We know it’s a very thrilling time purchasing and building your first home, however, it does not constantly end up that like that for many first time home buyers.
A lot of times we see people squandering hundreds of thousands of dollars on a brand-new home & land bundle due to the fact that they thought they were getting themselves a good deal.
But remember, if it sounds too good to be real, it typically is!
See, some home builders ‘conceal’ their extra costs and do not provide you fixed upfront ‘quotes’. Meaning that ‘quote’ they just gave 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 sold any home and land packages that are tens of thousands of dollars cheaper than other comparable homes you have actually taken a look at … there is probably a great reason why.
Most of the time it’s due to the fact that you’re losing out on extras that ought to actually come as standard (and they’ll be making you pay for them later on), or you’re going to be paying extra for ‘site costs’ so the builder can make up their original price gap.
We hear a great deal of horror stories from first home buyers that get a bit too excited and unfortunately didn’t do adequate due diligence prior to parting with their hard-earned cash.
Rahul was among them. He approached us after spending his entire $25,000 deposit to secure a block of land that no Company wanted to develop on (plus the worst part was, he thought he ‘d got himself a low-cost price, however he ‘d really paid more than what it was worth and truly didn’t require to turn over a 10% deposit either).
Sara, unfortunately, approached us after she ‘d already signed contracts with a big Company and paid her deposit, only to later on be hit with an extra $35,000 in ‘unexpected’ costs (for items she thought were inclusive in the initial quote) and had no idea how she ‘d pay for them.
Thankfully, with Rahul, one of our brand-new home build specialists were able to assist 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 too late. Starting once again with another Company and losing the deposit she ‘d already paid wasn’t an option. So she wound up needing to borrow the extra $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 many first home buyers that find themselves in a truly confronting situation due to the fact that they have actually made a decision (and parted with a great deal of savings) without having all the information and assistance from specialists, that they required.
And we truly do not want that to happen to you!
That’s why we began the First Home Buyer Accelerator to assist novice new home buyers through the entire procedure so you do not make any of the pricey and common mistakes we see far frequently.
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 offer and it’s their role to make sure you move into your first home pleased and proud.
Picture having assurance that when you do locate your perfect first home, you know you’re making the right choice.
In just a quick 10 minute call, you’ll get to speak to one of our specialists prior to you making a decision you may later on regret and you’ll also find out immediately if you get approved for help finding, purchasing 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.