We understand it’s a very exciting time buying and building your first house, nevertheless, it does not always end up that like that for many first house buyers.
Too many times we see people losing hundreds of thousands of dollars on a brand-new home & land package since they thought they were getting themselves a good deal.
However keep in mind, if it sounds too good to be real, it normally is!
See, some Companies ‘hide’ their additional costs and do not give you fixed upfront ‘quotes’. Suggesting that ‘quote’ they just gave 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 offered any house and land packages that are tens of thousands of dollars less expensive than other comparable houses you have actually looked at … there is probably a great 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 on), 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 first house buyers that get a little bit too fired up and unfortunately didn’t do enough due diligence prior to parting with their hard-earned cash.
Rahul was one of them. He came to us after spending his whole $25,000 deposit to lock in a block of land that no Company wanted to construct a house on (plus the worst part was, he thought he ‘d got himself a cheap cost, but he ‘d really paid more than what it was valued at and truly didn’t require to hand over a 10% deposit either).
Sara, unfortunately, approached us after she ‘d just signed contracts with a big Company 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, among our brand-new house build professionals had the ability 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.
However, with Sara, it was too late. Starting once again with another home builder and losing the deposit she ‘d previously 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 just some of the numerous first house buyers that discover themselves in a really difficult scenario since they have actually made a decision (and parted with a great deal of money) without having all the info and support from professionals, that they required.
And we honestly do not want that to occur to you!
That’s why we started the First Home Buyer Accelerator to direct first-time purchasers through the whole procedure so you do not make any of the expensive and typical mistakes we see far too often.
It’s their job to ask all of those questions that Rahul and Sara ought to have asked. It’s their job to find you the best deal and it’s their job to make certain you move into your first house delighted and proud.
Think of having comfort that when you do find your ideal first house, you know you’re making the ideal decision.
In just a quick 10 minute call, you’ll get to talk to one of our professionals prior to you deciding you might later on regret and you’ll also learn instantly if you get approved for help finding, buying and building your brand-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.