We understand it’s a really exciting time purchasing and building your very first house, nevertheless, it does not constantly end up that way for a good deal of first house purchasers.
A lot of times we see people losing hundreds of thousands of their hard earned money on a new home & land package due to the fact that they thought they were getting themselves a great deal.
But remember, if it sounds too good to be true, it generally is!
See, some builders ‘hide’ their additional costs and do not give you fixed upfront ‘quotes’. Indicating that ‘quote’ they just gave you, will most absolutely NOT be the final amount you need to pay.
And that’s when you should be asking yourself, why?
If you’re being sold any house and land packages that are 10s of thousands of dollars cheaper than other comparable homes you‘ve looked at … there is probably a good reason why.
The majority of the time it’s due to the fact that you’re losing out on extras that should really come as standard (and they’ll be making you pay for them later on), or you’re going to be paying additional for ‘site costs’ so the contractor can make up their original price gap.
We hear a lot of scary stories from very first house purchasers that get a bit too fired up and regrettably didn’t do adequate 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 construct a house on (plus the worst part was, he thought he ‘d got himself a low-cost price, however he ‘d in fact paid more than what it was valued at and really didn’t need to hand over a 10% deposit either).
Sara, regrettably, came to us after she ‘d already signed contracts with a well known Company and paid her deposit, just to later on be hit with an extra $35,000 in ‘unexpected’ costs (for items she thought were included in the initial quote) and had no thought of how she ‘d pay for them.
Thankfully, with Rahul, one of our new house professionals had the ability to assist him discover 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.
But, with Sara, it was too late. Beginning once again with another Company and losing the deposit she had actually previously paid wasn’t a choice. So she wound up needing to finance the additional $35,000 from her mum and dad and chalk it up to one of those lifes lessons.
Rahul and Sara are just some of the numerous very first house purchasers that discover themselves in a truly difficult scenario due to the fact that they‘ve decided (and parted with a lot of cash) without having all the details and assistance from professionals, that they needed.
And we honestly do not want that to occur to you!
That’s why we began the First Home Buyer Accelerator to direct novice new home buyers through the entire process so you do not make any of the pricey and typical errors we see far too often.
It’s their role to ask all of those questions that Rahul and Sara ought to have asked. It’s their role to find you the very best offer and it’s their role to ensure you move into your very first house pleased and excited.
Picture having assurance that when you do find your best very first house, you know you’re making the best choice.
In just a fast 10 minute call, you’ll get to consult with one of our professionals before you making a decision you might later on regret and you’ll also find out instantly if you get approved 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.