We know it’s an extremely exciting time buying and building your very first house, nevertheless, it does not constantly wind up that way for a good deal of first time house purchasers.
A lot of times we see individuals losing hundreds of thousands of their hard earned money 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 true, it normally is!
See, some home builders ‘conceal’ their extra fees and do not provide you fixed upfront ‘costs’. Suggesting that ‘quote’ they just gave you, will most absolutely NOT be the total amount you have to pay.
Which’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 cheaper than other comparable homes you‘ve looked at … there is most likely a good reason why.
Most of the time it’s due to the fact that you’re missing out on inclusions that need 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 expenses’ so the home builder can catch up their original price gap.
We hear a great deal of horror stories from very first house purchasers that get a bit too excited and regrettably didn’t do sufficient research before parting with their hard-earned money.
Rahul was among them. He came to us after spending his whole $25,000 deposit to secure a block of land that no home builder wanted to develop on (plus the worst part was, he thought he ‘d got himself a low-cost rate, however he ‘d really paid more than what it was valued at and actually didn’t require to turn over a 10% deposit either).
Sara, regrettably, came to us after she ‘d just signed agreements with a big home builder and paid her deposit, only to later on be struck with an additional $35,000 in ‘unforeseen’ expenses (for items she thought were included in the original quote) and had no idea how she ‘d pay for them.
Fortunately, with Rahul, among our brand-new house land specialists were able to help him discover a home 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 too late. Starting once again with another Company and losing the deposit she had actually already paid wasn’t an alternative. So she ended up having to borrow the extra $35,000 from her parents and chalk it up to one of lifes lessons.
Rahul and Sara are just a few of the many very first house purchasers that discover themselves in a really difficult situation due to the fact that they‘ve decided (and parted with a great deal of savings) without having all the info and assistance from specialists, 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 guide novice new home buyers through the whole procedure so you do not make any of the expensive and common errors we see far frequently.
It’s their role to ask all of those concerns that Rahul and Sara ought to have asked. It’s their role to find you the very best offer and it’s their role to make sure you move into your very first house delighted and ecstatic.
Think of having peace of mind that when you do find your perfect very first house, you understand you’re making the ideal choice.
In just a fast 10 minute call, you’ll get to talk to one of our specialists before you making a decision you may later on regret and you’ll also find out instantly if you get approved for help finding, buying and building your brand-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.