We know it’s an extremely amazing time buying and building your very first home, however, it does not constantly wind up that way for many first home buyers.
A lot of times we see people losing hundreds of thousands of dollars on a new home & land package because they thought they were getting themselves a great deal.
However keep in mind, if it sounds too good to be true, it normally is!
See, some Companies ‘hide’ their additional charges and don’t provide you fixed upfront ‘quotes’. Suggesting that ‘quote’ they just provided you, will most definitely NOT be the final amount you have 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 cheaper than other comparable houses you‘ve taken a look at … there is most likely an excellent reason why.
The majority of the time it’s because you’re missing out on inclusions that ought to actually come as standard (and they’ll be making you pay for them later), or you’re going to be paying additional for ‘site costs’ so the home builder can catch up their original price shortfall.
We hear a great deal of scary stories from very first home buyers that get a bit too excited and unfortunately didn’t do sufficient due diligence prior to parting with their hard-earned cash.
Rahul was among them. He approached us after using his whole $25,000 deposit to lock in a block of land that no builder wanted to build on (plus the worst part was, he thought he ‘d got himself a cheap price, but he ‘d really paid more than what it was valued at and actually didn’t require to hand over a 10% deposit either).
Sara, unfortunately, approached us after she ‘d just signed agreements with a well known builder and paid her deposit, just to later be struck with an additional $35,000 in ‘unanticipated’ costs (for items she thought were included in the original quote) and had no thought of how she ‘d pay for them.
Thankfully, with Rahul, one of our new home specialists had the ability to help him find a home builder that specialised in building on smaller narrow blocks of land and wasn’t going to charge him a fortune to do so.
But, with Sara, it was too late. Starting once again with another Company and losing the deposit she had actually previously paid wasn’t an option. So she wound up needing to finance the additional $35,000 from her parents and chalk it up to one of lifes lessons.
Rahul and Sara are just a few of the numerous very first home buyers that find themselves in a truly confronting scenario because they‘ve made a decision (and parted with a great deal of cash) without having all the information and assistance from specialists, that they needed.
And we really don’t wish that to occur to you!
That’s why we started the First Home Buyer Accelerator to assist novice new home buyers through the whole procedure so you don’t make any of the pricey and common 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 locate you the very best offer and it’s their role to ensure you move into your very first home delighted and excited.
Imagine having peace of mind that when you do locate your best very first home, you know you’re making the right decision.
In just a fast 10 minute call, you’ll get to speak with one of our specialists prior to you deciding you might later regret and you’ll also discover instantly if you get approved for assistance finding, buying 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.