We know it’s a very exciting time buying and building your first home, however, it doesn’t always end up that way for a good deal of first time home buyers.
A lot of times we see individuals squandering hundreds of thousands of dollars on a new house & land package due to the fact that they thought they were getting themselves a great deal.
But keep in mind, if it sounds too great to be true, it usually is!
See, some home builders ‘hide’ their additional costs and do not offer you fixed upfront ‘quotes’. Meaning that ‘quote’ they simply offered you, will most definitely NOT be the final 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 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 due to the fact that you’re losing out on inclusions that need to really come as standard (and they’ll be making you pay for them later), or you’re going to be paying additional for ‘site costs’ so the builder can make up their original price gap.
We hear a great deal of scary stories from first home buyers 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 approached us after spending his whole $25,000 deposit to lock in a block of land that no Company wanted to build on (plus the worst part was, he thought he ‘d got himself a cheap rate, but he ‘d actually paid more than what it was worth and really didn’t need to turn over a 10% deposit either).
Sara, unfortunately, came to us after she ‘d already signed agreements with a well known Company and paid her deposit, just to later be struck with an additional $35,000 in ‘unexpected’ costs (for items she thought were included in the initial quote) and had no thought of how she ‘d pay for them.
Thankfully, with Rahul, one of our new home land specialists were able to help him discover 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 far too late. Starting once again with another Company and losing the deposit she had actually previously paid wasn’t an alternative. So she wound up having to borrow the additional $35,000 from her parents and chalk it up to one of lifes lessons.
Rahul and Sara are simply some of the many first home buyers that discover themselves in a really confronting situation due to the fact that they have actually made a decision (and parted with a great deal of money) without having all the details and support from specialists, 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 guide novice new home buyers through the whole process so you do not make any of the pricey and common mistakes we see far frequently.
It’s their role to ask all of those questions 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 home happy and thrilled.
Think of having assurance that when you do locate your best first home, you know you’re making the ideal choice.
In simply a fast 10 minute call, you’ll get to speak to one of our specialists before you making a decision you might later regret and you’ll also discover immediately if you qualify for assistance 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.