We know it’s a really exciting time purchasing and building your first home, nevertheless, it does not always wind up that way for many first time home buyers.
A lot of times we see individuals wasting hundreds of thousands of their hard earned money on a new home & land bundle since they believed they were getting themselves a great deal.
However remember, if it sounds too good to be true, it normally is!
See, some builders ‘hide’ their additional fees and do not provide you fixed upfront ‘costs’. Indicating that ‘quote’ they simply provided 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 sold any home and land packages that are tens of thousands of dollars less expensive than other comparable homes you have actually looked at … there is probably a great reason why.
Most of the time it’s since you’re missing out on inclusions that should really 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 contractor can make up their original price gap.
We hear a great deal of scary stories from first home buyers that get a bit too excited and sadly didn’t do enough due diligence before parting with their hard-earned cash.
Rahul was among them. He approached us after using his entire $25,000 deposit to secure a block of land that no Company wanted to build on (plus the worst part was, he believed he ‘d got himself an inexpensive cost, but he ‘d really paid more than what it was valued at and truly didn’t need to turn over a 10% deposit either).
Sara, sadly, contacted us after she ‘d already signed contracts with a well known Company and paid her deposit, just to later on be struck with an extra $35,000 in ‘unforeseen’ expenses (for extras she believed were inclusive in the initial quote) and had no thought of how she ‘d cover the costs.
Luckily, with Rahul, one of our new home build professionals were able to help 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 again with another home builder and losing the deposit she had actually previously 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 those lifes lessons.
Rahul and Sara are simply a few of the numerous first home buyers that find themselves in a truly confronting situation since they have actually decided (and parted with a great deal of money) without having all the details and help from professionals, that they required.
And we honestly do not want that to happen to you!
That’s why we started the First Home Buyer Accelerator to guide first-time purchasers through the entire process so you do not make any of the pricey and typical errors we see far too often.
It’s their job to ask all of those concerns that Rahul and Sara ought to have asked. It’s their job to locate you the very best deal and it’s their job to make sure you move into your first home happy and thrilled.
Imagine having peace of mind that when you do locate your best first home, you know you’re making the ideal decision.
In simply a fast 10 minute call, you’ll get to speak to one of our professionals before you making a decision you may later on regret and you’ll also discover instantly if you qualify for help 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.