We know it’s a really thrilling time purchasing and building your first house, nevertheless, it does not always wind up that like that for a good deal of first house buyers.
A lot of times we see individuals squandering hundreds of thousands of their hard earned money on a brand-new home & land bundle since they thought they were getting themselves a great deal.
But remember, if it sounds too good to be true, it normally is!
See, some builders ‘conceal’ their extra charges and don’t offer you fixed upfront ‘quotes’. Suggesting that ‘quote’ they simply 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 tens of thousands of dollars less expensive than other similar houses you‘ve taken a look at … there is most likely an excellent reason why.
The majority of the time it’s since you’re losing out on extras that should actually come as standard (and they’ll be making you pay for them later), or you’re going to be paying extra for ‘site costs’ so the home builder can make up their original price shortfall.
We hear a lot of horror stories from first house buyers that get a little bit too excited and regrettably didn’t do adequate research prior to parting with their hard-earned money.
Rahul was among them. He approached us after using his entire $25,000 deposit to lock in a block of land that no builder wished to develop on (plus the worst part was, he thought he ‘d got himself an inexpensive price, however he ‘d really paid more than what it was valued at and really didn’t need to turn over a 10% deposit either).
Sara, regrettably, approached us after she ‘d already signed agreements with a big builder and paid her deposit, just to later be struck with an additional $35,000 in ‘unforeseen’ costs (for extras she thought were inclusive in the initial quote) and had no thought of how she ‘d pay for them.
Luckily, with Rahul, one of our brand-new house specialists were able to assist him find a home builder that specialised in working on smaller narrow blocks of land and wasn’t going to charge him a fortune to do so.
However, with Sara, it was too late. Starting once again with another builder and losing the deposit she ‘d already paid wasn’t an alternative. So she ended up needing to finance the extra $35,000 from her parents and chalk it up to one of lifes lessons.
Rahul and Sara are simply some of the numerous first house buyers that find themselves in a really confronting scenario since they‘ve made a decision (and parted with a lot of savings) without having all the information and support from specialists, that they required.
And we truly don’t want that to happen to you!
That’s why we started the First Home Buyer Accelerator to assist novice new home buyers through the entire process so you don’t make any of the costly and typical errors we see far frequently.
It’s their job to ask all of those questions that Rahul and Sara ought to have asked. It’s their job to locate you the best deal and it’s their job to ensure you move into your first house pleased and ecstatic.
Think of having comfort that when you do locate your perfect first house, you know you’re making the best decision.
In simply a fast 10 minute call, you’ll get to speak with one of our specialists prior to you making a decision you might later regret and you’ll also learn immediately if you receive help finding, purchasing and building your brand-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.