We understand it’s an extremely exciting time buying and building your first home, nevertheless, it does not constantly end up that way for a good deal of first home buyers.
A lot of times we see individuals squandering hundreds of thousands of their hard earned money on a brand-new home & land bundle because they believed they were getting themselves a good deal.
However remember, if it sounds too great to be true, it usually is!
See, some home builders ‘hide’ their extra fees and do not offer you fixed upfront ‘quotes’. Suggesting that ‘quote’ they simply gave you, will most absolutely NOT be the total cost you need 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 less expensive than other similar homes you‘ve taken a look at … there is probably a great reason why.
The majority of the time it’s because you’re missing out on extras that need to actually come as standard (and they’ll be making you pay for them later on), or you’re going to be paying extra for ‘site expenses’ so the contractor can catch up their original price shortfall.
We hear a lot of scary stories from first home buyers that get a bit too excited and unfortunately didn’t do sufficient due diligence prior to parting with their hard-earned money.
Rahul was one of them. He came to us after using his whole $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 cost, but he ‘d really paid more than what it was valued at and really didn’t need to hand over a 10% deposit either).
Sara, unfortunately, came to us after she ‘d just signed contracts with a well known Company and paid her deposit, just to later on be hit with an additional $35,000 in ‘unforeseen’ expenses (for items she believed were inclusive in the initial quote) and had no thought of how she ‘d pay for them.
Thankfully, with Rahul, one of our brand-new home land professionals were able to assist him discover a home builder that specialised in building on smaller narrow blocks of land and wasn’t going to charge him a fortune to do so.
However, with Sara, it was far too late. Starting again with another builder and losing the deposit she had actually previously paid wasn’t a choice. So she ended up having to borrow the extra $35,000 from her mum and dad and chalk it up to one of those lifes lessons.
Rahul and Sara are simply some of the numerous first home buyers that discover themselves in a truly stressful situation because they‘ve decided (and parted with a lot of cash) without having all the info and help from professionals, that they needed.
And we honestly do not wish that to happen to you!
That’s why we started the First Home Buyer Accelerator to assist first-time new home buyers through the whole process so you do not make any of the pricey and common mistakes we see far frequently.
It’s their role to ask all of those concerns that Rahul and Sara ought to have asked. It’s their role to locate you the best offer and it’s their role to ensure you move into your first home pleased and excited.
Think of having comfort that when you do locate your best first home, you understand you’re making the ideal 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 may later on regret and you’ll also discover right away if you receive help finding, buying 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.