We understand it’s a really exciting time buying and building your first home, however, it does not constantly wind up that way for lots of first home purchasers.
Too many times we see individuals squandering hundreds of thousands of their hard earned money on a new house & land package since they thought they were getting themselves a good deal.
However remember, if it sounds too great to be real, it usually is!
See, some builders ‘conceal’ their additional fees and don’t offer you fixed upfront ‘costs’. Suggesting that ‘quote’ they simply provided you, will most certainly NOT be the final cost 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 great reason why.
The majority of the time it’s since you’re missing out on inclusions that must 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 expenses’ so the builder can make up their original price shortfall.
We hear a lot of horror stories from first home purchasers that get a little bit too excited and regrettably didn’t do sufficient due diligence before parting with their hard-earned money.
Rahul was one of 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 thought he ‘d got himself a low-cost rate, however he ‘d really paid more than what it was worth and truly didn’t need to turn over a 10% deposit either).
Sara, regrettably, approached us after she ‘d just signed contracts with a well known Company and paid her deposit, just to later on be struck with an additional $35,000 in ‘unexpected’ expenses (for extras she thought were inclusive in the original quote) and had no thought of how she ‘d pay for them.
Luckily, with Rahul, one of our new home professionals 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.
But, with Sara, it was far too late. Beginning once again with another home builder and losing the deposit she had actually previously paid wasn’t an option. So she wound 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 some of the many first home purchasers that find themselves in a truly stressful circumstance since they‘ve decided (and parted with a lot of cash) without having all the details and assistance from professionals, that they required.
And we honestly don’t wish that to occur to you!
That’s why we started the First Home Buyer Accelerator to assist first-time new home buyers through the whole process so you don’t make any of the expensive and common mistakes we see far too often.
It’s their role to ask all of those concerns that Rahul and Sara ought to have asked. It’s their role to locate you the very best offer and it’s their role to make certain you move into your first home pleased and thrilled.
Think of having assurance that when you do locate your perfect first home, you understand you’re making the ideal choice.
In simply a fast 10 minute call, you’ll get to speak to one of our professionals before you making a decision you might later on regret and you’ll also discover right away if you receive 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.