We know it’s a very thrilling time purchasing and building your first home, nevertheless, it does not always end up that like that for many first time home buyers.
A lot of times we see individuals wasting hundreds of thousands of their hard earned money on a brand-new home & land package due to the fact that they believed they were getting themselves a great deal.
But remember, if it sounds too great to be true, it normally is!
See, some Companies ‘conceal’ their extra charges and do not give you fixed upfront ‘costs’. Indicating that ‘quote’ they simply gave you, will most absolutely NOT be the final amount you need to pay.
And that’s when you should be asking yourself, why?
If you’re being offered any home and land packages that are 10s of thousands of dollars less expensive than other similar houses you‘ve looked at … there is probably a good reason why.
The majority of the time it’s due to the fact that you’re losing out on extras that need to really come as standard (and they’ll be making you pay for them later), or you’re going to be paying extra for ‘site costs’ so the home builder can catch up their original price shortfall.
We hear a great deal of horror stories from first home buyers that get a little bit too excited and unfortunately didn’t do enough research before parting with their hard-earned cash.
Rahul was among them. He came to us after using his entire $25,000 deposit to secure a block of land that no Company wanted to build on (plus the worst part was, he believed he ‘d got himself a cheap rate, however he ‘d in fact paid more than what it was valued at and really didn’t need to hand over a 10% deposit either).
Sara, unfortunately, contacted us after she ‘d already signed agreements with a well known Company and paid her deposit, only to later be struck with an additional $35,000 in ‘unforeseen’ costs (for extras she believed were inclusive in the original quote) and had no thought of how she ‘d pay for them.
Thankfully, with Rahul, among our brand-new home specialists had the ability to help him find a home builder that specialised in building 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. Starting again with another home builder and losing the deposit she had actually already paid wasn’t an option. 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 simply a few of the many first home buyers that find themselves in a really stressful situation due to the fact that they‘ve made a decision (and parted with a great deal of savings) without having all the information and support from specialists, that they required.
And we truly do not wish that to happen to you!
That’s why we started the First Home Buyer Accelerator to guide novice new home buyers through the entire 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 ought to have asked. It’s their job to find you the best deal and it’s their job to ensure you move into your first home happy and ecstatic.
Picture having comfort that when you do find your ideal first home, you know you’re making the ideal choice.
In simply a quick 10 minute call, you’ll get to talk with one of our specialists before you deciding you may later regret and you’ll also discover right away if you receive assistance 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.