We understand it’s an extremely thrilling time buying and building your very first home, however, it does not always end up that way for a good deal of first time home purchasers.
A lot of times we see people wasting hundreds of thousands of their hard earned money on a new house & land bundle due to the fact that they believed they were getting themselves a great deal.
However remember, if it sounds too good to be real, it generally is!
See, some Companies ‘conceal’ their additional costs and do not offer you fixed upfront ‘quotes’. Suggesting that ‘quote’ they just offered you, will most certainly NOT be the total amount you have to pay.
Which’s when you should be asking yourself, why?
If you’re being offered any home and land packages that are tens of thousands of dollars less expensive than other similar 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 need to really 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 builder can make up their original price gap.
We hear a great deal of horror stories from very first home purchasers that get a little bit too excited and unfortunately didn’t do adequate research prior to parting with their hard-earned money.
Rahul was one of them. He came to us after using his entire $25,000 deposit to secure a block of land that no home builder wished to develop on (plus the worst part was, he believed he ‘d got himself a cheap price, but he ‘d in fact paid more than what it was valued at and actually didn’t require to turn over a 10% deposit either).
Sara, unfortunately, contacted us after she ‘d already signed contracts with a well known home builder and paid her deposit, only to later on be hit with an additional $35,000 in ‘unanticipated’ costs (for items she believed were included in the initial quote) and had no idea how she ‘d pay for them.
Thankfully, with Rahul, among our new home professionals were able to help him find a 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 Company and losing the deposit she had actually already paid wasn’t an option. So she ended up having to borrow the additional $35,000 from her parents and chalk it up to one of lifes lessons.
Rahul and Sara are just a few of the many very first home purchasers that find themselves in a really difficult circumstance due to the fact that they have actually made a decision (and parted with a great deal of money) without having all the information and support from professionals, that they needed.
And we honestly do not want that to occur to you!
That’s why we started the First Home Buyer Accelerator to assist novice new home buyers through the entire process so you do not make any of the costly and common errors we see far too often.
It’s their role to ask all of those concerns that Rahul and Sara should have asked. It’s their role to locate you the best deal and it’s their role to make sure you move into your very first home happy and excited.
Imagine having comfort that when you do locate your ideal very first home, you know you’re making the right decision.
In just a quick 10 minute call, you’ll get to talk with one of our professionals prior to you deciding you may later on regret and you’ll also discover right away if you qualify for assistance finding, buying and building your new very 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.