We understand it’s a really thrilling time purchasing and building your first home, nevertheless, it doesn’t always wind up that like that for many first time home purchasers.
A lot of times we see people wasting hundreds of thousands of dollars on a brand-new home & land package due to the fact that they thought they were getting themselves a good deal.
However keep in mind, if it sounds too great to be true, it usually is!
See, some builders ‘conceal’ their additional charges and do not provide you fixed upfront ‘quotes’. Suggesting that ‘quote’ they just offered you, will most absolutely NOT be the final amount you have to pay.
And that’s when you should be asking yourself, why?
If you’re being sold any home and land packages that are 10s of thousands of dollars cheaper than other comparable homes you have actually taken a look at … there is most likely a great reason why.
The majority of the time it’s due to the fact that you’re losing out on inclusions that should really come as standard (and they’ll be making you pay for them later), or you’re going to be paying additional for ‘site costs’ so the home builder can make up their original price gap.
We hear a lot of horror stories from first home purchasers that get a little bit too excited and unfortunately didn’t do sufficient due diligence before parting with their hard-earned cash.
Rahul was one of them. He approached us after using his entire $25,000 deposit to lock in a block of land that no builder wanted to develop on (plus the worst part was, he thought he ‘d got himself an inexpensive cost, but he ‘d actually paid more than what it was worth and truly didn’t require to turn over a 10% deposit either).
Sara, unfortunately, contacted us after she ‘d just signed contracts with a well known builder and paid her deposit, just to later be hit with an extra $35,000 in ‘unanticipated’ costs (for items she thought were inclusive in the initial quote) and had no thought of how she ‘d cover the costs.
Thankfully, with Rahul, among our brand-new home experts were able to assist him find a 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 far too late. Beginning once again with another home builder and losing the deposit she had actually already paid wasn’t a choice. 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 just some of the many first home purchasers that find themselves in a really confronting scenario due to the fact that they have actually decided (and parted with a lot of money) without having all the information and assistance from experts, that they required.
And we really do not want that to happen to you!
That’s why we started the First Home Buyer Accelerator to guide novice purchasers through the entire process so you do not make any of the costly and typical errors we see far frequently.
It’s their job to ask all of those concerns that Rahul and Sara should have asked. It’s their job to find you the very best offer and it’s their job to make sure you move into your first home pleased and thrilled.
Think of having comfort that when you do find your perfect first home, you understand you’re making the best choice.
In just a fast 10 minute call, you’ll get to speak with one of our experts before you making a decision you may later 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.