We know it’s a very exciting time purchasing and building your first home, nevertheless, it does not always end up that way for lots of first time home buyers.
A lot of times we see individuals squandering hundreds of thousands of dollars on a brand-new home & land package because they thought they were getting themselves a good deal.
But remember, if it sounds too good to be real, it generally is!
See, some Companies ‘conceal’ their extra fees and don’t give you fixed upfront ‘costs’. Suggesting that ‘quote’ they just offered you, will most absolutely NOT be the final cost you have to pay.
Which’s when you should be asking yourself, why?
If you’re being offered any home and land packages that are tens of thousands of dollars less expensive than other similar houses you‘ve looked at … there is probably an excellent reason why.
The majority of the time it’s because you’re missing out on extras that must really come as standard (and they’ll be making you pay for them later), or you’re going to be paying extra for ‘site expenses’ so the home builder can catch up their original price gap.
We hear a lot of horror stories from first home buyers that get a bit too excited and unfortunately didn’t do sufficient research before parting with their hard-earned money.
Rahul was among them. He approached us after using his entire $25,000 deposit to secure a block of land that no builder wished to build on (plus the worst part was, he thought he ‘d got himself a cheap rate, however he ‘d actually paid more than what it was worth and really didn’t need to hand over a 10% deposit either).
Sara, unfortunately, approached us after she ‘d just signed contracts with a well known builder and paid her deposit, just to later be struck with an extra $35,000 in ‘unexpected’ expenses (for items she thought were inclusive in the original quote) and had no idea how she ‘d pay for them.
Thankfully, with Rahul, among our brand-new home specialists were able to help him discover a home builder that specialised in working 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. Beginning again with another home builder and losing the deposit she ‘d 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 lifes lessons.
Rahul and Sara are just some of the many first home buyers that discover themselves in a really difficult situation because they‘ve made a decision (and parted with a lot of savings) without having all the info and assistance from specialists, that they required.
And we really don’t want that to happen to you!
That’s why we began the First Home Buyer Accelerator to guide novice new home buyers through the entire procedure so you don’t make any of the expensive and common errors we see far frequently.
It’s their job to ask all of those concerns that Rahul and Sara ought to have asked. It’s their job to find you the best offer and it’s their job to make certain you move into your first home delighted and thrilled.
Think of having comfort that when you do find your best first home, you understand you’re making the ideal choice.
In just a quick 10 minute call, you’ll get to speak with one of our specialists before you deciding you might later regret and you’ll also discover right away if you get approved for help finding, purchasing 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.