We know it’s an extremely thrilling time purchasing and building your very first home, however, it does not always end up that like that for a good deal of first time home purchasers.
A lot of times we see people losing hundreds of thousands of dollars on a brand-new house & land bundle due to the fact that they thought they were getting themselves a great deal.
But keep in mind, if it sounds too good to be real, it generally is!
See, some Companies ‘hide’ their extra costs and don’t provide you fixed upfront ‘costs’. Meaning that ‘quote’ they just gave you, will most certainly NOT be the final amount 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 cheaper than other comparable homes you‘ve looked at … there is probably an excellent reason why.
Most of the time it’s due to the fact that you’re missing out on extras that must actually come as standard (and they’ll be making you pay for them later), or you’re going to be paying extra for ‘site expenses’ so the contractor can make up their original price gap.
We hear a lot of scary stories from very first home purchasers that get a little bit too excited and regrettably didn’t do enough due diligence prior to 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 wished to develop on (plus the worst part was, he thought he ‘d got himself a low-cost cost, but he ‘d in fact paid more than what it was valued at and truly didn’t need to hand over a 10% deposit either).
Sara, regrettably, came to us after she ‘d already signed agreements with a well known builder and paid her deposit, only to later be hit with an additional $35,000 in ‘unexpected’ expenses (for extras she thought were included in the initial quote) and had no thought of how she ‘d pay for them.
Fortunately, with Rahul, one of our brand-new home specialists were able to help him find a home 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. Beginning again with another builder and losing the deposit she ‘d already paid wasn’t an alternative. So she ended 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 a few of the many very first home purchasers that find themselves in a truly difficult situation due to the fact that they‘ve made a decision (and parted with a lot of cash) without having all the info and support from specialists, that they needed.
And we honestly don’t wish that to occur to you!
That’s why we started the First Home Buyer Accelerator to assist novice new home buyers through the whole procedure so you don’t make any of the expensive and common mistakes we see far too often.
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 very best deal and it’s their job to ensure you move into your very first home pleased and ecstatic.
Think of having comfort that when you do find your perfect very first home, you understand you’re making the best choice.
In just a quick 10 minute call, you’ll get to talk with one of our specialists prior to you making a decision you may later regret and you’ll also discover right away if you receive help finding, purchasing and building your brand-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.