We understand it’s a really thrilling time purchasing and building your first house, nevertheless, it does not always end up that way for many first house purchasers.
A lot of times we see people squandering hundreds of thousands of dollars on a new house & land package because they believed they were getting themselves a good deal.
But remember, if it sounds too great to be true, it normally is!
See, some home builders ‘hide’ their additional costs and do not provide you fixed upfront ‘quotes’. Indicating that ‘quote’ they just gave you, will most definitely NOT be the final amount 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 similar houses you‘ve looked at … there is probably an excellent reason why.
Most 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), or you’re going to be paying additional for ‘site costs’ so the builder can make up their original price gap.
We hear a lot of scary stories from first house purchasers that get a bit too fired up and regrettably didn’t do sufficient due diligence before parting with their hard-earned cash.
Rahul was one of them. He approached us after using his entire $25,000 deposit to secure a block of land that no Company wished to build on (plus the worst part was, he believed he ‘d got himself a low-cost cost, but he ‘d actually paid more than what it was valued at and truly didn’t require to turn over a 10% deposit either).
Sara, regrettably, came to us after she ‘d just signed agreements with a well known Company and paid her deposit, only to later be hit with an additional $35,000 in ‘unanticipated’ costs (for extras she believed were included in the original quote) and had no thought of how she ‘d pay for them.
Fortunately, with Rahul, among our new house professionals were able to assist him find a home builder that specialised in building on smaller sized narrow blocks of land and wasn’t going to charge him a fortune to do so.
However, with Sara, it was too late. Beginning again with another builder and losing the deposit she ‘d already paid wasn’t an option. So she ended up needing to finance the additional $35,000 from her parents and chalk it up to one of lifes lessons.
Rahul and Sara are just a few of the numerous first house purchasers that find themselves in a really difficult circumstance because they‘ve decided (and parted with a lot of money) without having all the information and assistance from professionals, that they required.
And we honestly do not wish that to happen to you!
That’s why we started the First Home Buyer Accelerator to guide novice new home buyers through the entire procedure so you do not make any of the expensive and common errors we see far frequently.
It’s their job to ask all of those concerns 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 ensure you move into your first house delighted and ecstatic.
Think of having assurance that when you do locate your perfect first house, you understand you’re making the best choice.
In just a fast 10 minute call, you’ll get to talk to one of our professionals before you making a decision you may later regret and you’ll also discover right away if you qualify for help finding, purchasing and building your 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.