We know it’s an extremely exciting time buying and building your first house, however, it doesn’t constantly wind up that way for a good deal of first house purchasers.
A lot of times we see individuals losing hundreds of thousands of dollars on a new home & land package due to the fact that they thought they were getting themselves a great deal.
However keep in mind, if it sounds too good to be real, it normally is!
See, some Companies ‘conceal’ their additional charges and do not give you fixed upfront ‘costs’. Suggesting that ‘quote’ they simply offered you, will most absolutely NOT be the final cost you need to pay.
Which’s when you should be asking yourself, why?
If you’re being offered any house and land packages that are tens of thousands of dollars cheaper than other similar homes you‘ve looked at … there is most likely a good reason why.
Most of the time it’s due to the fact that you’re losing 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 additional for ‘site costs’ so the builder can make up their original price gap.
We hear a great deal of scary stories from first house purchasers that get a little bit too fired up and regrettably didn’t do enough due diligence prior to parting with their hard-earned cash.
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 low-cost cost, however he ‘d in fact paid more than what it was valued at and truly didn’t require to hand over a 10% deposit either).
Sara, regrettably, came to us after she ‘d just signed contracts with a big home builder and paid her deposit, just to later on be hit with an additional $35,000 in ‘unanticipated’ costs (for items she thought were inclusive in the initial quote) and had no thought of how she ‘d pay for them.
Fortunately, with Rahul, among our new house land experts were able 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.
But, with Sara, it was far too late. Starting once again with another home builder and losing the deposit she ‘d already paid wasn’t a choice. So she ended up needing to finance the additional $35,000 from her mum and dad and chalk it up to one of those lifes lessons.
Rahul and Sara are simply a few of the numerous first house purchasers that find themselves in a really difficult scenario due to the fact that they‘ve made a decision (and parted with a great deal of cash) without having all the details and assistance from experts, that they required.
And we honestly do not wish that to occur to you!
That’s why we began the First Home Buyer Accelerator to assist first-time new home buyers through the entire procedure so you do not make any of the pricey and common errors we see far frequently.
It’s their job to ask all of those concerns that Rahul and Sara should have asked. It’s their job to locate you the best offer and it’s their job to make sure you move into your first house pleased and proud.
Picture having comfort that when you do locate your ideal first house, you understand you’re making the best choice.
In simply a fast 10 minute call, you’ll get to consult with one of our experts prior to you deciding you may later on regret and you’ll also find out instantly if you get approved for assistance finding, buying 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.