We know it’s an extremely thrilling time buying and building your first home, nevertheless, it doesn’t always wind up that way for a good deal of first home purchasers.
A lot of times we see individuals squandering hundreds of thousands of dollars on a brand-new house & land package due to the fact that they thought they were getting themselves a good deal.
But remember, if it sounds too great to be real, it generally is!
See, some builders ‘conceal’ their extra charges and do not provide you fixed upfront ‘costs’. Indicating 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 tens of thousands of dollars cheaper than other similar homes you‘ve looked at … there is probably a great reason why.
Most of the time it’s due to the fact that you’re missing out on extras that must actually come as standard (and they’ll be making you pay for them later on), or you’re going to be paying extra for ‘site costs’ so the builder can catch up their original price shortfall.
We hear a great deal of horror stories from first home purchasers that get a bit too excited and regrettably didn’t do adequate research before parting with their hard-earned money.
Rahul was one of them. He came to us after using his entire $25,000 deposit to secure a block of land that no Company wanted to construct a house on (plus the worst part was, he thought he ‘d got himself a cheap price, but he ‘d in fact paid more than what it was valued at and actually didn’t need to hand over a 10% deposit either).
Sara, regrettably, came to us after she ‘d just signed agreements with a big Company and paid her deposit, only to later on be hit with an extra $35,000 in ‘unforeseen’ costs (for extras she thought were inclusive in the initial quote) and had no thought of how she ‘d cover the costs.
Fortunately, with Rahul, among our brand-new home build professionals were able to help him discover 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.
But, with Sara, it was far too late. Starting again with another builder and losing the deposit she had actually previously paid wasn’t an alternative. So she ended up having to borrow the extra $35,000 from her parents and chalk it up to one of lifes lessons.
Rahul and Sara are just some of the many first home purchasers that discover themselves in a truly difficult situation due to the fact that they‘ve decided (and parted with a great deal of savings) without having all the info and assistance from professionals, that they required.
And we really do not wish that to happen to you!
That’s why we began 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 mistakes we see far frequently.
It’s their role to ask all of those concerns that Rahul and Sara should have asked. It’s their role to locate you the best offer and it’s their role to ensure you move into your first home delighted and ecstatic.
Imagine having peace of mind that when you do locate your ideal first home, you know you’re making the right choice.
In just a fast 10 minute call, you’ll get to speak with one of our professionals before you deciding you may later on regret and you’ll also find out right away if you qualify for help 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.