We know it’s a really thrilling time buying and building your first house, nevertheless, it doesn’t always wind up that like that for a good deal of first house purchasers.
Too many times we see individuals wasting hundreds of thousands of their hard earned money on a brand-new home & land package because they believed they were getting themselves a good deal.
However keep in mind, if it sounds too great to be real, it normally is!
See, some home builders ‘hide’ their additional fees and don’t offer you fixed upfront ‘costs’. Indicating that ‘quote’ they just provided you, will most certainly NOT be the total amount you need to pay.
Which’s when you should be asking yourself, why?
If you’re being offered any house and land packages that are tens of thousands of dollars less expensive than other similar homes you have actually looked at … there is probably a great reason why.
The majority of the time it’s because you’re losing out on inclusions that ought to actually 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 scary stories from first house purchasers that get a bit too excited and sadly didn’t do enough due diligence prior to parting with their hard-earned cash.
Rahul was one of them. He came to us after using his whole $25,000 deposit to secure a block of land that no Company wanted to construct a house on (plus the worst part was, he believed he ‘d got himself a low-cost cost, however he ‘d really paid more than what it was worth and actually didn’t need to turn over a 10% deposit either).
Sara, sadly, came to us after she ‘d already signed contracts with a big Company and paid her deposit, just to later on be hit with an extra $35,000 in ‘unforeseen’ costs (for items she believed were inclusive in the original quote) and had no idea how she ‘d cover the costs.
Fortunately, with Rahul, among our brand-new house build experts were able to help him discover a builder that specialised in building on smaller 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 ‘d already paid wasn’t an option. So she wound 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 a few of the many first house purchasers that discover themselves in a really difficult scenario because they have actually made a decision (and parted with a lot of money) without having all the information and assistance from experts, that they required.
And we really don’t wish that to occur to you!
That’s why we started the First Home Buyer Accelerator to guide first-time new home buyers through the whole procedure so you don’t make any of the expensive 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 locate you the best offer and it’s their role to make sure you move into your first house delighted and proud.
Imagine having comfort that when you do locate your perfect first house, you understand you’re making the best choice.
In just a quick 10 minute call, you’ll get to talk with one of our experts prior to you deciding you may later on regret and you’ll also find out instantly if you get approved for assistance finding, buying and building your brand-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.