We know it’s a really exciting time purchasing and building your very first home, however, it doesn’t always end up that like that for many first time home purchasers.
Too many times we see individuals wasting hundreds of thousands of their hard earned money on a new home & land bundle since they thought they were getting themselves a good deal.
However keep in mind, if it sounds too good to be real, it typically is!
See, some builders ‘conceal’ their additional fees and don’t offer you fixed upfront ‘quotes’. Suggesting that ‘quote’ they just offered you, will most definitely NOT be the final amount you have to pay.
Which’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 comparable houses you have actually taken a look at … there is probably a great reason why.
Most of the time it’s since you’re losing out on extras that should actually come as standard (and they’ll be making you pay for them later on), or you’re going to be paying additional for ‘site costs’ so the contractor can catch up their original price gap.
We hear a lot of horror stories from very first home purchasers that get a little bit too fired up and sadly didn’t do sufficient due diligence prior to parting with their hard-earned cash.
Rahul was one of them. He came to us after spending his entire $25,000 deposit to secure a block of land that no builder wanted to build on (plus the worst part was, he thought he ‘d got himself a low-cost rate, however he ‘d really paid more than what it was worth and truly didn’t require to hand over a 10% deposit either).
Sara, sadly, came to us after she ‘d already signed contracts with a well known builder and paid her deposit, just to later on be struck with an extra $35,000 in ‘unforeseen’ costs (for extras 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 professionals were able to help him find a home builder that specialised in building on smaller sized narrow blocks of land and wasn’t going to charge him a fortune to do so.
But, with Sara, it was too late. Starting again with another home builder and losing the deposit she ‘d previously paid wasn’t an option. So she ended up having to borrow the additional $35,000 from her parents and chalk it up to one of lifes lessons.
Rahul and Sara are just a few of the many very first home purchasers that find themselves in a really confronting situation since they have actually made a decision (and parted with a lot of cash) without having all the info and help from professionals, that they required.
And we really don’t wish that to occur to you!
That’s why we started the First Home Buyer Accelerator to direct first-time new home buyers through the entire process so you don’t make any of the expensive and common errors we see far frequently.
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 offer and it’s their role to make sure you move into your very first home pleased and ecstatic.
Picture having comfort that when you do find your best very first home, you understand you’re making the best choice.
In just a quick 10 minute call, you’ll get to speak to one of our professionals prior to you deciding you may later on regret and you’ll also learn instantly if you get approved for assistance 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.