We understand it’s a really exciting time buying and building your first house, however, it doesn’t always wind up that way for a good deal of first time house buyers.
A lot of times we see people losing hundreds of thousands of dollars on a new house & land package since they believed they were getting themselves a great deal.
However remember, if it sounds too good to be true, it normally is!
See, some builders ‘hide’ their additional costs and do not offer you fixed upfront ‘quotes’. Indicating that ‘quote’ they just gave you, will most certainly NOT be the final 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 less expensive than other similar houses you‘ve taken a look at … there is most likely a great reason why.
The majority of the time it’s since you’re missing out on inclusions that ought 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 home builder can catch up their original price shortfall.
We hear a lot of horror stories from first house buyers that get a bit too excited and sadly didn’t do adequate due diligence prior to parting with their hard-earned cash.
Rahul was one of them. He approached us after spending his entire $25,000 deposit to lock in a block of land that no builder wished to build on (plus the worst part was, he believed he ‘d got himself a low-cost rate, but he ‘d in fact paid more than what it was worth and truly didn’t require to hand over a 10% deposit either).
Sara, sadly, came to us after she ‘d just signed agreements with a well known builder and paid her deposit, just to later on be hit with an additional $35,000 in ‘unexpected’ costs (for extras she believed were included in the initial quote) and had no idea how she ‘d cover the costs.
Luckily, with Rahul, among our new house experts had the ability to assist him discover 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.
However, with Sara, it was far too late. Starting once again with another home builder and losing the deposit she had actually previously paid wasn’t a choice. So she ended up having to finance the additional $35,000 from her parents and chalk it up to one of those lifes lessons.
Rahul and Sara are just some of the many first house buyers that discover themselves in a really stressful situation since they‘ve decided (and parted with a lot of savings) without having all the information and assistance from experts, that they required.
And we honestly do not wish that to occur to you!
That’s why we started the First Home Buyer Accelerator to direct novice purchasers through the entire process so you do not make any of the costly and common errors we see far too often.
It’s their job to ask all of those questions that Rahul and Sara ought to have asked. It’s their job to find you the best offer and it’s their job to make certain you move into your first house happy and ecstatic.
Imagine having assurance that when you do find your perfect first house, you understand you’re making the best decision.
In just a fast 10 minute call, you’ll get to talk with one of our experts prior to you making a decision you may later on regret and you’ll also find out immediately if you receive assistance finding, buying and building your new 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.