We understand it’s a really thrilling time buying and building your first home, however, it does not constantly wind up that way for a good deal of first home buyers.
Too many times we see people squandering hundreds of thousands of dollars on a brand-new house & land package since they believed they were getting themselves a great deal.
However keep in mind, if it sounds too good to be real, it typically is!
See, some home builders ‘hide’ their extra charges and don’t give you fixed upfront ‘costs’. Suggesting that ‘quote’ they just gave you, will most certainly NOT be the final amount you need 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 homes you‘ve taken a look at … there is probably a good reason why.
Most of the time it’s since you’re losing out on inclusions 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 expenses’ so the builder can catch up their original price gap.
We hear a lot of scary stories from first home buyers that get a little bit too fired up and unfortunately didn’t do adequate research before parting with their hard-earned cash.
Rahul was one of them. He approached us after spending his whole $25,000 deposit to lock in 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 price, however he ‘d really paid more than what it was worth and really didn’t require to turn over a 10% deposit either).
Sara, unfortunately, came to us after she ‘d just signed contracts with a big home builder and paid her deposit, just to later on be struck with an additional $35,000 in ‘unforeseen’ expenses (for items she believed were inclusive in the original quote) and had no idea how she ‘d cover the costs.
Thankfully, with Rahul, among our brand-new home build professionals had the ability to help him find a 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. Starting once again with another Company and losing the deposit she ‘d already paid wasn’t a choice. So she ended up having 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 just some of the numerous first home buyers that find themselves in a really stressful scenario since they‘ve made a decision (and parted with a lot of cash) without having all the details and help from professionals, that they needed.
And we honestly don’t want that to happen to you!
That’s why we started the First Home Buyer Accelerator to assist novice purchasers through the whole 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 questions that Rahul and Sara should have asked. It’s their role to find you the best offer and it’s their role to ensure you move into your first home happy and ecstatic.
Think of having peace of mind that when you do find your perfect first home, you understand you’re making the right decision.
In just a fast 10 minute call, you’ll get to talk to one of our professionals before you deciding you may later on regret and you’ll also find out right away if you qualify for help finding, buying 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.