We know it’s a very exciting time buying and building your first house, however, it does not always wind up that like that for a good deal of first house purchasers.
A lot of times we see individuals losing hundreds of thousands of dollars on a new home & land bundle since they thought they were getting themselves a good deal.
However remember, if it sounds too good to be true, it normally is!
See, some builders ‘conceal’ their additional fees and do not provide you fixed upfront ‘quotes’. Indicating that ‘quote’ they simply provided you, will most certainly NOT be the total cost you have to pay.
Which’s when you should be asking yourself, why?
If you’re being offered any house and land packages that are tens of thousands of dollars less expensive than other similar homes you have actually looked at … there is probably a good reason why.
The majority of the time it’s since you’re missing out on inclusions that should actually come as standard (and they’ll be making you pay for them later on), or you’re going to be paying additional for ‘site costs’ so the contractor can catch up their original price shortfall.
We hear a great deal of horror stories from first house purchasers that get a little bit too fired up and sadly didn’t do enough research before parting with their hard-earned cash.
Rahul was one of them. He approached us after spending his whole $25,000 deposit to secure a block of land that no home builder wished to build on (plus the worst part was, he thought he ‘d got himself an inexpensive cost, however he ‘d actually paid more than what it was worth and really didn’t need to turn over a 10% deposit either).
Sara, sadly, contacted us after she ‘d already signed agreements with a well known home builder and paid her deposit, only to later on be struck with an additional $35,000 in ‘unexpected’ costs (for extras she thought were inclusive in the original quote) and had no idea how she ‘d cover the costs.
Fortunately, with Rahul, one of our new house experts were able 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. Beginning once again with another home builder and losing the deposit she ‘d previously paid wasn’t an option. 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 simply a few of the numerous first house purchasers that find themselves in a really confronting circumstance since they have actually made a decision (and parted with a great deal of savings) without having all the information and support from experts, that they required.
And we really do not want that to occur to you!
That’s why we started the First Home Buyer Accelerator to guide novice new home buyers through the whole process so you do not make any of the pricey and common mistakes we see far frequently.
It’s their job to ask all of those concerns that Rahul and Sara should have asked. It’s their job to find you the very best offer and it’s their job to ensure you move into your first house pleased and thrilled.
Picture having comfort that when you do find your best first house, you know you’re making the ideal decision.
In simply 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 find out instantly if you get approved for help finding, buying and building your new first house.
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.