We understand it’s a very exciting time purchasing and building your very first home, however, it doesn’t constantly wind up that way for many first time home purchasers.
A lot of times we see individuals wasting hundreds of thousands of dollars on a new house & land bundle due to the fact that they thought they were getting themselves a great deal.
However remember, if it sounds too great to be true, it generally is!
See, some home builders ‘hide’ their extra charges and don’t provide you fixed upfront ‘costs’. Suggesting that ‘quote’ they just gave you, will most certainly NOT be the total cost you need to pay.
And that’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 have actually looked at … there is most likely a good reason why.
The majority of the time it’s due to the fact that you’re missing out on extras that should actually come as standard (and they’ll be making you pay for them later), or you’re going to be paying extra for ‘site costs’ so the builder can catch up their original price shortfall.
We hear a lot of scary stories from very first home purchasers that get a little bit too excited and unfortunately didn’t do enough due diligence before parting with their hard-earned money.
Rahul was one of them. He approached us after using his whole $25,000 deposit to lock in a block of land that no home builder wished to build on (plus the worst part was, he thought he ‘d got himself a low-cost price, but he ‘d really paid more than what it was valued at and actually didn’t require to turn over a 10% deposit either).
Sara, unfortunately, came to us after she ‘d already signed agreements with a big home builder and paid her deposit, just to later be struck with an additional $35,000 in ‘unexpected’ costs (for extras she thought were included in the initial quote) and had no idea how she ‘d cover the costs.
Thankfully, with Rahul, among our new home land professionals had the ability 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 too late. Starting again with another home builder and losing the deposit she ‘d previously paid wasn’t a choice. So she ended up having to borrow the extra $35,000 from her parents and chalk it up to one of those lifes lessons.
Rahul and Sara are just some of the numerous very first home purchasers that find themselves in a really difficult circumstance due to the fact that they have actually decided (and parted with a lot of savings) without having all the info and assistance from professionals, that they required.
And we truly don’t want that to occur to you!
That’s why we started the First Home Buyer Accelerator to assist first-time new home buyers through the whole process so you don’t make any of the costly and common 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 very best offer and it’s their role to make sure you move into your very first home happy and excited.
Imagine having peace of mind that when you do find your best very first home, you understand you’re making the best decision.
In just a quick 10 minute call, you’ll get to consult with one of our professionals before you deciding you might later regret and you’ll also discover right away 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.