We know it’s an extremely amazing time purchasing and building your first home, however, it does not always wind up that way for lots of first home buyers.
A lot of times we see people squandering hundreds of thousands of dollars on a brand-new house & land package due to the fact that they believed they were getting themselves a great deal.
But remember, if it sounds too good to be real, it normally is!
See, some builders ‘hide’ their extra charges and don’t offer you fixed upfront ‘costs’. Indicating 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 offered any home and land packages that are 10s of thousands of dollars cheaper than other similar houses you have actually taken a look at … there is probably an excellent reason why.
Most of the time it’s due to the fact that you’re losing out on inclusions that should 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 make up their original price shortfall.
We hear a great deal of scary stories from first home buyers that get a bit too excited and sadly didn’t do enough research prior to parting with their hard-earned cash.
Rahul was among them. He approached us after using his whole $25,000 deposit to lock in a block of land that no Company wished to construct a house on (plus the worst part was, he believed he ‘d got himself a low-cost cost, but he ‘d really paid more than what it was worth and truly didn’t need to hand over a 10% deposit either).
Sara, sadly, approached us after she ‘d already signed contracts with a big Company and paid her deposit, only to later on be struck with an extra $35,000 in ‘unexpected’ expenses (for extras she believed were included in the initial quote) and had no idea how she ‘d cover the costs.
Luckily, with Rahul, one of our brand-new home build professionals had the ability to assist him discover 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 far too late. Starting again with another home builder and losing the deposit she had actually already paid wasn’t a choice. So she wound 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 many first home buyers that discover themselves in a really difficult circumstance due to the fact that they have actually made a decision (and parted with a great deal of savings) without having all the details and assistance from professionals, that they needed.
And we truly don’t want that to happen to you!
That’s why we began the First Home Buyer Accelerator to guide first-time purchasers through the whole procedure so you don’t make any of the expensive and typical mistakes we see far frequently.
It’s their job to ask all of those questions that Rahul and Sara ought to have asked. It’s their job to locate you the very best offer and it’s their job to make sure you move into your first home happy and excited.
Think of having comfort that when you do locate your ideal first home, you understand you’re making the right decision.
In just a fast 10 minute call, you’ll get to speak with one of our professionals prior to you making a decision you might later on regret and you’ll also learn instantly if you get approved for help finding, purchasing 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.