We know it’s a very amazing time purchasing and building your first house, nevertheless, it does not always wind up that like that for many first house buyers.
Too many times we see people losing hundreds of thousands of dollars on a new house & land bundle due to the fact that they thought they were getting themselves a good deal.
However keep in mind, if it sounds too great to be true, it normally is!
See, some builders ‘conceal’ their extra charges and do not provide you fixed upfront ‘costs’. Suggesting that ‘quote’ they just offered you, will most absolutely NOT be the total amount you have to pay.
And that’s when you should be asking yourself, why?
If you’re being sold any house and land packages that are 10s of thousands of dollars cheaper than other similar houses 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 losing out on inclusions that must 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 contractor can catch up their original price shortfall.
We hear a lot of horror stories from first house buyers that get a little bit too fired up and sadly didn’t do adequate research before parting with their hard-earned money.
Rahul was among them. He came to us after using his whole $25,000 deposit to secure a block of land that no builder wished to build on (plus the worst part was, he thought he ‘d got himself a cheap rate, but he ‘d really paid more than what it was worth and truly didn’t require to hand over a 10% deposit either).
Sara, sadly, approached us after she ‘d already signed agreements with a big builder and paid her deposit, just to later on be struck with an extra $35,000 in ‘unforeseen’ costs (for extras she thought were inclusive in the original quote) and had no thought of how she ‘d pay for them.
Thankfully, with Rahul, one of our new house build professionals had the ability to help him discover a builder that specialised in working 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 home builder and losing the deposit she had actually previously paid wasn’t an option. So she wound up having to finance the extra $35,000 from her parents and chalk it up to one of those lifes lessons.
Rahul and Sara are just a few of the numerous first house buyers that discover themselves in a really stressful scenario due to the fact that they have actually made a decision (and parted with a lot of savings) without having all the information and support from professionals, that they required.
And we really do not want that to occur to you!
That’s why we began the First Home Buyer Accelerator to assist first-time new home buyers through the whole process so you do not make any of the expensive and typical mistakes we see far frequently.
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 best offer and it’s their job to make certain you move into your first house pleased and ecstatic.
Imagine having assurance that when you do locate your best first house, you know you’re making the ideal choice.
In just a fast 10 minute call, you’ll get to talk to one of our professionals before you deciding you might later on regret and you’ll also learn instantly if you qualify for assistance finding, purchasing and building your new 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.