We understand it’s an extremely exciting time buying and building your first house, nevertheless, it doesn’t always end up that way for lots of first time house buyers.
A lot of 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 good deal.
But keep in mind, if it sounds too great to be real, it usually is!
See, some home builders ‘hide’ their additional fees and do not give you fixed upfront ‘quotes’. Suggesting that ‘quote’ they just gave you, will most certainly NOT be the total amount you have to pay.
Which’s when you should be asking yourself, why?
If you’re being sold any house and land packages that are tens of thousands of dollars less expensive than other similar homes you have actually looked at … there is most likely a good reason why.
The majority of the time it’s because you’re losing out on inclusions that should actually come as standard (and they’ll be making you pay for them later on), 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 buyers that get a little bit too excited and unfortunately didn’t do adequate due diligence prior to parting with their hard-earned money.
Rahul was one of them. He came to us after using his entire $25,000 deposit to secure a block of land that no home builder wished to develop on (plus the worst part was, he believed he ‘d got himself a low-cost rate, however he ‘d really paid more than what it was worth and actually didn’t need to turn over a 10% deposit either).
Sara, unfortunately, came to us after she ‘d already signed contracts with a well known home builder and paid her deposit, only to later on be hit with an additional $35,000 in ‘unanticipated’ expenses (for extras she believed were included in the initial quote) and had no idea how she ‘d cover the costs.
Fortunately, with Rahul, among our new house specialists had the ability to assist him find a home builder that specialised in working on smaller sized narrow blocks of land and wasn’t going to charge him a fortune to do so.
However, with Sara, it was too late. Starting again with another builder and losing the deposit she ‘d already paid wasn’t a choice. So she ended up having to borrow the additional $35,000 from her parents and chalk it up to one of those lifes lessons.
Rahul and Sara are just some of the many first house buyers that find themselves in a truly confronting situation because they have actually decided (and parted with a great deal of cash) without having all the info and help from specialists, that they needed.
And we honestly do not want that to occur to you!
That’s why we started the First Home Buyer Accelerator to assist novice new home buyers through the entire process so you do not make any of the pricey and common errors we see far too often.
It’s their role to ask all of those concerns that Rahul and Sara ought to have asked. It’s their role to locate you the best offer and it’s their role to ensure you move into your first house happy and thrilled.
Think of having assurance that when you do locate your ideal first house, you understand you’re making the right choice.
In just a quick 10 minute call, you’ll get to speak with one of our specialists prior to you making a decision you might later on regret and you’ll also learn immediately if you receive help finding, buying 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.