We know it’s a really exciting time buying and building your first house, however, it does not always end up that way for many first time house buyers.
A lot of times we see people wasting hundreds of thousands of dollars on a brand-new house & land package since they believed they were getting themselves a good deal.
However remember, if it sounds too great to be real, it normally is!
See, some home builders ‘hide’ their extra costs and do not offer you fixed upfront ‘costs’. Indicating that ‘quote’ they just gave you, will most absolutely NOT be the final cost you have to pay.
And that’s when you should be asking yourself, why?
If you’re being offered any house and land packages that are tens of thousands of dollars less expensive than other similar homes you‘ve looked at … there is most likely an excellent reason why.
The majority of the time it’s since you’re missing out on extras that should 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 builder can make up their original price gap.
We hear a great deal of scary stories from first house buyers that get a little bit too excited and sadly didn’t do enough research prior to parting with their hard-earned cash.
Rahul was one of them. He came to us after using his whole $25,000 deposit to lock in a block of land that no builder wished to develop on (plus the worst part was, he believed he ‘d got himself a cheap price, but he ‘d actually paid more than what it was valued at and truly didn’t need to hand over a 10% deposit either).
Sara, sadly, approached us after she ‘d already signed agreements with a well known builder and paid her deposit, only to later be hit with an extra $35,000 in ‘unanticipated’ costs (for items she believed were inclusive in the initial quote) and had no thought of how she ‘d cover the costs.
Thankfully, with Rahul, among our brand-new house land professionals were able to assist him discover a home builder that specialised in working on smaller 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 ‘d already 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 those lifes lessons.
Rahul and Sara are just a few of the many first house buyers that discover themselves in a truly difficult situation since they‘ve decided (and parted with a great deal of money) without having all the info and assistance from professionals, that they needed.
And we really do not want that to occur to you!
That’s why we began the First Home Buyer Accelerator to assist novice new home buyers through the whole process so you do not make any of the expensive and common 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 deal and it’s their job to make certain you move into your first house delighted and proud.
Think of having comfort that when you do locate your ideal first house, you know you’re making the right choice.
In just a fast 10 minute call, you’ll get to talk with one of our professionals prior to you deciding you might later regret and you’ll also discover immediately if you qualify for 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.