We know it’s a really thrilling time buying and building your first home, nevertheless, it does not constantly wind up that way for lots of first home buyers.
A lot of times we see individuals squandering hundreds of thousands of their hard earned money on a new house & land package because they thought they were getting themselves a great deal.
But remember, if it sounds too great to be true, it generally is!
See, some home builders ‘conceal’ their extra fees and do not give you fixed upfront ‘costs’. Indicating that ‘quote’ they simply provided you, will most absolutely NOT be the final amount you need to pay.
And that’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 have actually taken a look at … there is probably a good reason why.
The majority of the time it’s because you’re missing out on inclusions that should really come as standard (and they’ll be making you pay for them later), or you’re going to be paying extra for ‘site expenses’ so the home builder can make up their original price gap.
We hear a lot of horror stories from first home buyers that get a little bit too fired up and sadly didn’t do adequate research prior to parting with their hard-earned money.
Rahul was one of them. He approached us after spending his entire $25,000 deposit to secure a block of land that no home builder wanted to build on (plus the worst part was, he thought he ‘d got himself a cheap rate, but he ‘d really paid more than what it was worth 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 home builder and paid her deposit, just to later be struck with an additional $35,000 in ‘unexpected’ expenses (for items she thought were inclusive in the original quote) and had no thought of how she ‘d cover the costs.
Luckily, with Rahul, one of our new home experts had the ability to help 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 Company and losing the deposit she ‘d already paid wasn’t an option. So she wound up having to finance the extra $35,000 from her parents and chalk it up to one of those lifes lessons.
Rahul and Sara are simply some of the many first home buyers that find themselves in a really stressful scenario because they have actually decided (and parted with a lot of savings) without having all the info and assistance from experts, that they needed.
And we really do not want that to happen to you!
That’s why we started the First Home Buyer Accelerator to assist novice new home buyers through the entire process so you do not make any of the pricey and typical errors we see far too often.
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 very best offer and it’s their job to ensure you move into your first home delighted and proud.
Picture having comfort that when you do find your perfect first home, you understand you’re making the best choice.
In simply a quick 10 minute call, you’ll get to talk with one of our experts prior to you deciding you may later regret and you’ll also find out instantly if you qualify 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.