We know it’s a really exciting time buying and building your first home, nevertheless, it doesn’t always end up that way for lots of first time home purchasers.
A lot of times we see people losing hundreds of thousands of their hard earned money on a new home & land package due to the fact that they believed they were getting themselves a great deal.
But remember, if it sounds too great to be true, it normally is!
See, some Companies ‘conceal’ their additional fees and do not provide you fixed upfront ‘costs’. Meaning that ‘quote’ they simply offered you, will most certainly NOT be the final amount you have 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 cheaper than other comparable homes you‘ve looked at … there is most likely a good reason why.
Most of the time it’s due to the fact that you’re losing out on inclusions that must actually 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 home builder can make up their original price gap.
We hear a great deal of scary stories from first home purchasers that get a little bit too excited and sadly didn’t do adequate research before parting with their hard-earned money.
Rahul was among them. He approached us after using his whole $25,000 deposit to lock in a block of land that no Company wished to build on (plus the worst part was, he believed he ‘d got himself a cheap rate, but he ‘d really paid more than what it was valued at and actually didn’t require to hand over a 10% deposit either).
Sara, sadly, contacted us after she ‘d just signed contracts with a well known Company and paid her deposit, just to later be hit with an extra $35,000 in ‘unanticipated’ costs (for extras she believed were inclusive in the initial quote) and had no idea how she ‘d cover the costs.
Thankfully, with Rahul, one of our new home professionals had the ability to assist 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.
However, with Sara, it was far too late. Starting once again with another home builder and losing the deposit she had actually 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 some of the many first home purchasers that find themselves in a truly difficult circumstance due to the fact that they‘ve made a decision (and parted with a great deal of savings) without having all the information and help from professionals, that they required.
And we truly do not want that to happen to you!
That’s why we started the First Home Buyer Accelerator to assist first-time new home buyers through the whole procedure so you do not make any of the expensive and typical mistakes we see far too often.
It’s their job to ask all of those questions that Rahul and Sara ought to have asked. It’s their job to locate you the best offer and it’s their job to make sure you move into your first home pleased and proud.
Picture having peace of mind that when you do locate your best first home, you understand you’re making the right decision.
In simply a quick 10 minute call, you’ll get to speak to one of our professionals before you making a decision you might later regret and you’ll also discover right away if you get approved for assistance 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.