We know it’s an extremely amazing time purchasing and building your first house, nevertheless, it does not constantly end up that like that for many first time house purchasers.
Too many times we see individuals squandering hundreds of thousands of their hard earned money on a new house & land bundle due to the fact that they thought they were getting themselves a good deal.
However keep in mind, if it sounds too good to be true, it generally is!
See, some home builders ‘hide’ their extra fees and don’t provide you fixed upfront ‘costs’. Meaning that ‘quote’ they just offered you, will most certainly NOT be the total cost 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 10s of thousands of dollars cheaper than other comparable houses you‘ve 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 inclusions that need to actually come as standard (and they’ll be making you pay for them later on), or you’re going to be paying extra for ‘site expenses’ so the builder can make up their original price shortfall.
We hear a lot of horror stories from first house purchasers that get a bit too excited and unfortunately didn’t do enough research before parting with their hard-earned cash.
Rahul was one of them. He approached us after spending his whole $25,000 deposit to secure a block of land that no home builder wanted to construct a house on (plus the worst part was, he thought he ‘d got himself a cheap price, however he ‘d in fact paid more than what it was valued at and really didn’t require to hand over a 10% deposit either).
Sara, unfortunately, contacted us after she ‘d just signed contracts with a well known home builder and paid her deposit, only to later on be struck 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.
Fortunately, with Rahul, among our new house land specialists had the ability to assist him discover a builder that specialised in working on smaller narrow blocks of land and wasn’t going to charge him a fortune to do so.
But, with Sara, it was too late. Beginning once again with another builder and losing the deposit she had actually already paid wasn’t a choice. So she wound up needing to borrow the extra $35,000 from her mum and dad and chalk it up to one of lifes lessons.
Rahul and Sara are just a few of the many first house purchasers that discover themselves in a truly difficult situation due to the fact that they‘ve made a decision (and parted with a lot of cash) without having all the details and assistance from specialists, that they required.
And we honestly don’t wish that to occur to you!
That’s why we began the First Home Buyer Accelerator to direct first-time purchasers through the whole process so you don’t make any of the costly and typical mistakes 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 find you the best deal and it’s their job to make sure you move into your first house happy and proud.
Imagine having comfort that when you do find your perfect first house, you know you’re making the ideal decision.
In just a fast 10 minute call, you’ll get to speak with one of our specialists before you making a decision you may later on regret and you’ll also discover right away if you qualify 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.