We understand it’s a very exciting time purchasing and building your very first house, nevertheless, it doesn’t constantly wind up that like that for many first house buyers.
A lot of times we see individuals losing hundreds of thousands of dollars on a new house & land package due to the fact that they thought they were getting themselves a great deal.
However remember, if it sounds too great to be real, it normally is!
See, some Companies ‘conceal’ their additional fees and don’t give you fixed upfront ‘costs’. Suggesting that ‘quote’ they simply offered you, will most absolutely NOT be the total cost you have to pay.
Which’s when you should be asking yourself, why?
If you’re being sold any house and land packages that are tens of thousands of dollars less expensive than other similar homes you have actually taken a look at … there is most likely a great reason why.
The majority of the time it’s due to the fact that you’re missing out on inclusions that ought 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 contractor can make up their original price shortfall.
We hear a great deal of horror stories from very first house buyers that get a bit too excited and regrettably didn’t do sufficient research prior to parting with their hard-earned money.
Rahul was one of them. He approached us after spending his whole $25,000 deposit to lock in a block of land that no home builder wished to construct a house on (plus the worst part was, he thought he ‘d got himself an inexpensive cost, however he ‘d actually paid more than what it was valued at and truly didn’t require to hand over a 10% deposit either).
Sara, regrettably, approached us after she ‘d just signed contracts with a well known home builder and paid her deposit, only to later on be hit with an additional $35,000 in ‘unexpected’ expenses (for items she thought were inclusive in the original quote) and had no thought of how she ‘d cover the costs.
Fortunately, with Rahul, among our new house build experts had the ability to assist him find a home 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 too late. Beginning again with another builder and losing the deposit she had actually previously 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 simply a few of the many very first house buyers that find themselves in a truly stressful scenario due to the fact that they have actually decided (and parted with a great deal of savings) without having all the information and support from experts, that they needed.
And we really don’t wish that to occur to you!
That’s why we started the First Home Buyer Accelerator to assist first-time new home buyers through the whole process so you don’t make any of the costly and typical 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 find you the best deal and it’s their role to ensure you move into your very first house happy and thrilled.
Think of having assurance that when you do find your ideal very first house, you know you’re making the right decision.
In simply a quick 10 minute call, you’ll get to speak to one of our experts prior to you deciding you might later on regret and you’ll also find out right away if you qualify for help finding, purchasing and building your new very 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.