We know it’s a really amazing time purchasing and building your first house, nevertheless, it doesn’t always wind up that like that for many first time house buyers.
A lot of times we see people losing hundreds of thousands of their hard earned money on a new home & land package because they thought they were getting themselves a good deal.
But remember, if it sounds too great to be true, it generally is!
See, some Companies ‘hide’ their additional fees and do not provide you fixed upfront ‘costs’. Meaning that ‘quote’ they just offered you, will most definitely NOT be the total amount you need to pay.
Which’s when you should be asking yourself, why?
If you’re being sold any house and land packages that are 10s of thousands of dollars less expensive than other similar homes you have actually looked at … there is most likely an excellent reason why.
The majority of the time it’s because you’re losing out on inclusions that must 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 expenses’ so the builder 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 fired up and sadly didn’t do adequate due diligence before parting with their hard-earned money.
Rahul was among them. He came to us after using his whole $25,000 deposit to lock in a block of land that no Company wished to construct a house on (plus the worst part was, he thought he ‘d got himself a cheap cost, however he ‘d actually paid more than what it was valued at and truly didn’t need to hand over a 10% deposit either).
Sara, sadly, came to us after she ‘d just signed agreements with a well known Company and paid her deposit, only to later on be struck with an extra $35,000 in ‘unforeseen’ expenses (for extras she thought were inclusive in the original quote) and had no idea how she ‘d cover the costs.
Fortunately, with Rahul, one of our new house build professionals were able to help him discover 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.
But, with Sara, it was far too late. Beginning again with another Company and losing the deposit she ‘d previously paid wasn’t an option. So she ended up having to finance the additional $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 discover themselves in a truly confronting circumstance because they have actually made a decision (and parted with a great deal of cash) without having all the details and support from professionals, that they needed.
And we truly do not want that to occur to you!
That’s why we started the First Home Buyer Accelerator to assist first-time new home buyers through the whole procedure so you do not make any of the costly and common mistakes 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 find you the best offer and it’s their job to make sure you move into your first house pleased and thrilled.
Picture having assurance that when you do find your perfect first house, you understand you’re making the ideal choice.
In just a fast 10 minute call, you’ll get to speak to one of our professionals before you deciding you might later on regret and you’ll also find out immediately if you receive help 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.