We know it’s an extremely exciting time buying and building your first home, nevertheless, it does not always end up that way for lots of first time home buyers.
Too many times we see individuals squandering hundreds of thousands of their hard earned money on a new home & land bundle since they believed they were getting themselves a great deal.
However keep in mind, if it sounds too great to be real, it typically is!
See, some home builders ‘hide’ their additional costs and do not offer you fixed upfront ‘costs’. Meaning that ‘quote’ they simply offered you, will most definitely NOT be the final amount you need to pay.
Which’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 houses you have actually looked at … there is probably an excellent reason why.
Most of the time it’s since you’re losing out on inclusions that must actually come as standard (and they’ll be making you pay for them later), or you’re going to be paying additional for ‘site expenses’ so the contractor can make up their original price gap.
We hear a lot of scary stories from first home buyers that get a bit too fired up and unfortunately didn’t do sufficient research prior to parting with their hard-earned cash.
Rahul was among them. He came to us after using his whole $25,000 deposit to lock in a block of land that no Company wanted to construct a house on (plus the worst part was, he believed he ‘d got himself a cheap rate, but he ‘d in fact paid more than what it was worth and actually didn’t need to hand over a 10% deposit either).
Sara, unfortunately, contacted us after she ‘d already signed agreements with a big Company and paid her deposit, only to later be struck with an additional $35,000 in ‘unexpected’ expenses (for items she believed were inclusive in the original quote) and had no idea how she ‘d cover the costs.
Thankfully, with Rahul, among our new home build experts had the ability to help him discover a builder that specialised in building on smaller 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 builder and losing the deposit she had actually already paid wasn’t an option. So she wound up needing to finance the additional $35,000 from her mum and dad and chalk it up to one of lifes lessons.
Rahul and Sara are simply some of the many first home buyers that discover themselves in a really confronting scenario since they have actually made a decision (and parted with a lot of money) without having all the information and help from experts, that they needed.
And we truly do not wish that to happen to you!
That’s why we began the First Home Buyer Accelerator to direct novice purchasers through the whole procedure 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 locate you the best offer and it’s their role to ensure you move into your first home delighted and ecstatic.
Think of having peace of mind that when you do locate your perfect first home, you understand you’re making the right choice.
In simply a quick 10 minute call, you’ll get to consult with one of our experts prior to you making a decision you may later regret and you’ll also discover instantly if you qualify for help 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.