We know it’s a very exciting time purchasing and building your very first home, however, it doesn’t constantly end up that way for a good deal of first home buyers.
A lot of times we see people losing hundreds of thousands of dollars on a new house & land package since they thought they were getting themselves a good deal.
But keep in mind, if it sounds too great to be true, it typically is!
See, some builders ‘conceal’ their extra fees and do not provide you fixed upfront ‘quotes’. Indicating that ‘quote’ they simply offered you, will most definitely NOT be the final amount you have 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 cheaper than other similar homes you‘ve taken a look at … there is probably an excellent reason why.
Most of the time it’s since you’re missing out on extras that ought to actually come as standard (and they’ll be making you pay for them later), or you’re going to be paying extra for ‘site costs’ so the home builder can make up their original price shortfall.
We hear a great deal of horror stories from very first home buyers that get a little bit too excited and sadly didn’t do enough due diligence prior to parting with their hard-earned cash.
Rahul was one of them. He came to us after using his entire $25,000 deposit to lock in 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 cheap rate, however he ‘d really paid more than what it was valued at and really didn’t need to hand over a 10% deposit either).
Sara, sadly, contacted us after she ‘d already signed contracts with a big home builder and paid her deposit, only to later be struck with an additional $35,000 in ‘unanticipated’ costs (for items she thought were included in the initial quote) and had no idea how she ‘d cover the costs.
Thankfully, with Rahul, among our new home build specialists were able to help him discover a builder that specialised in working 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 once again with another Company and losing the deposit she had actually already paid wasn’t a choice. So she wound up needing to finance the extra $35,000 from her mum and dad and chalk it up to one of those lifes lessons.
Rahul and Sara are simply a few of the numerous very first home buyers that discover themselves in a really confronting circumstance since they‘ve made a decision (and parted with a great deal of money) without having all the details and help from specialists, that they required.
And we honestly do not wish that to occur to you!
That’s why we started the First Home Buyer Accelerator to direct first-time purchasers through the entire process so you do not make any of the expensive and typical mistakes we see far frequently.
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 offer and it’s their job to ensure you move into your very first home delighted and ecstatic.
Think of having comfort that when you do find your perfect very first home, you understand you’re making the best decision.
In simply a quick 10 minute call, you’ll get to speak with one of our specialists prior to you making a decision you may later regret and you’ll also find out instantly if you qualify for help finding, purchasing and building your new very 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.