We understand it’s an extremely thrilling time buying and building your first home, nevertheless, it doesn’t constantly wind up that like that for a good deal of first home buyers.
A lot of times we see individuals squandering hundreds of thousands of dollars on a new house & land package since they thought they were getting themselves a great deal.
However keep in mind, if it sounds too great to be true, it usually is!
See, some home builders ‘hide’ their extra costs and do not offer you fixed upfront ‘costs’. Meaning that ‘quote’ they simply offered you, will most absolutely NOT be the total amount you have to pay.
Which’s when you should be asking yourself, why?
If you’re being sold any home and land packages that are 10s of thousands of dollars cheaper than other comparable houses you have actually looked at … there is probably an excellent reason why.
The majority of the time it’s since you’re losing out on inclusions that should actually come as standard (and they’ll be making you pay for them later), or you’re going to be paying extra for ‘site expenses’ so the home builder can catch up their original price gap.
We hear a lot of horror stories from first home buyers that get a little bit too fired up and sadly didn’t do adequate research before parting with their hard-earned cash.
Rahul was among them. He came to us after spending 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 rate, but he ‘d in fact paid more than what it was worth and actually didn’t require to hand over a 10% deposit either).
Sara, sadly, came to us after she ‘d already signed contracts with a well known builder and paid her deposit, only to later be struck with an extra $35,000 in ‘unexpected’ expenses (for items she thought were included in the initial quote) and had no thought of how she ‘d cover the costs.
Fortunately, with Rahul, one of our new home land professionals were able 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 far too late. Starting again with another builder and losing the deposit she ‘d previously paid wasn’t a choice. So she ended up having to borrow the extra $35,000 from her mum and dad and chalk it up to one of those lifes lessons.
Rahul and Sara are simply a few of the many first home buyers that find themselves in a truly difficult scenario since they have actually made a decision (and parted with a lot of savings) without having all the info and assistance from professionals, that they required.
And we really do not want that to occur to you!
That’s why we began the First Home Buyer Accelerator to assist first-time new home buyers through the whole process so you do not make any of the costly and common mistakes we see far frequently.
It’s their role to ask all of those questions that Rahul and Sara should have asked. It’s their role to find you the very best deal and it’s their role to make certain you move into your first home delighted and excited.
Imagine having assurance that when you do find your best first home, you understand you’re making the right decision.
In simply a fast 10 minute call, you’ll get to talk with one of our professionals before you making a decision you might later regret and you’ll also learn right away 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.