We understand it’s a very exciting time buying and building your first home, nevertheless, it doesn’t always end up that like that for many first home buyers.
Too many times we see people squandering hundreds of thousands of their hard earned money on a new house & land bundle because they believed they were getting themselves a great deal.
However keep in mind, if it sounds too great to be true, it generally is!
See, some builders ‘conceal’ their extra fees and don’t provide you fixed upfront ‘costs’. Indicating that ‘quote’ they just offered you, will most absolutely NOT be the final amount you need to pay.
Which’s when you should be asking yourself, why?
If you’re being offered any home and land packages that are tens of thousands of dollars cheaper than other similar homes you‘ve taken a look at … there is probably a great reason why.
The majority of the time it’s because you’re losing out on inclusions that must actually come as standard (and they’ll be making you pay for them later on), or you’re going to be paying extra for ‘site costs’ so the home builder can make up their original price shortfall.
We hear a lot of horror stories from first home buyers that get a bit too fired up and sadly didn’t do adequate 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 wanted to build on (plus the worst part was, he believed he ‘d got himself a cheap rate, but he ‘d actually paid more than what it was worth and actually didn’t require to turn over a 10% deposit either).
Sara, sadly, approached us after she ‘d already signed contracts with a well known builder and paid her deposit, only to later on be struck with an additional $35,000 in ‘unforeseen’ costs (for items she believed were included in the original quote) and had no thought of how she ‘d pay for them.
Fortunately, with Rahul, one of our new home build experts were able to help him discover 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 far too late. Starting once again with another home builder and losing the deposit she ‘d already paid wasn’t an option. So she ended up having to finance the extra $35,000 from her parents and chalk it up to one of lifes lessons.
Rahul and Sara are just some of the many first home buyers that discover themselves in a truly confronting situation because they‘ve decided (and parted with a lot of cash) without having all the info and assistance from experts, that they required.
And we really don’t want that to happen to you!
That’s why we began the First Home Buyer Accelerator to assist novice purchasers through the whole process so you don’t make any of the costly and typical 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 locate you the very best offer and it’s their job to ensure you move into your first home happy and excited.
Picture having peace of mind that when you do locate your ideal first home, you understand you’re making the best choice.
In just a fast 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 assistance finding, buying and building your new 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.