We understand it’s an extremely thrilling time purchasing and building your first home, nevertheless, it doesn’t constantly wind up that way for a good deal of first time home buyers.
Too many times we see individuals wasting hundreds of thousands of dollars on a new home & land bundle since they thought they were getting themselves a good deal.
But remember, if it sounds too great to be true, it normally is!
See, some builders ‘conceal’ their additional costs and do not provide you fixed upfront ‘quotes’. Indicating that ‘quote’ they just provided you, will most certainly NOT be the final cost you have to pay.
Which’s when you should be asking yourself, why?
If you’re being sold any home and land packages that are tens of thousands of dollars less expensive than other similar homes you have actually looked at … there is probably an excellent reason why.
Most of the time it’s since you’re missing out on extras that must 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 expenses’ so the builder can make up their original price gap.
We hear a lot of horror stories from first home buyers that get a bit too excited and sadly didn’t do adequate due diligence before parting with their hard-earned money.
Rahul was among them. He approached us after using his whole $25,000 deposit to secure a block of land that no home builder wished to develop on (plus the worst part was, he thought he ‘d got himself a cheap cost, however he ‘d in fact paid more than what it was valued at and really didn’t require to turn over a 10% deposit either).
Sara, sadly, approached us after she ‘d just signed agreements with a big home builder and paid her deposit, only to later on be hit with an extra $35,000 in ‘unexpected’ expenses (for extras she thought were included in the initial quote) and had no idea how she ‘d pay for them.
Fortunately, with Rahul, one of our new home experts were able 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.
But, with Sara, it was far too late. Beginning again with another builder and losing the deposit she had actually previously paid wasn’t an alternative. So she ended up needing to borrow the additional $35,000 from her mum and dad and chalk it up to one of lifes lessons.
Rahul and Sara are just a few of the many first home buyers that discover themselves in a truly confronting circumstance since they have actually decided (and parted with a lot of cash) without having all the information and help from experts, that they required.
And we truly do not want that to happen to you!
That’s why we began the First Home Buyer Accelerator to direct first-time purchasers through the whole process so you do not make any of the pricey and common errors we see far frequently.
It’s their job to ask all of those questions that Rahul and Sara should have asked. It’s their job to find you the best offer and it’s their job to ensure you move into your first home pleased and thrilled.
Think of having comfort that when you do find your perfect first home, you understand you’re making the right decision.
In just a fast 10 minute call, you’ll get to speak with one of our experts before you making a decision you might later on regret and you’ll also find out instantly if you receive help finding, purchasing and building your 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.