We understand it’s a very exciting time purchasing and building your very first home, however, it doesn’t always wind up that like that for many first time home buyers.
A lot of times we see individuals squandering hundreds of thousands of dollars on a new home & land package since they believed they were getting themselves a good deal.
But remember, if it sounds too good to be real, it generally is!
See, some home builders ‘conceal’ their extra charges and don’t provide you fixed upfront ‘quotes’. Indicating that ‘quote’ they simply gave you, will most definitely NOT be the total amount you have to pay.
And that’s when you should be asking yourself, why?
If you’re being offered any home and land packages that are 10s of thousands of dollars less expensive than other similar houses you have actually looked at … there is most likely an excellent reason why.
Most of the time it’s since you’re losing out on extras that should really 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 contractor can catch up their original price gap.
We hear a lot of horror stories from very first home buyers that get a little bit too fired up and unfortunately didn’t do adequate due diligence before parting with their hard-earned money.
Rahul was among them. He came to us after using his entire $25,000 deposit to secure a block of land that no home builder wished to develop on (plus the worst part was, he believed he ‘d got himself a cheap rate, but he ‘d really paid more than what it was worth and actually didn’t require to turn over a 10% deposit either).
Sara, unfortunately, contacted us after she ‘d just signed agreements with a well known home builder and paid her deposit, just to later on be struck with an extra $35,000 in ‘unanticipated’ costs (for extras she believed were inclusive in the initial quote) and had no thought of how she ‘d pay for them.
Thankfully, with Rahul, one of our new home professionals were able to help him find 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.
But, with Sara, it was far too late. Beginning once again with another Company and losing the deposit she had actually already paid wasn’t an option. So she ended 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 some of the numerous very first home buyers that find themselves in a really confronting scenario since they have actually decided (and parted with a lot of money) without having all the info and support from professionals, that they needed.
And we really don’t want that to happen to you!
That’s why we began the First Home Buyer Accelerator to direct novice new home buyers through the entire process so you don’t make any of the pricey and typical mistakes we see far frequently.
It’s their role to ask all of those questions that Rahul and Sara ought to have asked. It’s their role to find you the best deal and it’s their role to ensure you move into your very first home happy and thrilled.
Imagine having assurance that when you do find your best very first home, you understand you’re making the ideal decision.
In simply a fast 10 minute call, you’ll get to consult with one of our professionals before you deciding you might 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.