We understand it’s a very thrilling time buying and building your first home, however, it doesn’t always end up that way for lots of first time home buyers.
Too many times we see people wasting hundreds of thousands of dollars on a brand-new house & land package since they thought they were getting themselves a good deal.
But keep in mind, if it sounds too good to be true, it typically is!
See, some builders ‘conceal’ their extra costs and don’t provide you fixed upfront ‘quotes’. Indicating that ‘quote’ they just gave you, will most definitely 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 less expensive than other comparable houses you‘ve looked at … there is probably an excellent reason why.
Most of the time it’s since you’re missing out on inclusions that need to 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 costs’ so the home builder can make up their original price gap.
We hear a great deal of scary stories from first home buyers that get a bit too excited and unfortunately didn’t do sufficient research before parting with their hard-earned money.
Rahul was one of them. He came to us after spending his entire $25,000 deposit to lock in a block of land that no home builder wanted to develop on (plus the worst part was, he thought he ‘d got himself a cheap price, but he ‘d actually paid more than what it was valued at and actually didn’t require to hand over a 10% deposit either).
Sara, unfortunately, approached us after she ‘d already signed agreements with a big home builder and paid her deposit, only to later on be hit with an extra $35,000 in ‘unexpected’ costs (for items she thought were inclusive in the original quote) and had no idea how she ‘d pay for them.
Fortunately, with Rahul, one of our brand-new home land professionals had the ability to assist him find a builder that specialised in working on smaller narrow blocks of land and wasn’t going to charge him a fortune to do so.
However, with Sara, it was too late. Starting again with another home builder and losing the deposit she ‘d previously paid wasn’t an option. So she wound up having to borrow the extra $35,000 from her parents and chalk it up to one of lifes lessons.
Rahul and Sara are just some of the numerous first home buyers that find themselves in a truly stressful scenario since they‘ve decided (and parted with a great deal of money) without having all the information and assistance from professionals, that they required.
And we really don’t wish that to happen to you!
That’s why we started the First Home Buyer Accelerator to guide first-time new home buyers through the entire procedure so you don’t make any of the costly and typical mistakes we see far too often.
It’s their job to ask all of those concerns that Rahul and Sara ought to have asked. It’s their job to locate you the best offer and it’s their job to ensure you move into your first home happy and proud.
Imagine having assurance that when you do locate your ideal first home, you understand you’re making the ideal choice.
In just a fast 10 minute call, you’ll get to speak to one of our professionals before you deciding you may later on regret and you’ll also discover right away if you qualify for assistance finding, buying and building your brand-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.