We understand it’s a really thrilling time buying and building your first home, however, it doesn’t constantly end up that like that for many first home buyers.
Too many times we see individuals squandering hundreds of thousands of their hard earned money on a new home & land bundle due to the fact that they thought they were getting themselves a great deal.
But keep in mind, if it sounds too good to be real, it normally is!
See, some Companies ‘hide’ their extra costs and do not provide you fixed upfront ‘quotes’. Indicating that ‘quote’ they just gave you, will most certainly NOT be the final cost you need to pay.
Which’s when you should be asking yourself, why?
If you’re being offered any home and land packages that are 10s of thousands of dollars less expensive than other comparable homes you‘ve taken a look at … there is probably an excellent reason why.
The majority of the time it’s due to the fact that you’re missing out on extras that need to actually 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 builder can make up their original price shortfall.
We hear a great deal of horror stories from first home buyers that get a bit too excited and regrettably didn’t do enough due diligence prior to parting with their hard-earned cash.
Rahul was one of them. He approached us after using his whole $25,000 deposit to lock in a block of land that no home builder wanted to build on (plus the worst part was, he thought he ‘d got himself a cheap rate, but he ‘d actually paid more than what it was valued at and really didn’t need to turn over a 10% deposit either).
Sara, regrettably, contacted us after she ‘d already signed contracts with a well known home builder and paid her deposit, just to later on be hit with an additional $35,000 in ‘unforeseen’ costs (for extras she thought were included in the initial quote) and had no thought of how she ‘d pay for them.
Luckily, with Rahul, one of our new home professionals had the ability to help 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 too late. Starting once again with another builder and losing the deposit she ‘d already paid wasn’t an option. So she wound up needing to borrow the extra $35,000 from her parents and chalk it up to one of those lifes lessons.
Rahul and Sara are just some of the numerous first home buyers that discover themselves in a truly stressful scenario due to the fact that they‘ve made a decision (and parted with a great deal of savings) without having all the information and help from professionals, that they needed.
And we honestly do not want that to occur to you!
That’s why we began the First Home Buyer Accelerator to direct first-time new home buyers through the whole process so you do not make any of the costly and typical errors we see far frequently.
It’s their role to ask all of those concerns that Rahul and Sara should have asked. It’s their role to find you the very best offer and it’s their role to make sure you move into your first home pleased and excited.
Imagine having comfort that when you do find your best first home, you understand you’re making the best decision.
In just a fast 10 minute call, you’ll get to talk with one of our professionals prior to you making a decision you might later on regret and you’ll also discover immediately if you get approved for assistance finding, buying 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.