We know it’s a very exciting time purchasing and building your very first house, nevertheless, it does not constantly wind up that like that for a good deal of first house purchasers.
A lot of times we see people squandering hundreds of thousands of their hard earned money on a brand-new home & land bundle because they believed they were getting themselves a good deal.
However remember, if it sounds too good to be real, it generally is!
See, some builders ‘hide’ their extra costs and do not give you fixed upfront ‘costs’. Indicating that ‘quote’ they simply gave you, will most definitely NOT be the total cost you need to pay.
Which’s when you should be asking yourself, why?
If you’re being offered any house and land packages that are tens of thousands of dollars less expensive than other similar homes you have actually taken a look at … there is most likely an excellent reason why.
Most of the time it’s because you’re missing out on extras that must really come as standard (and they’ll be making you pay for them later on), or you’re going to be paying extra for ‘site costs’ so the builder can make up their original price shortfall.
We hear a lot of scary stories from very first house purchasers that get a bit too fired up and unfortunately didn’t do enough due diligence before parting with their hard-earned money.
Rahul was among them. He came to us after spending his whole $25,000 deposit to lock in a block of land that no home builder wished to build on (plus the worst part was, he believed he ‘d got himself an inexpensive rate, however he ‘d really 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 big home builder and paid her deposit, just to later on be struck with an extra $35,000 in ‘unforeseen’ costs (for items she believed were inclusive in the original quote) and had no thought of how she ‘d pay for them.
Luckily, with Rahul, one of our brand-new house build professionals were able to assist him discover a builder that specialised in building 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. Starting again with another Company and losing the deposit she had actually already paid wasn’t an alternative. So she ended up needing to borrow the extra $35,000 from her parents and chalk it up to one of those lifes lessons.
Rahul and Sara are simply some of the many very first house purchasers that discover themselves in a truly difficult circumstance because they have actually made a decision (and parted with a lot of money) without having all the details and help from professionals, that they required.
And we honestly do not wish that to happen to you!
That’s why we started the First Home Buyer Accelerator to guide first-time purchasers through the whole process so you do not make any of the costly and common errors we see far too often.
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 very best deal and it’s their role to make sure you move into your very first house happy and thrilled.
Think of having assurance that when you do find your best very first house, you know you’re making the ideal decision.
In simply a fast 10 minute call, you’ll get to talk to one of our professionals before you making a decision you might later on regret and you’ll also learn instantly if you receive assistance finding, purchasing and building your brand-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.