We understand it’s a really exciting time purchasing and building your very first home, however, it does not always wind up that like that for a good deal of first time home buyers.
A lot of times we see people wasting hundreds of thousands of dollars on a new home & land bundle because 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 builders ‘hide’ their additional fees and don’t offer you fixed upfront ‘quotes’. Meaning that ‘quote’ they just gave you, will most certainly NOT be the total amount you need to pay.
And that’s when you should be asking yourself, why?
If you’re being offered any home and land packages that are 10s of thousands of dollars less expensive than other comparable homes you have actually looked at … there is most likely a great reason why.
The majority of the time it’s because you’re missing out on inclusions that ought 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 expenses’ so the contractor can catch up their original price shortfall.
We hear a lot of scary stories from very first home buyers that get a bit too fired up and unfortunately didn’t do enough research before parting with their hard-earned money.
Rahul was one of them. He came to us after using his whole $25,000 deposit to secure a block of land that no builder wanted to develop on (plus the worst part was, he thought he ‘d got himself an inexpensive cost, but he ‘d in fact paid more than what it was valued at and truly didn’t need to turn over a 10% deposit either).
Sara, unfortunately, contacted us after she ‘d just signed agreements with a big builder and paid her deposit, just to later on be hit with an extra $35,000 in ‘unanticipated’ expenses (for items she thought were included in the original quote) and had no thought of how she ‘d cover the costs.
Fortunately, with Rahul, among our new home experts had the ability 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.
But, with Sara, it was too late. Starting again with another home builder and losing the deposit she had actually previously paid wasn’t a choice. So she ended up having to borrow the additional $35,000 from her parents and chalk it up to one of lifes lessons.
Rahul and Sara are just some of the many very first home buyers that find themselves in a truly stressful circumstance because they have actually made a decision (and parted with a lot of money) without having all the info and help from experts, that they needed.
And we really don’t want that to occur to you!
That’s why we began the First Home Buyer Accelerator to assist novice purchasers through the whole procedure so you don’t make any of the costly and common errors we see far frequently.
It’s their job to ask all of those questions that Rahul and Sara should 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 very first home delighted and thrilled.
Picture having peace of mind that when you do locate your ideal very first home, you know you’re making the right choice.
In just a quick 10 minute call, you’ll get to speak to one of our experts before you deciding you may later on regret and you’ll also discover instantly if you get approved for assistance finding, purchasing and building your new very 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.