We know it’s an extremely exciting time purchasing and building your very first house, however, it does not always wind up that like that for a good deal of first time house buyers.
Too many times we see individuals losing hundreds of thousands of their hard earned money on a new house & land package since they believed they were getting themselves a good deal.
But keep in mind, if it sounds too good to be real, it generally is!
See, some builders ‘hide’ their additional fees and do not give you fixed upfront ‘costs’. Meaning that ‘quote’ they just offered you, will most absolutely 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 houses you‘ve taken a look at … there is probably an excellent reason why.
Most of the time it’s since you’re missing out on extras that ought to actually come as standard (and they’ll be making you pay for them later), 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 very 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 cash.
Rahul was among them. He came to us after spending his whole $25,000 deposit to secure a block of land that no Company wished to construct a house on (plus the worst part was, he believed he ‘d got himself a low-cost 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, sadly, came to us after she ‘d already signed agreements with a big Company and paid her deposit, just to later be struck with an extra $35,000 in ‘unforeseen’ costs (for extras she believed were inclusive in the original quote) and had no idea how she ‘d cover the costs.
Fortunately, with Rahul, one of our new house specialists had the ability to assist him discover 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. Starting again with another Company and losing the deposit she had actually already paid wasn’t an alternative. So she wound up needing 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 numerous very first house buyers that discover themselves in a really difficult situation since they‘ve decided (and parted with a great deal of money) without having all the details and help from specialists, that they required.
And we really do not wish that to happen to you!
That’s why we started the First Home Buyer Accelerator to guide first-time purchasers through the whole process so you do not make any of the costly and typical mistakes 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 best deal and it’s their role to ensure you move into your very first house happy and excited.
Imagine having peace of mind that when you do find your ideal very first house, you understand you’re making the best decision.
In just a quick 10 minute call, you’ll get to speak with one of our specialists before you making a decision you may later regret and you’ll also find out right away if you get approved for assistance finding, purchasing and building your new very 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.