We know it’s an extremely exciting time purchasing and building your first house, however, it doesn’t constantly end up that way for a good deal of first house purchasers.
A lot of times we see individuals losing hundreds of thousands of dollars on a brand-new house & land package because they believed they were getting themselves a great deal.
But keep in mind, if it sounds too great to be true, it normally is!
See, some home builders ‘conceal’ their additional charges and do not provide you fixed upfront ‘quotes’. Suggesting that ‘quote’ they just gave you, will most definitely NOT be the total cost you have to pay.
And that’s when you should be asking yourself, why?
If you’re being sold any house and land packages that are tens of thousands of dollars less expensive than other comparable homes you‘ve looked at … there is probably a good reason why.
Most of the time it’s because you’re missing out on inclusions that must really come as standard (and they’ll be making you pay for them later), or you’re going to be paying additional for ‘site expenses’ so the contractor can make up their original price shortfall.
We hear a lot of scary stories from first house purchasers that get a little bit too excited and unfortunately didn’t do sufficient research before parting with their hard-earned cash.
Rahul was among them. He approached us after spending his whole $25,000 deposit to secure a block of land that no Company wanted to construct a house on (plus the worst part was, he believed he ‘d got himself an inexpensive rate, however he ‘d in fact paid more than what it was worth and truly didn’t need to hand over a 10% deposit either).
Sara, unfortunately, contacted us after she ‘d just signed agreements with a well known Company and paid her deposit, only to later be hit with an extra $35,000 in ‘unexpected’ expenses (for items 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 brand-new house build professionals had the ability to assist him find a builder that specialised in building on smaller 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 builder and losing the deposit she had actually previously paid wasn’t a choice. So she ended up having to borrow the additional $35,000 from her parents and chalk it up to one of those lifes lessons.
Rahul and Sara are just some of the numerous first house purchasers that find themselves in a truly confronting situation because they‘ve decided (and parted with a lot of money) without having all the details and assistance from professionals, that they needed.
And we truly do not wish that to occur to you!
That’s why we started the First Home Buyer Accelerator to guide first-time new home buyers through the whole procedure so you do not make any of the expensive 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 find you the best deal and it’s their job to make sure you move into your first house delighted and ecstatic.
Think of having comfort that when you do find your ideal first house, you know you’re making the right decision.
In just a quick 10 minute call, you’ll get to talk to one of our professionals before you deciding you might later regret and you’ll also discover immediately if you qualify for assistance finding, purchasing and building your brand-new 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.