We know it’s a very thrilling time purchasing and building your very first home, nevertheless, it does not constantly wind up that way for many first time home buyers.
Too many times we see people wasting hundreds of thousands of their hard earned money on a brand-new house & land package since they thought they were getting themselves a good deal.
However keep in mind, if it sounds too good to be real, it generally is!
See, some builders ‘hide’ their extra costs and don’t provide you fixed upfront ‘costs’. Suggesting that ‘quote’ they simply offered you, will most absolutely 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 tens of thousands of dollars cheaper than other similar homes you‘ve taken a look at … there is most likely a great reason why.
Most of the time it’s since you’re missing out on inclusions that should really come as standard (and they’ll be making you pay for them later), or you’re going to be paying extra for ‘site expenses’ so the home builder can catch up their original price gap.
We hear a great deal of horror stories from very first home buyers that get a little bit too excited and sadly didn’t do sufficient due diligence prior to parting with their hard-earned cash.
Rahul was among them. He came to us after spending his whole $25,000 deposit to lock in a block of land that no Company wished to build on (plus the worst part was, he thought he ‘d got himself a cheap cost, however he ‘d actually paid more than what it was worth and truly 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, only to later be struck with an additional $35,000 in ‘unanticipated’ expenses (for extras she thought were inclusive in the original quote) and had no idea how she ‘d pay for them.
Fortunately, with Rahul, among our brand-new home build experts were able to assist him discover a home 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 builder and losing the deposit she had actually previously paid wasn’t an alternative. So she wound up having to finance the extra $35,000 from her parents and chalk it up to one of those lifes lessons.
Rahul and Sara are simply some of the many very first home buyers that discover themselves in a really stressful situation since they‘ve made a decision (and parted with a great deal of savings) without having all the information and help from experts, that they needed.
And we honestly don’t wish that to occur to you!
That’s why we began the First Home Buyer Accelerator to guide novice purchasers through the whole procedure so you don’t make any of the expensive and common mistakes we see far frequently.
It’s their job to ask all of those concerns that Rahul and Sara should have asked. It’s their job to locate you the very best offer and it’s their job to make sure you move into your very first home happy and excited.
Imagine having assurance that when you do locate your best very first home, you understand you’re making the ideal decision.
In simply a fast 10 minute call, you’ll get to talk to one of our experts prior to you making a decision you might later regret and you’ll also learn instantly if you qualify for assistance finding, purchasing and building your brand-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.