We know it’s a very thrilling time buying and building your very first home, nevertheless, it does not always end up that like that for lots of first home buyers.
Too many times we see individuals squandering hundreds of thousands of dollars on a new house & land package because they thought they were getting themselves a good deal.
But keep in mind, if it sounds too great to be true, it typically is!
See, some builders ‘conceal’ their additional costs and do not provide you fixed upfront ‘quotes’. Indicating that ‘quote’ they just provided you, will most certainly NOT be the final cost you need to pay.
Which’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‘ve looked 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 really 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 builder can catch up their original price gap.
We hear a great deal of horror stories from very first home buyers that get a little bit too fired up and unfortunately didn’t do enough research before parting with their hard-earned money.
Rahul was among them. He approached us after using his whole $25,000 deposit to secure a block of land that no home builder wished to construct a house on (plus the worst part was, he thought he ‘d got himself a low-cost rate, but he ‘d actually paid more than what it was valued at and really didn’t need to hand over a 10% deposit either).
Sara, unfortunately, contacted us after she ‘d already signed agreements with a big home builder and paid her deposit, just to later be struck with an extra $35,000 in ‘unexpected’ costs (for items she thought were included in the initial quote) and had no thought of how she ‘d pay for them.
Thankfully, with Rahul, among our new home build experts had the ability to help him discover 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 once again with another builder and losing the deposit she ‘d already paid wasn’t an alternative. So she ended 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 many very first home buyers that discover themselves in a truly difficult scenario because they‘ve made a decision (and parted with a great deal of cash) without having all the details and support from experts, that they required.
And we truly do not want that to occur to you!
That’s why we began the First Home Buyer Accelerator to guide first-time purchasers through the whole procedure so you do not make any of the expensive and typical mistakes we see far frequently.
It’s their job to ask all of those concerns that Rahul and Sara ought to have asked. It’s their job to find you the best deal and it’s their job to make sure you move into your very first home delighted and thrilled.
Imagine having comfort that when you do find your perfect very first home, you know you’re making the ideal decision.
In just a fast 10 minute call, you’ll get to speak to one of our experts before you deciding you may later regret and you’ll also learn immediately if you qualify 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.