We know it’s a very amazing time buying and building your very first house, however, it does not always end up that way for lots of first time house buyers.
A lot of times we see people wasting hundreds of thousands of dollars on a brand-new house & land package because they thought they were getting themselves a great deal.
However remember, if it sounds too good to be true, it typically is!
See, some builders ‘conceal’ their additional costs and don’t provide you fixed upfront ‘costs’. Indicating that ‘quote’ they just offered 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 house and land packages that are tens of thousands of dollars cheaper than other comparable homes you‘ve looked at … there is most likely a great reason why.
Most of the time it’s because you’re missing out on inclusions 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 expenses’ so the contractor can catch up their original price gap.
We hear a great deal of horror stories from very first house buyers that get a bit too excited and regrettably didn’t do enough due diligence prior to parting with their hard-earned money.
Rahul was one of them. He approached us after spending his entire $25,000 deposit to lock in a block of land that no home builder wanted to develop on (plus the worst part was, he thought he ‘d got himself an inexpensive cost, however he ‘d in fact paid more than what it was valued at and actually didn’t need to turn over a 10% deposit either).
Sara, regrettably, came to us after she ‘d already signed agreements with a well known home builder and paid her deposit, just to later be struck with an extra $35,000 in ‘unanticipated’ expenses (for extras she thought were inclusive in the original quote) and had no thought of how she ‘d pay for them.
Fortunately, with Rahul, among our brand-new house professionals had the ability to assist him find a 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. Starting once again with another builder and losing the deposit she had actually previously paid wasn’t an option. So she wound up having to finance the additional $35,000 from her mum and dad and chalk it up to one of lifes lessons.
Rahul and Sara are just some of the many very first house buyers that find themselves in a truly confronting circumstance because they‘ve made a decision (and parted with a great deal of cash) without having all the information and assistance from professionals, that they needed.
And we honestly don’t wish that to occur to you!
That’s why we began the First Home Buyer Accelerator to direct first-time purchasers through the entire process so you don’t make any of the costly and common errors we see far too often.
It’s their role to ask all of those questions 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 very first house pleased and ecstatic.
Imagine having comfort that when you do locate your best very first house, you know you’re making the best decision.
In just a quick 10 minute call, you’ll get to talk to one of our professionals prior to you making a decision you may later regret and you’ll also find out immediately if you get approved for help finding, buying and building your brand-new very 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.