We know it’s a really exciting time buying and building your first house, however, it doesn’t constantly end up that like that for many first time house buyers.
Too many times we see individuals wasting hundreds of thousands of their hard earned money on a new home & land bundle since they thought they were getting themselves a good deal.
However remember, if it sounds too good to be true, it typically is!
See, some home builders ‘conceal’ their extra costs and do not offer you fixed upfront ‘costs’. Suggesting that ‘quote’ they just gave you, will most certainly NOT be the total amount you have to pay.
Which’s when you should be asking yourself, why?
If you’re being sold any house and land packages that are 10s of thousands of dollars less expensive than other comparable homes you‘ve taken a look at … there is most likely a great reason why.
Most of the time it’s since you’re missing out on extras 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 make up their original price gap.
We hear a lot of horror stories from first house buyers that get a little bit too excited and sadly didn’t do enough due diligence before parting with their hard-earned cash.
Rahul was among them. He approached us after using his entire $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 low-cost price, however he ‘d really paid more than what it was valued at and truly didn’t require to turn over a 10% deposit either).
Sara, sadly, approached us after she ‘d already signed agreements with a big builder and paid her deposit, just to later on be hit with an additional $35,000 in ‘unanticipated’ expenses (for extras she thought were inclusive in the initial quote) and had no thought of how she ‘d cover the costs.
Thankfully, with Rahul, one of our new house build professionals were able to assist him find a home 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 again with another Company and losing the deposit she ‘d previously paid wasn’t a choice. So she ended up having to finance the extra $35,000 from her mum and dad and chalk it up to one of lifes lessons.
Rahul and Sara are just some of the numerous first house buyers that find themselves in a truly difficult scenario since they‘ve decided (and parted with a lot of money) without having all the details and support from professionals, that they required.
And we really do not want that to happen to you!
That’s why we began the First Home Buyer Accelerator to guide first-time purchasers through the entire procedure so you do not make any of the pricey and typical errors we see far too often.
It’s their role to ask all of those concerns that Rahul and Sara should have asked. It’s their role to find you the very best deal and it’s their role to ensure you move into your first house pleased and ecstatic.
Picture having peace of mind that when you do find your perfect first house, you understand you’re making the best choice.
In just a fast 10 minute call, you’ll get to talk with one of our professionals before you deciding you might later on regret and you’ll also learn right away if you qualify for help finding, buying and building your 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.