We understand it’s a very thrilling time buying and building your first home, nevertheless, it does not constantly wind up that way for a good deal of first time home buyers.
Too many times we see people losing hundreds of thousands of dollars on a brand-new house & land bundle due to the fact that they thought they were getting themselves a great deal.
But keep in mind, if it sounds too great to be true, it typically is!
See, some builders ‘hide’ their additional costs and do not offer you fixed upfront ‘quotes’. Indicating that ‘quote’ they simply gave you, will most certainly NOT be the final amount 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 tens of thousands of dollars cheaper than other comparable houses you‘ve looked at … there is most likely a good reason why.
The majority of the time it’s due to the fact that you’re missing out on extras that ought to 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 builder can make up their original price gap.
We hear a great deal of scary stories from first home buyers that get a little bit too excited and unfortunately didn’t do enough due diligence before parting with their hard-earned cash.
Rahul was one of them. He approached us after using his entire $25,000 deposit to secure a block of land that no Company wished 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 valued at and really didn’t require to hand over a 10% deposit either).
Sara, unfortunately, contacted us after she ‘d already signed agreements with a well known Company and paid her deposit, only to later on be hit with an additional $35,000 in ‘unforeseen’ costs (for items she thought were inclusive in the original quote) and had no idea how she ‘d pay for them.
Fortunately, with Rahul, among our brand-new home land experts had the ability to help him find a builder that specialised in building on smaller sized narrow blocks of land and wasn’t going to charge him a fortune to do so.
However, with Sara, it was far too late. Starting once again with another Company and losing the deposit she ‘d already paid wasn’t an option. So she ended up needing to finance the additional $35,000 from her mum and dad and chalk it up to one of lifes lessons.
Rahul and Sara are simply a few of the many first home buyers that find themselves in a really stressful situation due to the fact that they‘ve decided (and parted with a great deal of money) without having all the info 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 direct first-time new home buyers through the entire procedure so you do not make any of the pricey and typical errors we see far too often.
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 offer and it’s their role to make sure you move into your first home happy and proud.
Think of having comfort that when you do find your ideal first home, you understand you’re making the right decision.
In simply a quick 10 minute call, you’ll get to speak with one of our experts before you deciding you may later on regret and you’ll also discover instantly if you receive assistance finding, buying and building your brand-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.