We know it’s a very exciting time buying and building your first home, however, it does not constantly end up that like that for many first home purchasers.
Too many times we see individuals losing hundreds of thousands of their hard earned money on a new home & land package because they believed they were getting themselves a great deal.
However remember, if it sounds too great to be real, it usually is!
See, some home builders ‘conceal’ their additional fees and do not give you fixed upfront ‘costs’. Meaning that ‘quote’ they just offered you, will most absolutely NOT be the total cost 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 similar homes 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 ought to really come as standard (and they’ll be making you pay for them later on), or you’re going to be paying additional for ‘site costs’ so the home builder can catch up their original price gap.
We hear a great deal of scary stories from first home purchasers that get a little bit too excited and regrettably didn’t do adequate due diligence before parting with their hard-earned money.
Rahul was one of them. He approached us after spending his whole $25,000 deposit to lock in a block of land that no builder wanted to develop on (plus the worst part was, he believed he ‘d got himself a low-cost price, however he ‘d actually paid more than what it was worth and actually didn’t require to turn over a 10% deposit either).
Sara, regrettably, approached us after she ‘d just signed contracts with a big builder and paid her deposit, just to later on be hit with an additional $35,000 in ‘unexpected’ costs (for extras she believed were included in the initial quote) and had no idea how she ‘d cover the costs.
Luckily, with Rahul, among our new home build professionals were able to assist 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.
But, with Sara, it was too late. Starting once again with another builder and losing the deposit she had actually previously paid wasn’t a choice. So she ended up needing to finance the additional $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 first home purchasers that find themselves in a truly confronting circumstance because they‘ve decided (and parted with a great deal of savings) without having all the information and help from professionals, that they needed.
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 whole procedure so you do not make any of the costly and common errors we see far frequently.
It’s their job to ask all of those questions that Rahul and Sara should have asked. It’s their job to locate you the very best offer and it’s their job to make sure you move into your first home pleased and excited.
Picture having peace of mind that when you do locate your ideal first home, you understand 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 immediately if you qualify for assistance finding, buying 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.