We know it’s a very exciting time purchasing and building your first house, however, it doesn’t constantly wind up that way for many first house buyers.
A lot of times we see individuals losing hundreds of thousands of their hard earned money on a new house & land bundle since they thought they were getting themselves a great deal.
However remember, if it sounds too good to be true, it typically is!
See, some builders ‘conceal’ their extra costs and don’t give you fixed upfront ‘costs’. Indicating that ‘quote’ they just gave you, will most absolutely NOT be the total cost you have to pay.
And that’s when you should be asking yourself, why?
If you’re being offered any house and land packages that are 10s of thousands of dollars cheaper than other comparable houses you have actually looked at … there is most likely a great reason why.
The majority of the time it’s since you’re missing out on inclusions that must actually come as standard (and they’ll be making you pay for them later), or you’re going to be paying extra for ‘site expenses’ so the contractor can make up their original price shortfall.
We hear a great deal of horror stories from first house buyers that get a little bit too excited and unfortunately didn’t do adequate due diligence prior to 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 wished to develop on (plus the worst part was, he thought he ‘d got himself a cheap rate, but he ‘d actually paid more than what it was valued at and truly didn’t require to turn over a 10% deposit either).
Sara, unfortunately, came to us after she ‘d just signed contracts with a big home builder and paid her deposit, only to later be struck with an extra $35,000 in ‘unforeseen’ expenses (for extras she thought were included in the initial quote) and had no idea how she ‘d cover the costs.
Fortunately, with Rahul, among our new house professionals were able to help him find 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 far too late. Beginning again with another builder and losing the deposit she ‘d already paid wasn’t a choice. So she ended up needing to borrow the extra $35,000 from her mum and dad and chalk it up to one of lifes lessons.
Rahul and Sara are just some of the many first house buyers that find themselves in a truly difficult scenario since they have actually made a decision (and parted with a great deal of money) without having all the info and support from professionals, that they needed.
And we honestly don’t want that to occur to you!
That’s why we started the First Home Buyer Accelerator to assist novice purchasers through the entire procedure so you don’t make any of the expensive and typical errors we see far frequently.
It’s their job to ask all of those questions that Rahul and Sara should have asked. It’s their job to find you the very best offer and it’s their job to ensure you move into your first house happy and ecstatic.
Think of having peace of mind that when you do find your ideal first house, you understand you’re making the right choice.
In just a fast 10 minute call, you’ll get to speak with one of our professionals prior to you deciding you may later regret and you’ll also discover immediately if you receive assistance finding, purchasing and building your new first house.
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.