We know it’s a really thrilling time buying and building your first home, however, it doesn’t always end up that way for lots of first time home purchasers.
Too many times we see individuals losing hundreds of thousands of dollars on a new home & land bundle since they thought they were getting themselves a good deal.
But keep in mind, if it sounds too good to be real, it generally is!
See, some home builders ‘hide’ their additional costs and don’t give you fixed upfront ‘quotes’. Suggesting that ‘quote’ they simply gave you, will most certainly NOT be the final amount 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 have actually looked at … there is probably a great reason why.
Most of the time it’s since you’re losing out on inclusions that ought to really come as standard (and they’ll be making you pay for them later), or you’re going to be paying additional for ‘site expenses’ so the home builder can catch up their original price shortfall.
We hear a lot of horror stories from first home purchasers that get a little bit too excited and regrettably didn’t do enough due diligence prior to parting with their hard-earned cash.
Rahul was among them. He came to us after spending his entire $25,000 deposit to secure a block of land that no builder wanted to develop on (plus the worst part was, he thought he ‘d got himself an inexpensive price, but he ‘d in fact paid more than what it was valued at and actually didn’t need to turn over a 10% deposit either).
Sara, regrettably, approached us after she ‘d already signed contracts with a well known builder and paid her deposit, just to later be hit 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.
Luckily, with Rahul, among our new home land specialists were able to help him find 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 too late. Starting again with another builder and losing the deposit she had actually already paid wasn’t an alternative. So she ended up having to borrow the additional $35,000 from her mum and dad and chalk it up to one of lifes lessons.
Rahul and Sara are simply a few of the many first home purchasers that find themselves in a truly confronting scenario since they have actually made a decision (and parted with a lot of cash) without having all the details and assistance from specialists, that they required.
And we really don’t want that to occur to you!
That’s why we began the First Home Buyer Accelerator to assist novice new home buyers through the entire procedure so you don’t make any of the pricey and typical mistakes we see far frequently.
It’s their role to ask all of those concerns that Rahul and Sara should have asked. It’s their role to find you the best deal and it’s their role to make certain you move into your first home delighted and thrilled.
Imagine having comfort that when you do find your perfect first home, you understand you’re making the right decision.
In simply a fast 10 minute call, you’ll get to speak with one of our specialists prior to you making a decision you might later regret and you’ll also discover right away if you receive assistance 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.