We know it’s a very thrilling time buying and building your first home, however, it does not always wind up that like that for lots of first time home purchasers.
Too many times we see people wasting hundreds of thousands of dollars on a new house & land package due to the fact that they thought they were getting themselves a great deal.
But keep in mind, if it sounds too great to be true, it typically is!
See, some builders ‘conceal’ their extra charges and do not provide you fixed upfront ‘quotes’. Meaning that ‘quote’ they just gave 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 cheaper than other comparable houses you‘ve looked at … there is probably a good reason why.
The majority of the time it’s due to the fact that you’re losing out on extras that must really 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 builder can make up their original price shortfall.
We hear a great deal of horror stories from first home purchasers that get a bit too excited and sadly didn’t do sufficient due diligence before parting with their hard-earned money.
Rahul was among them. He approached us after spending his entire $25,000 deposit to lock in a block of land that no Company wanted to construct a house on (plus the worst part was, he thought he ‘d got himself an inexpensive price, however he ‘d in fact 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 just signed contracts with a well known Company and paid her deposit, just to later on be struck with an additional $35,000 in ‘unexpected’ costs (for items she thought were inclusive in the original quote) and had no thought of how she ‘d cover the costs.
Luckily, with Rahul, among our new home specialists were able to assist him discover a home builder that specialised in building on smaller sized narrow blocks of land and wasn’t going to charge him a fortune to do so.
However, with Sara, it was too late. Starting once again with another Company and losing the deposit she ‘d already paid wasn’t an option. So she ended up having to finance the extra $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 purchasers that discover themselves in a truly difficult circumstance due to the fact that they‘ve decided (and parted with a great deal of money) without having all the details and help from specialists, that they needed.
And we honestly do not wish that to happen to you!
That’s why we started the First Home Buyer Accelerator to assist first-time purchasers through the entire procedure so you do not make any of the expensive and common mistakes we see far frequently.
It’s their role to ask all of those questions that Rahul and Sara should have asked. It’s their role to locate you the very best deal and it’s their role to ensure you move into your first home delighted and thrilled.
Picture having comfort that when you do locate your best first home, you understand you’re making the ideal decision.
In just a quick 10 minute call, you’ll get to consult with one of our specialists before you deciding you may later on regret and you’ll also find out instantly if you get approved for help finding, buying 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.