We understand it’s a really amazing time purchasing and building your first house, nevertheless, it doesn’t always end up that way for lots of first house purchasers.
Too many times we see individuals squandering hundreds of thousands of their hard earned money on a new house & land package due to the fact that they thought they were getting themselves a good deal.
However keep in mind, if it sounds too good to be true, it normally is!
See, some home builders ‘conceal’ their additional charges and don’t offer you fixed upfront ‘costs’. Meaning that ‘quote’ they simply gave you, will most definitely NOT be the final cost you need to pay.
Which’s when you should be asking yourself, why?
If you’re being offered any house and land packages that are 10s of thousands of dollars cheaper than other comparable homes you have actually looked at … there is most likely a good reason why.
The majority of the time it’s due to the fact that you’re missing 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 builder can make up their original price shortfall.
We hear a great deal of horror stories from first house purchasers that get a little bit too excited and unfortunately didn’t do sufficient due diligence before parting with their hard-earned cash.
Rahul was among them. He approached us after spending his entire $25,000 deposit to lock in a block of land that no Company wished to develop on (plus the worst part was, he thought he ‘d got himself a cheap rate, but he ‘d in fact paid more than what it was worth and truly didn’t require to hand over a 10% deposit either).
Sara, unfortunately, approached us after she ‘d already signed agreements with a big Company and paid her deposit, only to later be struck with an additional $35,000 in ‘unanticipated’ expenses (for items she thought were included in the initial quote) and had no thought of how she ‘d pay for them.
Luckily, with Rahul, among our new house experts had the ability to help him find a 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 once again with another home builder and losing the deposit she had actually already paid wasn’t an alternative. So she wound 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 a few of the many first house purchasers that find themselves in a truly stressful circumstance due to the fact that they have actually decided (and parted with a great deal of money) without having all the information and help from experts, that they required.
And we really don’t want that to occur to you!
That’s why we began the First Home Buyer Accelerator to guide novice purchasers through the entire process so you don’t make any of the costly and common errors we see far too often.
It’s their job to ask all of those concerns that Rahul and Sara should have asked. It’s their job to locate you the very best deal and it’s their job to make sure you move into your first house pleased and proud.
Picture having peace of mind that when you do locate your perfect first house, you know you’re making the best choice.
In simply a fast 10 minute call, you’ll get to talk to one of our experts before you making a decision you might later regret and you’ll also learn right away if you qualify for help 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.