We understand it’s a very amazing time buying and building your first home, however, it does not always end up that way for lots of first time home buyers.
Too many times we see people squandering hundreds of thousands of dollars on a brand-new house & land package due to the fact that they thought they were getting themselves a good deal.
However remember, if it sounds too great to be real, it generally is!
See, some home builders ‘hide’ their extra fees and don’t provide you fixed upfront ‘quotes’. Indicating that ‘quote’ they just gave you, will most definitely NOT be the total amount you need to pay.
And that’s when you should be asking yourself, why?
If you’re being sold any home and land packages that are 10s of thousands of dollars less expensive than other comparable houses you have actually taken a look at … there is most likely a good reason why.
Most of the time it’s due to the fact that you’re losing out on extras that need to 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 contractor can make up their original price shortfall.
We hear a lot of horror stories from first home buyers that get a little bit too excited and unfortunately didn’t do adequate due diligence before parting with their hard-earned cash.
Rahul was among them. He came to us after spending his entire $25,000 deposit to secure a block of land that no home builder wished to construct a house on (plus the worst part was, he thought he ‘d got himself a low-cost cost, however he ‘d actually paid more than what it was valued at and really didn’t require to hand over a 10% deposit either).
Sara, unfortunately, came to 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’ costs (for extras she thought were included in the original quote) and had no thought of how she ‘d cover the costs.
Thankfully, with Rahul, one of our brand-new home build experts were able to help him discover a builder that specialised in building on smaller sized narrow blocks of land and wasn’t going to charge him a fortune to do so.
However, with Sara, it was far too late. Starting once again with another home builder and losing the deposit she had actually already paid wasn’t an alternative. So she wound up needing to finance the extra $35,000 from her parents and chalk it up to one of those lifes lessons.
Rahul and Sara are just some of the numerous first home buyers that discover themselves in a really difficult circumstance due to the fact that they have actually decided (and parted with a lot of cash) without having all the details and help from experts, that they required.
And we truly don’t want that to happen to you!
That’s why we started the First Home Buyer Accelerator to assist first-time purchasers through the entire procedure so you don’t make any of the expensive and common errors we see far too often.
It’s their role to ask all of those concerns that Rahul and Sara ought to have asked. It’s their role to find you the very best deal and it’s their role to ensure you move into your first home happy and ecstatic.
Imagine having assurance that when you do find your best first home, you know you’re making the right choice.
In just a quick 10 minute call, you’ll get to speak to one of our experts before you making a decision you may later on regret and you’ll also discover immediately if you get approved for help finding, buying and building your brand-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.