We understand it’s a very thrilling time buying and building your first house, nevertheless, it doesn’t constantly end up that like that for a good deal of first time house buyers.
A lot of times we see individuals wasting hundreds of thousands of their hard earned money on a brand-new house & land bundle since they believed they were getting themselves a good deal.
However keep in mind, if it sounds too great to be real, it generally is!
See, some builders ‘conceal’ their additional costs and do not give you fixed upfront ‘costs’. Suggesting that ‘quote’ they just offered you, will most definitely 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 tens of thousands of dollars less expensive than other similar houses you‘ve taken a look at … there is most likely a great reason why.
The majority of the time it’s since you’re missing 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 additional for ‘site costs’ so the home builder can catch up their original price shortfall.
We hear a great deal of scary stories from first house buyers that get a bit too fired up and unfortunately didn’t do sufficient due diligence prior to parting with their hard-earned money.
Rahul was one of them. He came to us after spending his whole $25,000 deposit to lock in a block of land that no home builder wished to construct a house on (plus the worst part was, he believed he ‘d got himself an inexpensive rate, but he ‘d really paid more than what it was valued at and truly didn’t require to hand over a 10% deposit either).
Sara, unfortunately, came to us after she ‘d just signed agreements with a well known home builder and paid her deposit, just to later on be hit with an additional $35,000 in ‘unexpected’ costs (for extras she believed were inclusive in the original quote) and had no idea how she ‘d pay for them.
Thankfully, with Rahul, among our brand-new house build specialists were able to assist him discover 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.
However, with Sara, it was far too late. Starting again with another Company and losing the deposit she ‘d previously paid wasn’t an option. So she ended up needing to finance the additional $35,000 from her parents and chalk it up to one of those lifes lessons.
Rahul and Sara are just some of the numerous first house buyers that discover themselves in a truly difficult scenario since they‘ve made a decision (and parted with a great deal of savings) without having all the info and help from specialists, that they needed.
And we truly do not want that to occur to you!
That’s why we started the First Home Buyer Accelerator to direct first-time new home buyers through the whole procedure so you do not make any of the costly and common mistakes 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 house delighted and thrilled.
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 quick 10 minute call, you’ll get to talk to one of our specialists prior to you deciding you may later on regret and you’ll also find out immediately if you receive assistance finding, buying and building your brand-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.