We know it’s a really amazing time purchasing and building your first house, however, it doesn’t constantly end up that way for many first house purchasers.
Too many times we see people squandering hundreds of thousands of their hard earned money on a new home & land bundle due to the fact that they thought they were getting themselves a great deal.
However keep in mind, if it sounds too great to be true, it generally is!
See, some builders ‘hide’ their extra charges and don’t give you fixed upfront ‘costs’. Meaning that ‘quote’ they just gave you, will most certainly 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 tens of thousands of dollars cheaper than other similar houses you have actually looked at … there is most likely an excellent reason why.
Most of the time it’s due to the fact that you’re losing 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 builder can catch up their original price shortfall.
We hear a lot of horror stories from first house purchasers that get a little bit too fired up and regrettably didn’t do enough due diligence prior to parting with their hard-earned cash.
Rahul was one of them. He approached us after using his whole $25,000 deposit to lock in a block of land that no Company wanted to develop on (plus the worst part was, he thought he ‘d got himself a cheap rate, however he ‘d in fact paid more than what it was worth and actually didn’t need to hand over a 10% deposit either).
Sara, regrettably, came to us after she ‘d just 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 pay for them.
Luckily, with Rahul, among our new house professionals had the ability to help him find a builder that specialised in building on smaller narrow blocks of land and wasn’t going to charge him a fortune to do so.
But, with Sara, it was far too late. Beginning once again with another builder and losing the deposit she ‘d previously paid wasn’t a choice. So she ended up having to finance the extra $35,000 from her parents and chalk it up to one of those lifes lessons.
Rahul and Sara are just some of the numerous first house purchasers that find themselves in a truly stressful circumstance due to the fact that they have actually decided (and parted with a lot of savings) without having all the details and support from professionals, that they required.
And we really don’t wish that to happen to you!
That’s why we started the First Home Buyer Accelerator to assist first-time purchasers through the whole procedure so you don’t make any of the costly and common mistakes 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 find you the very best offer and it’s their job to make sure you move into your first house happy and thrilled.
Imagine having peace of mind that when you do find your perfect first house, you know you’re making the right choice.
In just a quick 10 minute call, you’ll get to talk with one of our professionals prior to you deciding you may later regret and you’ll also learn instantly if you get approved for assistance 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.