We understand it’s a really thrilling time buying and building your first home, nevertheless, it doesn’t constantly wind up that like that for lots of first home purchasers.
Too many times we see individuals squandering hundreds of thousands of dollars on a new house & 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 real, it generally is!
See, some home builders ‘conceal’ their additional charges and do not give you fixed upfront ‘costs’. Meaning that ‘quote’ they simply provided you, will most definitely NOT be the final amount you have to pay.
Which’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 less expensive than other comparable homes you‘ve looked at … there is probably a great reason why.
Most of the time it’s due to the fact that you’re losing out on inclusions that should actually come as standard (and they’ll be making you pay for them later), or you’re going to be paying additional for ‘site expenses’ so the builder can make up their original price gap.
We hear a great deal of horror stories from first home purchasers that get a little bit too fired up and regrettably didn’t do enough due diligence prior to parting with their hard-earned money.
Rahul was among them. He approached us after spending his whole $25,000 deposit to secure a block of land that no home builder wanted to construct a house on (plus the worst part was, he thought he ‘d got himself an inexpensive cost, however he ‘d in fact paid more than what it was worth and really didn’t require to hand over a 10% deposit either).
Sara, regrettably, came to us after she ‘d just signed agreements with a well known home builder and paid her deposit, just to later be hit with an extra $35,000 in ‘unanticipated’ expenses (for items she thought were inclusive in the initial quote) and had no idea how she ‘d pay for them.
Fortunately, with Rahul, among our new home build professionals were able to help him discover a 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 too late. Starting again with another builder and losing the deposit she ‘d previously paid wasn’t an alternative. So she wound up having to borrow the additional $35,000 from her parents and chalk it up to one of lifes lessons.
Rahul and Sara are simply some of the many first home purchasers that discover themselves in a truly difficult scenario due to the fact that they‘ve decided (and parted with a great deal of money) without having all the info and assistance from professionals, that they required.
And we honestly do not wish that to occur to you!
That’s why we began the First Home Buyer Accelerator to assist novice purchasers through the whole procedure 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 questions that Rahul and Sara should have asked. It’s their job to locate you the best offer and it’s their job to make certain you move into your first home pleased and ecstatic.
Think of having assurance that when you do locate your ideal first home, you understand you’re making the right choice.
In simply a quick 10 minute call, you’ll get to talk with one of our professionals prior to you making a decision you might later regret and you’ll also find out immediately if you receive help finding, buying and building your 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.