We know it’s a really amazing time purchasing and building your very first home, nevertheless, it does not constantly wind up that way for a good deal of first time home buyers.
A lot of times we see people losing hundreds of thousands of their hard earned money on a new home & land package due to the fact that they thought they were getting themselves a good deal.
However remember, if it sounds too good to be true, it usually is!
See, some home builders ‘hide’ their extra charges and do not offer you fixed upfront ‘costs’. Indicating that ‘quote’ they just provided you, will most certainly NOT be the final cost you need to pay.
Which’s when you should be asking yourself, why?
If you’re being offered any home and land packages that are 10s of thousands of dollars less expensive than other comparable houses you have actually looked at … there is most likely an excellent reason why.
The majority of the time it’s due to the fact that you’re missing out on extras 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 home builder can make up their original price shortfall.
We hear a great deal of scary stories from very first home buyers that get a little bit too excited and sadly didn’t do sufficient research prior to parting with their hard-earned money.
Rahul was one of them. He approached us after spending his whole $25,000 deposit to lock in a block of land that no builder wished to build on (plus the worst part was, he thought he ‘d got himself an inexpensive rate, but he ‘d actually paid more than what it was worth and truly didn’t require to turn over a 10% deposit either).
Sara, sadly, came to us after she ‘d already signed agreements with a well known builder and paid her deposit, only to later on be struck with an additional $35,000 in ‘unanticipated’ expenses (for extras she thought were included in the original quote) and had no idea how she ‘d cover the costs.
Fortunately, with Rahul, one of our new home build specialists were able to assist him find a home builder that specialised in working 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 again with another Company and losing the deposit she had actually previously paid wasn’t an option. So she wound 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 just a few of the many very first home buyers that find themselves in a truly stressful scenario due to the fact that they have actually made a decision (and parted with a great deal of money) without having all the info and support from specialists, that they needed.
And we honestly do not want that to happen to you!
That’s why we began the First Home Buyer Accelerator to direct novice new home buyers through the whole process so you do not make any of the expensive and typical errors 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 find you the best offer and it’s their role to make certain you move into your very first home happy and excited.
Think of having assurance that when you do find your perfect very first home, you understand you’re making the right choice.
In just a quick 10 minute call, you’ll get to speak to one of our specialists prior to you deciding you might later on regret and you’ll also learn instantly if you get approved for help finding, purchasing and building your new very 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.