We know it’s an extremely thrilling time purchasing and building your first home, however, it does not constantly wind up that like that for many first home purchasers.
Too many times we see individuals wasting hundreds of thousands of dollars on a new home & land package since 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 ‘hide’ their additional charges and do not offer you fixed upfront ‘quotes’. Suggesting that ‘quote’ they just gave you, will most absolutely NOT be the final cost you have to pay.
And that’s when you should be asking yourself, why?
If you’re being sold any home and land packages that are 10s of thousands of dollars less expensive than other similar houses you have actually taken a look at … there is most likely an excellent reason why.
The majority of the time it’s since 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 costs’ so the builder can catch up their original price shortfall.
We hear a lot of horror stories from first home purchasers that get a bit too excited and unfortunately didn’t do sufficient due diligence prior to parting with their hard-earned cash.
Rahul was among them. He approached us after using his entire $25,000 deposit to lock in a block of land that no home builder wanted to construct a house on (plus the worst part was, he believed he ‘d got himself a cheap price, but he ‘d in fact paid more than what it was valued at and truly didn’t need to hand over a 10% deposit either).
Sara, unfortunately, came to us after she ‘d just signed contracts with a big home builder and paid her deposit, just to later be struck with an additional $35,000 in ‘unanticipated’ costs (for items she believed were included in the original quote) and had no thought of how she ‘d pay for them.
Thankfully, with Rahul, among our new home build professionals had the ability to assist him find 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 builder and losing the deposit she ‘d previously 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 just some of the many first home purchasers that find themselves in a truly difficult circumstance since they have actually decided (and parted with a lot of money) without having all the information and support from professionals, that they required.
And we truly do not want that to occur to you!
That’s why we started the First Home Buyer Accelerator to guide novice purchasers through the entire procedure so you do not make any of the expensive and typical errors we see far frequently.
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 best offer and it’s their job to make sure you move into your first home delighted and thrilled.
Think of having assurance that when you do locate your best 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 prior to you making a decision you might later regret and you’ll also learn instantly if you receive assistance finding, purchasing 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.