We know it’s an extremely thrilling time purchasing and building your very first house, however, it doesn’t constantly wind up that way for lots of first time house purchasers.
Too many times we see people wasting hundreds of thousands of dollars on a new house & land bundle because they thought they were getting themselves a great deal.
But remember, if it sounds too great to be true, it generally is!
See, some home builders ‘hide’ their additional charges and do not give you fixed upfront ‘costs’. Suggesting that ‘quote’ they simply offered you, will most definitely NOT be the final cost you have to pay.
And that’s when you should be asking yourself, why?
If you’re being offered any house 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 a great reason why.
The majority of the time it’s because you’re missing out on extras that must 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 expenses’ so the home builder can catch up their original price shortfall.
We hear a lot of horror stories from very first house purchasers that get a little bit too excited and sadly didn’t do adequate due diligence before parting with their hard-earned money.
Rahul was one of them. He came to us after using his whole $25,000 deposit to lock in a block of land that no builder wanted to develop on (plus the worst part was, he thought he ‘d got himself an inexpensive rate, however he ‘d really paid more than what it was valued at and truly didn’t require to hand over a 10% deposit either).
Sara, sadly, contacted us after she ‘d already signed contracts with a big builder and paid her deposit, just to later on be hit with an extra $35,000 in ‘unanticipated’ expenses (for extras she thought were inclusive in the initial quote) and had no thought of how she ‘d cover the costs.
Luckily, with Rahul, one of our new house land professionals had the ability to assist 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.
However, with Sara, it was too late. Beginning once again with another home builder and losing the deposit she had actually previously paid wasn’t an alternative. So she wound up having to borrow the additional $35,000 from her mum and dad and chalk it up to one of those lifes lessons.
Rahul and Sara are simply a few of the many very first house purchasers that find themselves in a really confronting situation because they have actually decided (and parted with a lot of savings) without having all the details and assistance from professionals, that they required.
And we truly do not wish that to happen to you!
That’s why we began the First Home Buyer Accelerator to guide first-time purchasers through the whole process so you do not make any of the pricey and typical errors we see far frequently.
It’s their job to ask all of those concerns that Rahul and Sara ought to have asked. It’s their job to locate you the very best deal and it’s their job to ensure you move into your very first house pleased and thrilled.
Imagine having comfort that when you do locate your perfect very first house, you understand you’re making the ideal decision.
In simply a fast 10 minute call, you’ll get to talk to one of our professionals before you making a decision you might later on regret and you’ll also discover right away if you get approved for assistance finding, purchasing and building your new very first house.
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.