We understand it’s a really exciting time buying and building your first home, nevertheless, it doesn’t constantly wind up that way for many first home purchasers.
Too many times we see individuals wasting hundreds of thousands of their hard earned money on a new home & land package because they thought they were getting themselves a great deal.
But remember, if it sounds too good to be real, it typically is!
See, some home builders ‘hide’ their additional charges and do not offer you fixed upfront ‘quotes’. Meaning that ‘quote’ they simply gave you, will most definitely NOT be the final cost you have to pay.
And that’s when you should be asking yourself, why?
If you’re being offered any home 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 a great reason why.
Most of the time it’s because you’re losing out on inclusions that should really come as standard (and they’ll be making you pay for them later on), or you’re going to be paying additional for ‘site costs’ so the contractor can catch up their original price shortfall.
We hear a lot of scary stories from first home purchasers that get a little bit too excited and regrettably didn’t do enough due diligence before parting with their hard-earned cash.
Rahul was one of them. He approached us after using his whole $25,000 deposit to secure a block of land that no 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 worth and really didn’t require to turn over a 10% deposit either).
Sara, regrettably, came to us after she ‘d already signed agreements with a big builder and paid her deposit, only to later on be struck with an extra $35,000 in ‘unanticipated’ costs (for items she thought were included in the initial quote) and had no thought of how she ‘d pay for them.
Fortunately, with Rahul, one of our new home professionals were able to help him discover a home builder that specialised in building 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 again with another home builder and losing the deposit she ‘d already paid wasn’t an option. So she ended up having to finance the additional $35,000 from her parents and chalk it up to one of lifes lessons.
Rahul and Sara are simply some of the numerous first home purchasers that discover themselves in a really difficult situation because they‘ve decided (and parted with a lot of money) without having all the information and assistance from professionals, that they needed.
And we honestly do not wish that to happen to you!
That’s why we started the First Home Buyer Accelerator to direct novice new home buyers through the whole process so you do not make any of the pricey and common errors we see far frequently.
It’s their role to ask all of those concerns that Rahul and Sara should have asked. It’s their role to find you the best deal and it’s their role to make sure you move into your first home pleased and ecstatic.
Picture having assurance that when you do find your ideal first home, you know you’re making the best decision.
In simply a fast 10 minute call, you’ll get to speak to one of our professionals before you deciding you may later on regret and you’ll also find out immediately if you receive help finding, buying 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.