We know it’s a very amazing time buying and building your first home, nevertheless, it does not constantly end up that like that for lots of first home purchasers.
A lot of times we see individuals squandering hundreds of thousands of their hard earned money on a new house & land bundle since they thought they were getting themselves a good deal.
But remember, if it sounds too good to be true, it normally is!
See, some home builders ‘hide’ their additional costs and do not give you fixed upfront ‘costs’. Suggesting that ‘quote’ they just provided you, will most absolutely NOT be the total cost you have to pay.
And that’s when you should be asking yourself, why?
If you’re being sold any home and land packages that are tens of thousands of dollars cheaper than other comparable homes you have actually looked at … there is most likely a good reason why.
The majority of the time it’s since you’re losing out on inclusions that need to 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 catch up their original price gap.
We hear a lot of scary stories from first home purchasers that get a little bit too fired up and sadly didn’t do adequate due diligence prior to parting with their hard-earned money.
Rahul was among them. He approached us after spending 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 cheap price, however he ‘d really paid more than what it was valued at and actually didn’t need to hand over a 10% deposit either).
Sara, sadly, 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 additional $35,000 in ‘unexpected’ costs (for items she thought were inclusive in the original quote) and had no idea how she ‘d cover the costs.
Luckily, with Rahul, among our new home experts had the ability to help him find a 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 far too late. Starting again with another builder and losing the deposit she had actually previously paid wasn’t an option. So she wound up having to finance the additional $35,000 from her parents and chalk it up to one of those lifes lessons.
Rahul and Sara are just a few of the numerous first home purchasers that find themselves in a truly stressful scenario since they have actually made a decision (and parted with a lot of money) without having all the info and support from experts, that they needed.
And we honestly do not want that to happen to you!
That’s why we started the First Home Buyer Accelerator to guide novice purchasers through the entire process so you do not make any of the costly and typical errors we see far too often.
It’s their role to ask all of those concerns that Rahul and Sara should have asked. It’s their role to find you the best offer and it’s their role to make certain you move into your first home pleased and ecstatic.
Picture having peace of mind that when you do find your perfect first home, you know you’re making the best decision.
In just a quick 10 minute call, you’ll get to speak with one of our experts prior to you deciding you may later on regret and you’ll also find out right away if you receive 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.