We understand it’s a really exciting time purchasing and building your first home, however, it doesn’t constantly end up that like that for a good deal of first home buyers.
Too many times we see people losing hundreds of thousands of dollars on a new home & land bundle due to the fact that they thought they were getting themselves a great deal.
But remember, if it sounds too good to be true, it normally is!
See, some Companies ‘conceal’ their additional costs and do not give you fixed upfront ‘costs’. Suggesting that ‘quote’ they just offered 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 taken a look at … there is most likely a good reason why.
Most 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), or you’re going to be paying additional for ‘site costs’ so the contractor can catch up their original price gap.
We hear a great deal of scary stories from first home buyers that get a little bit too fired up and sadly didn’t do adequate due diligence before parting with their hard-earned money.
Rahul was one of them. He approached us after using his entire $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 low-cost cost, but he ‘d in fact paid more than what it was valued at and truly didn’t need to hand over a 10% deposit either).
Sara, sadly, came to us after she ‘d already signed agreements with a well known home builder and paid her deposit, only to later be struck with an extra $35,000 in ‘unforeseen’ costs (for extras she thought were inclusive in the initial quote) and had no thought of how she ‘d cover the costs.
Thankfully, with Rahul, among our new home experts had the ability to help 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 far too late. Beginning again with another home builder and losing the deposit she ‘d already paid wasn’t an alternative. So she wound up having 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 just some of the many first home buyers that find themselves in a truly stressful scenario due to the fact that they have actually made a decision (and parted with a great deal of money) without having all the information and assistance from experts, that they required.
And we honestly do not want that to happen to you!
That’s why we began the First Home Buyer Accelerator to guide first-time purchasers through the entire procedure so you do not make any of the expensive and typical errors we see far too often.
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 very best deal and it’s their job to ensure you move into your first home delighted and excited.
Think of having comfort that when you do locate your ideal first home, you understand you’re making the best choice.
In just a fast 10 minute call, you’ll get to talk with one of our experts before you making a decision you may later regret and you’ll also discover immediately if you get approved 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.