We understand it’s a really thrilling time purchasing and building your first home, nevertheless, it does not constantly end up that like that for lots of first home buyers.
A lot of times we see individuals squandering hundreds of thousands of dollars on a new home & land bundle because they thought they were getting themselves a great deal.
However remember, if it sounds too good to be real, it usually is!
See, some home builders ‘conceal’ their additional charges and do not provide you fixed upfront ‘costs’. Indicating that ‘quote’ they simply gave you, will most definitely NOT be the total cost you have 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 comparable houses you‘ve looked at … there is probably an excellent reason why.
The majority of the time it’s because you’re losing out on extras that should actually come as standard (and they’ll be making you pay for them later), or you’re going to be paying additional for ‘site costs’ so the contractor can catch up their original price gap.
We hear a lot of scary stories from first home buyers that get a little bit too excited and sadly didn’t do enough research 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 home builder wished to construct a house on (plus the worst part was, he thought he ‘d got himself a cheap cost, but he ‘d in fact paid more than what it was valued at and really didn’t require to hand over a 10% deposit either).
Sara, sadly, came to us after she ‘d just signed contracts with a big home builder and paid her deposit, only to later be hit with an additional $35,000 in ‘unexpected’ costs (for extras she thought were included in the initial quote) and had no thought of how she ‘d pay for them.
Fortunately, with Rahul, one of our new home land experts had the ability 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.
But, with Sara, it was too late. Starting once again with another builder and losing the deposit she ‘d previously paid wasn’t an option. So she ended up needing to borrow the additional $35,000 from her mum and dad and chalk it up to one of those lifes lessons.
Rahul and Sara are simply a few of the many first home buyers that discover themselves in a truly stressful circumstance because they‘ve decided (and parted with a lot of savings) without having all the information and support from experts, that they needed.
And we truly do not wish that to happen to you!
That’s why we began the First Home Buyer Accelerator to direct first-time new home buyers through the whole process so you do not make any of the pricey and common errors we see far too often.
It’s their role to ask all of those questions 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 first home pleased and thrilled.
Picture having peace of mind that when you do find your perfect first home, you understand you’re making the best decision.
In simply a fast 10 minute call, you’ll get to speak with one of our experts prior to you deciding you may later regret and you’ll also discover instantly if you qualify for assistance 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.