We know it’s a very thrilling time purchasing and building your very first home, however, it does not constantly end up that like that for many first home buyers.
Too many times we see people squandering hundreds of thousands of dollars on a new home & land bundle since they believed they were getting themselves a great deal.
However remember, if it sounds too good to be real, it normally is!
See, some builders ‘hide’ their additional costs and do not give you fixed upfront ‘quotes’. Suggesting that ‘quote’ they simply provided you, will most definitely NOT be the total amount you need to pay.
Which’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 comparable homes you have actually looked at … there is most likely a great reason why.
The majority of the time it’s since you’re missing out on inclusions that should actually come as standard (and they’ll be making you pay for them later), or you’re going to be paying additional for ‘site costs’ so the builder can make up their original price shortfall.
We hear a great deal of scary stories from very first home buyers that get a little bit too fired up and regrettably didn’t do sufficient research before parting with their hard-earned cash.
Rahul was among them. He came to us after using his entire $25,000 deposit to lock in a block of land that no Company wished to develop on (plus the worst part was, he believed he ‘d got himself an inexpensive cost, however he ‘d really paid more than what it was valued at and really didn’t need to hand over a 10% deposit either).
Sara, regrettably, contacted us after she ‘d just signed agreements with a big Company and paid her deposit, just to later be struck with an extra $35,000 in ‘unanticipated’ costs (for extras she believed were inclusive in the original quote) and had no idea how she ‘d pay for them.
Fortunately, with Rahul, one of our new home land professionals had the ability to help him discover a builder that specialised in building on smaller narrow blocks of land and wasn’t going to charge him a fortune to do so.
But, with Sara, it was far too late. Starting again with another builder and losing the deposit she ‘d previously paid wasn’t a choice. So she ended up needing to finance the additional $35,000 from her parents and chalk it up to one of lifes lessons.
Rahul and Sara are simply a few of the numerous very first home buyers that discover themselves in a truly difficult situation since they have actually decided (and parted with a great deal of money) without having all the details and help from professionals, that they required.
And we truly do not want 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 procedure so you do not make any of the expensive and typical 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 locate you the very best offer and it’s their role to make sure you move into your very first home pleased and excited.
Think of having peace of mind that when you do locate your best very first home, you know you’re making the ideal decision.
In simply a quick 10 minute call, you’ll get to talk with one of our professionals before you making a decision you may later regret and you’ll also learn immediately 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.