We know it’s a very amazing time buying and building your very first home, nevertheless, it does not constantly wind up that way for a good deal of first time home purchasers.
A lot of times we see people losing hundreds of thousands of their hard earned money on a new home & land bundle because they thought they were getting themselves a great deal.
But keep in mind, if it sounds too good to be true, it normally is!
See, some home builders ‘hide’ their extra charges and don’t give you fixed upfront ‘costs’. Suggesting that ‘quote’ they just provided 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 offered any home and land packages that are 10s of thousands of dollars less expensive than other comparable houses you‘ve looked at … there is most likely a great reason why.
Most of the time it’s because you’re missing out on extras that need to really come as standard (and they’ll be making you pay for them later), or you’re going to be paying extra for ‘site costs’ so the home builder can make up their original price gap.
We hear a great deal of horror stories from very first home purchasers that get a bit too excited and regrettably didn’t do adequate due diligence prior to parting with their hard-earned money.
Rahul was among them. He approached us after using his whole $25,000 deposit to lock in a block of land that no Company wished to build on (plus the worst part was, he thought he ‘d got himself an inexpensive price, however 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, approached us after she ‘d already signed agreements with a well known Company and paid her deposit, just to later be struck with an additional $35,000 in ‘unforeseen’ costs (for items she thought were included in the original quote) and had no idea how she ‘d cover the costs.
Fortunately, with Rahul, among our new home land specialists had the ability to help him discover a builder that specialised in working 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 once again with another Company and losing the deposit she ‘d already paid wasn’t a choice. So she ended up having to finance the extra $35,000 from her mum and dad and chalk it up to one of lifes lessons.
Rahul and Sara are just some of the numerous very first home purchasers that discover themselves in a truly difficult scenario because they‘ve decided (and parted with a great deal of savings) without having all the information and help from specialists, that they required.
And we honestly don’t wish that to occur to you!
That’s why we started the First Home Buyer Accelerator to direct first-time new home buyers through the whole procedure so you don’t make any of the pricey and common errors we see far too often.
It’s their role to ask all of those questions that Rahul and Sara should have asked. It’s their role to find you the best deal and it’s their role to make certain you move into your very first home happy and excited.
Think of having peace of mind that when you do find your ideal very first home, you know you’re making the best choice.
In just a quick 10 minute call, you’ll get to talk to one of our specialists prior to you making a decision you might later regret and you’ll also find out immediately if you receive assistance finding, buying and building your new very 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.