We understand it’s an extremely thrilling time purchasing and building your first home, nevertheless, it doesn’t constantly end up that like that for a good deal of first time home purchasers.
A lot of times we see individuals squandering hundreds of thousands of their hard earned money on a new home & land package because they believed they were getting themselves a good deal.
However remember, if it sounds too good to be true, it generally is!
See, some builders ‘conceal’ their additional fees and do not offer you fixed upfront ‘costs’. Meaning that ‘quote’ they just provided you, will most definitely NOT be the total cost you need 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 less expensive than other comparable houses you‘ve taken a look at … there is most likely a great reason why.
The majority of the time it’s because you’re missing out on extras that need to 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 builder can catch up their original price shortfall.
We hear a great deal of horror stories from first home purchasers that get a little bit too excited and unfortunately didn’t do adequate research prior to parting with their hard-earned money.
Rahul was among them. He approached us after spending his entire $25,000 deposit to secure a block of land that no home builder wished to build on (plus the worst part was, he believed he ‘d got himself an inexpensive price, but he ‘d really paid more than what it was valued at and truly didn’t require to turn over a 10% deposit either).
Sara, unfortunately, came to us after she ‘d already signed contracts with a well known home builder and paid her deposit, just to later on be struck with an extra $35,000 in ‘unforeseen’ expenses (for extras she believed were included in the initial quote) and had no idea how she ‘d pay for them.
Thankfully, with Rahul, one of our new home professionals had the ability to assist him discover a builder that specialised in working on smaller narrow blocks of land and wasn’t going to charge him a fortune to do so.
However, with Sara, it was too late. Starting again with another builder and losing the deposit she had actually previously paid wasn’t a choice. So she wound up needing 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 just some of the numerous first home purchasers that discover themselves in a truly stressful circumstance because they‘ve made a decision (and parted with a great deal of cash) without having all the information and help from professionals, that they required.
And we truly do not want that to happen to you!
That’s why we began the First Home Buyer Accelerator to guide novice purchasers through the entire process 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 questions that Rahul and Sara ought to have asked. It’s their role to locate you the best offer and it’s their role to ensure you move into your first home delighted and proud.
Imagine having assurance that when you do locate your best first home, you know you’re making the right choice.
In just a quick 10 minute call, you’ll get to speak with one of our professionals prior to you making a decision you may later on regret and you’ll also learn right away if you qualify for help finding, purchasing and building your 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.