We know it’s an extremely exciting time purchasing and building your very first house, nevertheless, it doesn’t always end up that like that for a good deal of first time house buyers.
A lot of times we see individuals wasting hundreds of thousands of their hard earned money on a new home & land bundle since they thought they were getting themselves a good deal.
However keep in mind, if it sounds too great to be true, it normally is!
See, some home builders ‘conceal’ their additional charges and don’t provide you fixed upfront ‘quotes’. Meaning that ‘quote’ they simply provided you, will most absolutely NOT be the total amount you need to pay.
And that’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 cheaper than other comparable houses you‘ve taken a look at … there is most likely an excellent reason why.
The majority of the time it’s since you’re losing out on extras that should 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 home builder can make up their original price gap.
We hear a great deal of horror stories from very first house buyers that get a little bit too fired up and sadly didn’t do adequate due diligence prior to parting with their hard-earned money.
Rahul was among them. He approached us after using his entire $25,000 deposit to secure a block of land that no builder wanted to build on (plus the worst part was, he thought he ‘d got himself a cheap cost, but he ‘d in fact paid more than what it was worth and actually didn’t require to turn over a 10% deposit either).
Sara, sadly, contacted us after she ‘d just signed agreements with a big builder and paid her deposit, just to later be hit with an additional $35,000 in ‘unexpected’ costs (for items she thought were inclusive in the original quote) and had no thought of how she ‘d cover the costs.
Fortunately, with Rahul, one of our new house build professionals 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. 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 mum and dad and chalk it up to one of lifes lessons.
Rahul and Sara are simply some of the many very first house buyers that find themselves in a really stressful circumstance since they‘ve decided (and parted with a great deal of savings) without having all the details and support from professionals, that they required.
And we really don’t wish 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 expensive and common mistakes we see far frequently.
It’s their job to ask all of those concerns that Rahul and Sara ought to have asked. It’s their job to find you the very best deal and it’s their job to make sure you move into your very first house delighted and ecstatic.
Picture having peace of mind that when you do find your perfect very first house, you understand you’re making the best decision.
In simply a fast 10 minute call, you’ll get to talk to one of our professionals prior to you making a decision you may later regret and you’ll also find out right away if you get approved for help finding, purchasing and building your new very 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.