We know it’s a really exciting time purchasing and building your first home, however, it doesn’t always wind up that like that for lots of first home purchasers.
Too many times we see individuals squandering hundreds of thousands of their hard earned money on a brand-new home & land package because they thought they were getting themselves a good deal.
However remember, if it sounds too great to be true, it typically is!
See, some builders ‘hide’ their extra costs and do not offer you fixed upfront ‘costs’. Suggesting that ‘quote’ they just gave you, will most certainly NOT be the total cost you need to pay.
And that’s when you should be asking yourself, why?
If you’re being sold any home and land packages that are tens of thousands of dollars less expensive than other similar houses you‘ve looked at … there is probably a good reason why.
Most of the time it’s because you’re missing out on extras that ought to actually come as standard (and they’ll be making you pay for them later), or you’re going to be paying extra for ‘site costs’ so the home builder can make up their original price shortfall.
We hear a great deal of scary stories from first home purchasers that get a bit too fired up and regrettably didn’t do sufficient due diligence prior to parting with their hard-earned cash.
Rahul was among them. He approached us after using his entire $25,000 deposit to lock in a block of land that no home builder wished to construct a house on (plus the worst part was, he thought he ‘d got himself an inexpensive price, however he ‘d really paid more than what it was valued at and actually didn’t require to turn over a 10% deposit either).
Sara, regrettably, approached us after she ‘d already signed contracts with a well known home builder and paid her deposit, only to later be struck with an extra $35,000 in ‘unanticipated’ costs (for items she thought were inclusive in the original quote) and had no idea how she ‘d cover the costs.
Fortunately, with Rahul, one of our brand-new home build experts were able to assist him find a builder that specialised in working 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 again with another builder and losing the deposit she had actually already paid wasn’t an alternative. So she wound up having to finance the extra $35,000 from her mum and dad and chalk it up to one of lifes lessons.
Rahul and Sara are just some of the many first home purchasers that find themselves in a really confronting scenario because they‘ve decided (and parted with a great deal of money) without having all the info and support 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 guide first-time purchasers through the entire procedure so you do not make any of the pricey and typical mistakes we see far too often.
It’s their job to ask all of those concerns that Rahul and Sara should have asked. It’s their job to find you the best offer and it’s their job to ensure you move into your first home delighted and ecstatic.
Picture having assurance that when you do find your best first home, you understand you’re making the right choice.
In just a quick 10 minute call, you’ll get to talk to one of our experts prior to you deciding you might later regret and you’ll also discover immediately if you receive assistance finding, purchasing 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.