We understand it’s a really thrilling time purchasing and building your first home, however, it doesn’t always end up that way for a good deal of first home purchasers.
A lot of times we see individuals losing hundreds of thousands of their hard earned money on a new home & land bundle because they believed they were getting themselves a great deal.
However keep in mind, if it sounds too great to be true, it normally is!
See, some builders ‘conceal’ their additional costs and do not offer you fixed upfront ‘quotes’. Meaning that ‘quote’ they simply gave you, will most certainly NOT be the final cost you have to pay.
Which’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 similar houses you have actually looked at … there is most likely a great reason why.
Most of the time it’s because you’re losing out on inclusions that should 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 shortfall.
We hear a great deal of horror stories from first home purchasers that get a little bit too excited and unfortunately didn’t do enough due diligence prior to parting with their hard-earned money.
Rahul was one of them. He came to us after spending 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 cheap rate, but he ‘d actually paid more than what it was worth and actually didn’t require to hand over a 10% deposit either).
Sara, unfortunately, contacted us after she ‘d just signed contracts with a well known builder and paid her deposit, only to later on be hit with an extra $35,000 in ‘unanticipated’ costs (for items she believed were inclusive in the original quote) and had no thought of how she ‘d pay for them.
Fortunately, with Rahul, among our new home build specialists had the ability to assist him discover a home 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 too late. Starting once again with another builder and losing the deposit she ‘d previously paid wasn’t an alternative. So she wound up needing to borrow the additional $35,000 from her parents and chalk it up to one of lifes lessons.
Rahul and Sara are simply some of the numerous first home purchasers that discover themselves in a really confronting situation because they have actually decided (and parted with a great deal of savings) without having all the info and assistance from specialists, that they required.
And we truly do not wish that to occur to you!
That’s why we started the First Home Buyer Accelerator to guide first-time purchasers through the entire process so you do not make any of the pricey and common mistakes we see far too often.
It’s their job to ask all of those concerns that Rahul and Sara ought to have asked. It’s their job to find you the very best offer and it’s their job to make certain you move into your first home pleased and excited.
Imagine having assurance that when you do find your best first home, you understand you’re making the best decision.
In simply a fast 10 minute call, you’ll get to consult with one of our specialists prior to you deciding you might later on regret and you’ll also find out instantly if you get approved for assistance finding, purchasing and building your 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.