We know it’s a really exciting time purchasing and building your first home, however, it does not always wind up that way for many first time home purchasers.
A lot of times we see individuals wasting hundreds of thousands of dollars on a new home & land bundle because they thought they were getting themselves a good deal.
However keep in mind, if it sounds too good to be real, it generally is!
See, some home builders ‘conceal’ their additional charges and do not offer you fixed upfront ‘costs’. Suggesting that ‘quote’ they simply offered you, will most definitely NOT be the total cost you have to pay.
And that’s when you should be asking yourself, why?
If you’re being sold any home and land packages that are tens of thousands of dollars less expensive than other comparable homes you‘ve taken a look at … there is most likely a good reason why.
Most of the time it’s because you’re missing out on inclusions that should really come as standard (and they’ll be making you pay for them later), or you’re going to be paying additional for ‘site expenses’ so the home builder can make up their original price shortfall.
We hear a lot of horror stories from first home purchasers that get a little bit too excited and unfortunately didn’t do sufficient research before parting with their hard-earned money.
Rahul was among them. He approached us after using his whole $25,000 deposit to lock in a block of land that no Company wished to build on (plus the worst part was, he thought he ‘d got himself an inexpensive rate, but he ‘d really paid more than what it was worth and actually didn’t require to turn over a 10% deposit either).
Sara, unfortunately, came to us after she ‘d just signed agreements with a big Company and paid her deposit, only to later be struck with an extra $35,000 in ‘unforeseen’ expenses (for items she thought were inclusive in the original quote) and had no thought of how she ‘d cover the costs.
Thankfully, with Rahul, one of our new home land specialists were able to help him find 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.
However, with Sara, it was too late. Starting again with another home builder 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 simply some of the numerous first home purchasers that find themselves in a truly confronting circumstance because they‘ve made a decision (and parted with a lot of cash) without having all the details and support from specialists, 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 direct novice purchasers through the whole process so you do not make any of the pricey and typical mistakes we see far frequently.
It’s their role to ask all of those questions that Rahul and Sara ought to have asked. It’s their role to find you the best offer and it’s their role to make certain you move into your first home happy and proud.
Picture having assurance that when you do find your perfect first home, you know you’re making the ideal choice.
In simply a fast 10 minute call, you’ll get to speak to one of our specialists before you deciding you might later regret and you’ll also find out instantly if you qualify for assistance finding, purchasing and building your new first home.
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.