We know it’s a very exciting time purchasing and building your first home, however, it does not constantly wind up that like that for a good deal of first time home purchasers.
A lot of times we see people losing hundreds of thousands of their hard earned money on a brand-new house & land bundle due to the fact that they believed they were getting themselves a great deal.
However keep in mind, if it sounds too good to be real, it generally is!
See, some home builders ‘hide’ their extra charges and do not provide you fixed upfront ‘quotes’. Meaning that ‘quote’ they simply offered you, will most certainly NOT be the final cost you have to pay.
And that’s when you should be asking yourself, why?
If you’re being offered any home and land packages that are tens of thousands of dollars less expensive than other similar homes you have actually taken a look at … there is most likely a good reason why.
Most of the time it’s due to the fact that you’re losing out on inclusions that should 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 gap.
We hear a lot of scary stories from first home purchasers that get a bit too excited and sadly didn’t do adequate due diligence before parting with their hard-earned cash.
Rahul was among 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 believed he ‘d got himself a low-cost rate, but 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, sadly, approached us after she ‘d already signed contracts with a well known home builder and paid her deposit, only to later on be struck with an additional $35,000 in ‘unexpected’ expenses (for items she believed were inclusive in the initial quote) and had no thought of how she ‘d cover the costs.
Luckily, with Rahul, among our brand-new home land professionals were able to help him find a home builder that specialised in working on smaller narrow blocks of land and wasn’t going to charge him a fortune to do so.
However, with Sara, it was too late. Starting again with another Company and losing the deposit she had actually previously paid wasn’t an option. So she ended up needing to borrow the extra $35,000 from her parents and chalk it up to one of those lifes lessons.
Rahul and Sara are simply a few of the many first home purchasers that find themselves in a really stressful situation due to the fact that they have actually decided (and parted with a lot of cash) without having all the details and support from professionals, that they required.
And we really do not want that to happen to you!
That’s why we started the First Home Buyer Accelerator to guide first-time new home buyers through the entire process so you do not make any of the costly and common mistakes we see far too often.
It’s their role to ask all of those concerns that Rahul and Sara should have asked. It’s their role to find you the best deal and it’s their role to ensure you move into your first home delighted and ecstatic.
Think of having assurance that when you do find your best first home, you know you’re making the ideal choice.
In simply a fast 10 minute call, you’ll get to talk to one of our professionals before you deciding you may later on regret and you’ll also find out immediately if you get approved for help finding, purchasing 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.