We understand it’s an extremely thrilling time purchasing and building your first home, nevertheless, it does not always end up that way for many first time home buyers.
A lot of times we see people squandering hundreds of thousands of dollars on a brand-new home & land bundle since they believed they were getting themselves a good deal.
However remember, if it sounds too good to be true, it typically is!
See, some Companies ‘hide’ their extra charges and don’t offer you fixed upfront ‘costs’. Meaning that ‘quote’ they just gave you, will most certainly NOT be the total cost you need to pay.
And that’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 similar homes you‘ve looked at … there is most likely a great reason why.
The majority of the time it’s since you’re losing out on inclusions 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 home builder can make up their original price gap.
We hear a great deal of horror stories from first home buyers that get a bit too excited and regrettably didn’t do adequate due diligence before parting with their hard-earned money.
Rahul was among them. He came to us after spending his entire $25,000 deposit to secure a block of land that no home builder wished to develop on (plus the worst part was, he believed he ‘d got himself a cheap rate, but he ‘d in fact paid more than what it was worth and actually didn’t require to turn over a 10% deposit either).
Sara, regrettably, approached us after she ‘d already signed contracts with a big home builder and paid her deposit, only to later on be hit with an additional $35,000 in ‘unanticipated’ costs (for items she believed were inclusive in the initial quote) and had no thought of how she ‘d cover the costs.
Fortunately, with Rahul, among our brand-new home experts had the ability to assist him find a home builder that specialised in working on smaller sized narrow blocks of land and wasn’t going to charge him a fortune to do so.
However, with Sara, it was far too late. Beginning again with another Company and losing the deposit she had actually already paid wasn’t an alternative. So she ended up having to finance the extra $35,000 from her parents and chalk it up to one of those lifes lessons.
Rahul and Sara are just a few of the many first home buyers that find themselves in a really stressful situation since they‘ve decided (and parted with a great deal of money) without having all the info and help from experts, that they needed.
And we really don’t want that to happen to you!
That’s why we started the First Home Buyer Accelerator to direct novice new home buyers through the entire procedure so you don’t make any of the costly and typical errors we see far frequently.
It’s their role to ask all of those concerns that Rahul and Sara ought to have asked. It’s their role to find you the very best deal and it’s their role to make certain you move into your first home delighted and thrilled.
Think of having comfort that when you do find your perfect first home, you know you’re making the ideal choice.
In just a fast 10 minute call, you’ll get to consult with one of our experts before you deciding you might later on regret and you’ll also learn immediately if you receive help finding, purchasing 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.