stressful situation because they‘ve decided (and parted with a lot of cash) without having all the information and help from experts, that they required.
And we honestly do not wish that to occur to you!
That’s why we started the First Home Buyer Accelerator to direct first-time new home buyers through the entire procedure so you do not make any of the costly and typical mistakes we see far frequently.
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 very best deal and it’s their role to make certain you move into your very first home happy and proud.
Imagine having assurance that when you do find your ideal very first home, you understand you’re making the ideal decision.
In simply a quick 10 minute call, you’ll get to talk with one of our experts before you deciding you might later on regret and you’ll also find out right away if you qualify for help finding, purchasing and building your new very 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.