We know it’s a really amazing time buying and building your first house, however, it does not constantly end up that like that for many first house purchasers.
A lot of times we see individuals squandering hundreds of thousands of their hard earned money on a brand-new home & land package since they thought they were getting themselves a good deal.
However keep in mind, if it sounds too good to be real, it generally is!
See, some builders ‘hide’ their additional costs and don’t offer you fixed upfront ‘costs’. Meaning that ‘quote’ they simply gave you, will most absolutely NOT be the final cost you have to pay.
And that’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 less expensive than other similar houses you have actually looked at … there is probably a good reason why.
Most of the time it’s since you’re losing out on inclusions that ought 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 expenses’ so the contractor can catch up their original price shortfall.
We hear a great deal of horror stories from first house purchasers that get a bit too excited and unfortunately didn’t do enough due diligence before parting with their hard-earned money.
Rahul was among them. He approached us after using his whole $25,000 deposit to secure a block of land that no builder wanted to build on (plus the worst part was, he thought he ‘d got himself an inexpensive rate, however he ‘d really paid more than what it was valued at and truly didn’t need to turn over a 10% deposit either).
Sara, unfortunately, approached us after she ‘d just signed agreements with a well known builder and paid her deposit, just to later be hit with an extra $35,000 in ‘unexpected’ expenses (for items she thought were included in the original quote) and had no idea how she ‘d pay for them.
Luckily, with Rahul, among our brand-new house professionals were able to assist him find a home builder that specialised in building on smaller sized narrow blocks of land and wasn’t going to charge him a fortune to do so.
But, with Sara, it was too late. Starting again with another Company and losing the deposit she had actually already paid wasn’t an alternative. So she ended up having to borrow the additional $35,000 from her mum and dad and chalk it up to one of those lifes lessons.
Rahul and Sara are simply some of the numerous first house purchasers that find themselves in a really difficult scenario since they have actually made a decision (and parted with a great deal of money) without having all the information and assistance 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 new home buyers through the whole process so you don’t 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 deal and it’s their role to make sure you move into your first house happy and excited.
Picture having assurance that when you do find your best first house, you know you’re making the best choice.
In simply a fast 10 minute call, you’ll get to speak with one of our professionals before you deciding you may later regret and you’ll also find out immediately if you qualify for help finding, buying and building your brand-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.