We understand it’s an extremely amazing time purchasing and building your first house, nevertheless, it doesn’t always wind up that way for lots of first house purchasers.
A lot of times we see people losing hundreds of thousands of their hard earned money on a new house & land package due to the fact that they thought they were getting themselves a good deal.
However keep in mind, if it sounds too great to be real, it generally is!
See, some builders ‘hide’ their additional costs and don’t provide you fixed upfront ‘quotes’. Meaning that ‘quote’ they just provided you, will most certainly NOT be the final 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 10s of thousands of dollars less expensive than other comparable homes you‘ve taken a look at … there is probably an excellent reason why.
The majority of the time it’s due to the fact that 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 home builder can catch up their original price shortfall.
We hear a lot of horror stories from first house purchasers that get a bit too fired up and unfortunately didn’t do sufficient due diligence prior to parting with their hard-earned money.
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 price, but he ‘d in fact paid more than what it was worth and really didn’t require to turn over a 10% deposit either).
Sara, unfortunately, contacted us after she ‘d just signed contracts with a big Company and paid her deposit, only to later on be struck with an additional $35,000 in ‘unexpected’ costs (for items she thought were included in the initial quote) and had no idea how she ‘d cover the costs.
Fortunately, with Rahul, one of our new house build specialists were able to help him find a builder that specialised in working 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 previously 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 just a few of the numerous first house purchasers that find themselves in a really confronting situation due to the fact that they‘ve decided (and parted with a lot of savings) without having all the details and assistance from specialists, that they needed.
And we honestly don’t want that to occur to you!
That’s why we started the First Home Buyer Accelerator to direct novice purchasers through the whole procedure so you don’t make any of the pricey 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 locate you the very best deal and it’s their role to make sure you move into your first house happy and excited.
Think of having comfort that when you do locate your perfect first house, you know you’re making the ideal choice.
In just a quick 10 minute call, you’ll get to speak to one of our specialists prior to you making a decision you may later on regret and you’ll also find out right away if you get approved 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.