We understand it’s a very exciting time purchasing and building your very first house, however, it doesn’t constantly end up that way for lots of first house buyers.
A lot of times we see individuals wasting hundreds of thousands of dollars on a new house & land package since they thought they were getting themselves a good deal.
But keep in mind, if it sounds too great to be true, it generally is!
See, some home builders ‘conceal’ their extra costs and don’t provide you fixed upfront ‘costs’. Suggesting that ‘quote’ they just gave you, will most absolutely NOT be the final cost you have 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 comparable houses you have actually looked at … there is most likely a good reason why.
Most of the time it’s since you’re losing out on inclusions that need to really come as standard (and they’ll be making you pay for them later on), 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 scary stories from very first house buyers that get a bit too fired up and sadly didn’t do adequate due diligence prior to parting with their hard-earned cash.
Rahul was one of them. He came to us after spending his whole $25,000 deposit to secure a block of land that no builder wished to construct a house 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 valued at and really didn’t need to turn over a 10% deposit either).
Sara, sadly, came to us after she ‘d already signed contracts with a well known builder and paid her deposit, only to later on be struck with an extra $35,000 in ‘unforeseen’ costs (for items she thought were included in the initial quote) and had no thought of how she ‘d cover the costs.
Luckily, with Rahul, among our new house professionals were able to assist him find a 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. Starting once again with another Company and losing the deposit she had actually 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 just some of the numerous very first house buyers that find themselves in a really stressful circumstance since they have actually made a decision (and parted with a lot of cash) without having all the details and help from professionals, that they needed.
And we honestly don’t want that to occur to you!
That’s why we began the First Home Buyer Accelerator to guide novice purchasers through the whole process so you don’t make any of the costly and typical errors we see far too often.
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 sure you move into your very first house happy and excited.
Imagine having assurance that when you do find your ideal very first house, you understand you’re making the best decision.
In just a fast 10 minute call, you’ll get to speak to one of our professionals prior to you making a decision you might later on regret and you’ll also find out instantly if you get approved for help 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.