We know it’s a very thrilling time purchasing and building your very first home, however, it does not constantly wind up that way for many first time home purchasers.
Too many times we see people wasting hundreds of thousands of their hard earned money on a brand-new house & land bundle since they thought they were getting themselves a good deal.
However remember, if it sounds too good to be true, it generally is!
See, some home builders ‘hide’ their additional costs and don’t offer you fixed upfront ‘quotes’. Indicating that ‘quote’ they just offered you, will most definitely NOT be the final amount you need 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 comparable houses you‘ve taken a look at … there is probably an excellent reason why.
Most of the time it’s since you’re losing out on extras that need 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 expenses’ so the home builder can catch up their original price gap.
We hear a lot of horror stories from very first home purchasers that get a little bit too excited and unfortunately didn’t do adequate due diligence before parting with their hard-earned money.
Rahul was among them. He approached us after using 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 thought he ‘d got himself a cheap rate, but he ‘d actually paid more than what it was worth and really didn’t require to hand over a 10% deposit either).
Sara, unfortunately, came to us after she ‘d already signed agreements with a big builder and paid her deposit, just to later be hit with an extra $35,000 in ‘unforeseen’ expenses (for items she thought were included in the initial quote) and had no thought of how she ‘d cover the costs.
Luckily, with Rahul, among our brand-new home build experts were able to help him find a builder that specialised in building 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. Beginning again with another home builder and losing the deposit she ‘d already paid wasn’t a choice. So she wound up needing to finance 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 very first home purchasers that find themselves in a really confronting scenario since they‘ve decided (and parted with a lot of savings) without having all the info and support from experts, that they needed.
And we honestly don’t wish that to happen to you!
That’s why we began the First Home Buyer Accelerator to guide novice new home buyers through the whole procedure so you don’t make any of the pricey and common mistakes we see far too often.
It’s their role to ask all of those questions that Rahul and Sara ought to have asked. It’s their role to find you the best offer and it’s their role to make certain you move into your very first home happy and excited.
Think of having comfort that when you do find your perfect very first home, you know you’re making the best choice.
In just a quick 10 minute call, you’ll get to consult with one of our experts before you making a decision you may later regret and you’ll also learn instantly if you get approved for help finding, purchasing and building your brand-new very 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.