We know it’s a very amazing time buying and building your very first home, nevertheless, it doesn’t constantly end up that like that for many first time home buyers.
Too many times we see people squandering hundreds of thousands of their hard earned money on a new house & land bundle because they believed they were getting themselves a great deal.
But remember, if it sounds too great to be true, it usually is!
See, some builders ‘hide’ their additional costs and don’t provide you fixed upfront ‘costs’. Meaning that ‘quote’ they just provided you, will most certainly NOT be the total cost you have to pay.
And that’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 cheaper than other comparable houses you have actually looked at … there is most likely a great reason why.
The majority of the time it’s because you’re losing 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 additional for ‘site costs’ so the contractor can make up their original price shortfall.
We hear a great deal of scary stories from very first home buyers that get a bit too fired up and regrettably didn’t do adequate due diligence before parting with their hard-earned money.
Rahul was among them. He came to us after using his entire $25,000 deposit to lock in a block of land that no builder wanted to construct a house on (plus the worst part was, he believed he ‘d got himself a low-cost cost, however he ‘d really paid more than what it was valued at and really didn’t need to turn over a 10% deposit either).
Sara, regrettably, contacted us after she ‘d already signed agreements with a big builder and paid her deposit, only to later be hit with an additional $35,000 in ‘unexpected’ costs (for items she believed were inclusive in the original quote) and had no thought of how she ‘d cover the costs.
Luckily, with Rahul, one of our new home build professionals had the ability to help 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.
But, with Sara, it was too late. Beginning again with another home builder and losing the deposit she ‘d previously paid wasn’t an option. So she wound up needing to finance the additional $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 numerous very first home buyers that discover themselves in a really confronting circumstance because they have actually decided (and parted with a great deal of money) without having all the details and assistance from professionals, that they needed.
And we really don’t wish that to occur to you!
That’s why we began the First Home Buyer Accelerator to guide first-time purchasers through the entire process so you don’t make any of the expensive and common mistakes we see far frequently.
It’s their role to ask all of those questions that Rahul and Sara should have asked. It’s their role to find you the very best deal and it’s their role to ensure you move into your very first home delighted and excited.
Think of having peace of mind that when you do find your ideal very first home, you know you’re making the ideal decision.
In just a fast 10 minute call, you’ll get to speak with one of our professionals before you making a decision you might later regret and you’ll also discover instantly if you qualify for help 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.