We know it’s a very exciting time purchasing and building your first house, however, it doesn’t constantly wind up that way for many first time house buyers.
A lot of times we see people squandering hundreds of thousands of their hard earned money on a brand-new house & land package since they believed they were getting themselves a great deal.
But keep in mind, if it sounds too great to be true, it typically is!
See, some home builders ‘hide’ their extra charges and do not offer you fixed upfront ‘quotes’. Indicating that ‘quote’ they just offered you, will most definitely NOT be the final cost you have to pay.
Which’s when you should be asking yourself, why?
If you’re being offered any house and land packages that are 10s of thousands of dollars cheaper than other comparable homes you have actually taken a look at … there is most likely an excellent reason why.
Most of the time it’s since you’re losing 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 extra for ‘site costs’ so the contractor can catch up their original price shortfall.
We hear a great deal of scary stories from first house buyers that get a little bit too excited and regrettably didn’t do sufficient due diligence 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 builder wished to build on (plus the worst part was, he believed he ‘d got himself an inexpensive rate, however he ‘d actually paid more than what it was valued at and really didn’t need to hand over a 10% deposit either).
Sara, regrettably, approached us after she ‘d already signed agreements with a big builder and paid her deposit, only to later be struck with an extra $35,000 in ‘unanticipated’ costs (for items she believed were inclusive in the initial quote) and had no thought of how she ‘d cover the costs.
Fortunately, with Rahul, one of our brand-new house build specialists 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.
But, with Sara, it was far too late. Starting again with another builder and losing the deposit she ‘d previously 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 lifes lessons.
Rahul and Sara are just a few of the many first house buyers that discover themselves in a really difficult circumstance since they have actually made a decision (and parted with a great deal of cash) without having all the information and assistance from specialists, that they needed.
And we honestly do not want that to occur to you!
That’s why we started the First Home Buyer Accelerator to direct first-time purchasers through the whole process so you do not make any of the costly and common mistakes we see far frequently.
It’s their role to ask all of those questions that Rahul and Sara should have asked. It’s their role to locate you the best offer and it’s their role to ensure you move into your first house delighted and excited.
Imagine having assurance that when you do locate your ideal first house, you know you’re making the right choice.
In just a quick 10 minute call, you’ll get to speak with one of our specialists before you making a decision you may later regret and you’ll also discover instantly if you get approved 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.