We know it’s an extremely thrilling time buying and building your very first house, nevertheless, it does not constantly end up that way for a good deal of first time house buyers.
A lot of times we see people squandering hundreds of thousands of dollars on a new home & land bundle since they thought they were getting themselves a great deal.
But keep in mind, if it sounds too good to be true, it typically is!
See, some builders ‘hide’ their extra costs and do not offer you fixed upfront ‘costs’. Meaning that ‘quote’ they simply offered 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 similar houses you‘ve taken a look at … there is most likely a great reason why.
Most of the time it’s since you’re losing out on extras that ought to actually 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 home builder can make up their original price gap.
We hear a lot of scary stories from very first house buyers that get a bit too fired up and unfortunately didn’t do enough due diligence prior to parting with their hard-earned money.
Rahul was one of them. He approached us after spending his whole $25,000 deposit to secure a block of land that no Company wished to build on (plus the worst part was, he thought he ‘d got himself a cheap cost, but he ‘d in fact paid more than what it was valued at and really didn’t require to turn over a 10% deposit either).
Sara, unfortunately, contacted us after she ‘d already signed contracts with a big Company and paid her deposit, only to later on be hit with an additional $35,000 in ‘unanticipated’ costs (for items she thought were included in the original quote) and had no thought of how she ‘d pay for them.
Thankfully, with Rahul, one of our new house professionals were able to assist him discover a home 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 Company and losing the deposit she had actually already paid wasn’t an option. So she ended up having to borrow the extra $35,000 from her parents and chalk it up to one of those lifes lessons.
Rahul and Sara are simply a few of the numerous very first house buyers that discover themselves in a truly difficult scenario since they‘ve made a decision (and parted with a lot of money) without having all the details and help from professionals, that they required.
And we truly do not wish that to happen to you!
That’s why we started the First Home Buyer Accelerator to guide novice new home buyers through the whole procedure so you do not make any of the pricey and common errors we see far too often.
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 offer and it’s their role to make sure you move into your very first house happy and ecstatic.
Imagine having peace of mind that when you do locate your best very first house, you understand you’re making the right decision.
In simply a fast 10 minute call, you’ll get to talk with one of our professionals prior to you making a decision you might later on regret and you’ll also discover instantly if you get approved for assistance finding, buying and building your new very 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.