We understand it’s an extremely exciting time buying and building your first house, nevertheless, it doesn’t always wind up that like that for lots of first time house purchasers.
A lot of times we see people wasting hundreds of thousands of dollars on a new home & land bundle due to the fact that they thought they were getting themselves a great deal.
However keep in mind, if it sounds too great to be real, it normally is!
See, some home builders ‘hide’ their extra fees and do not give you fixed upfront ‘quotes’. Meaning that ‘quote’ they just offered you, will most certainly NOT be the final cost you have to pay.
And that’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 homes you‘ve taken a look at … there is most likely an excellent reason why.
The majority of the time it’s due to the fact that you’re missing out on inclusions that ought to 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 home builder can make up their original price shortfall.
We hear a great deal of horror stories from first house purchasers that get a little bit too fired up and regrettably didn’t do adequate due diligence prior to parting with their hard-earned cash.
Rahul was among them. He approached us after spending his entire $25,000 deposit to secure a block of land that no home builder wanted to construct a house on (plus the worst part was, he thought he ‘d got himself a low-cost rate, however he ‘d really paid more than what it was worth and truly didn’t need to turn over a 10% deposit either).
Sara, regrettably, contacted us after she ‘d just signed contracts with a big home builder and paid her deposit, just to later be struck with an additional $35,000 in ‘unforeseen’ costs (for items she thought were inclusive in the original quote) and had no idea how she ‘d pay for them.
Luckily, with Rahul, among our new house professionals were able to help him find a home builder that specialised in working 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. Beginning again with another home 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 purchasers that find themselves in a truly stressful situation due to the fact that they‘ve made a decision (and parted with a great deal of savings) without having all the info and support from professionals, that they required.
And we truly do not wish that to occur to you!
That’s why we began the First Home Buyer Accelerator to guide first-time new home buyers through the entire process 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 questions that Rahul and Sara ought to have asked. It’s their job to locate you the very best deal and it’s their job to make sure you move into your first house delighted and ecstatic.
Picture having peace of mind that when you do locate your best first house, you know you’re making the best decision.
In just a quick 10 minute call, you’ll get to talk with one of our professionals prior to you making a decision you may later regret and you’ll also learn right away if you get approved for assistance finding, buying 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.