We understand it’s a really amazing time purchasing and building your very first home, nevertheless, it does not always wind up that way for lots of first time home buyers.
Too many times we see individuals wasting hundreds of thousands of dollars on a new home & land package because they thought they were getting themselves a good deal.
But keep in mind, if it sounds too great to be true, it usually is!
See, some home builders ‘conceal’ their additional costs and do not offer you fixed upfront ‘quotes’. Meaning that ‘quote’ they simply gave you, will most certainly NOT be the total cost you have to pay.
Which’s when you should be asking yourself, why?
If you’re being sold any home and land packages that are 10s of thousands of dollars less expensive than other comparable houses you‘ve looked at … there is most likely a great reason why.
The majority 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 on), or you’re going to be paying additional for ‘site costs’ so the home builder can catch up their original price shortfall.
We hear a lot of scary stories from very first home buyers that get a bit too excited and regrettably didn’t do sufficient due diligence prior to parting with their hard-earned money.
Rahul was one of them. He approached us after using his entire $25,000 deposit to secure a block of land that no builder wanted to develop on (plus the worst part was, he thought he ‘d got himself a low-cost rate, but he ‘d really paid more than what it was valued at and truly didn’t need to hand over a 10% deposit either).
Sara, regrettably, contacted us after she ‘d already signed agreements with a well known builder and paid her deposit, just to later on be struck with an additional $35,000 in ‘unexpected’ costs (for extras she thought were inclusive in the initial quote) and had no thought of how she ‘d pay for them.
Luckily, with Rahul, among our new home build specialists had the ability to help him find a builder that specialised in building on smaller sized narrow blocks of land and wasn’t going to charge him a fortune to do so.
But, with Sara, it was far too late. Beginning once again with another home builder and losing the deposit she ‘d previously paid wasn’t an alternative. So she wound 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 simply a few of the numerous very first home buyers that find themselves in a truly confronting circumstance because they‘ve made a decision (and parted with a lot of money) without having all the details and assistance from specialists, that they needed.
And we honestly do not want that to happen to you!
That’s why we started the First Home Buyer Accelerator to direct novice new home buyers through the entire process so you do not make any of the expensive and common errors we see far too often.
It’s their role to ask all of those concerns that Rahul and Sara should have asked. It’s their role to locate you the best deal and it’s their role to make sure you move into your very first home happy and excited.
Picture having assurance that when you do locate your best very first home, you understand you’re making the right decision.
In simply a quick 10 minute call, you’ll get to speak to one of our specialists prior to you deciding you might later on regret and you’ll also find out instantly if you get approved for help 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.