We understand it’s a very thrilling time purchasing and building your very first home, nevertheless, it does not constantly end up that like that for many first home buyers.
Too many times we see individuals squandering hundreds of thousands of dollars on a brand-new home & land package due to the fact that they believed they were getting themselves a good deal.
But keep in mind, if it sounds too great to be true, it normally is!
See, some builders ‘conceal’ their extra charges and don’t give you fixed upfront ‘quotes’. Suggesting that ‘quote’ they simply gave you, will most definitely NOT be the final amount you have to pay.
Which’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 homes you have actually taken a look at … there is probably an excellent reason why.
Most of the time it’s due to the fact that you’re losing out on extras that ought to 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 expenses’ so the home builder can catch up their original price shortfall.
We hear a lot of horror stories from very first home buyers that get a little bit too excited and unfortunately didn’t do enough research prior to parting with their hard-earned money.
Rahul was one of them. He approached us after using his whole $25,000 deposit to secure a block of land that no builder wished to build on (plus the worst part was, he believed he ‘d got himself a cheap cost, but he ‘d actually paid more than what it was valued at and actually didn’t require to turn over a 10% deposit either).
Sara, unfortunately, contacted us after she ‘d just signed contracts with a big builder and paid her deposit, just to later on be hit with an extra $35,000 in ‘unforeseen’ expenses (for extras she believed were included in the initial quote) and had no thought of how she ‘d cover the costs.
Luckily, with Rahul, among our brand-new home experts had the ability to assist him find a home 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 too late. Beginning again with another builder and losing the deposit she ‘d previously paid wasn’t an option. So she ended up needing to finance the extra $35,000 from her mum and dad and chalk it up to one of those lifes lessons.
Rahul and Sara are simply a few of the many very first home buyers that find themselves in a truly stressful circumstance due to the fact that they have actually made a decision (and parted with a lot of money) without having all the details and support from experts, that they needed.
And we really don’t want that to occur to you!
That’s why we started the First Home Buyer Accelerator to guide first-time purchasers through the whole process so you don’t make any of the expensive and common mistakes we see far frequently.
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 best deal and it’s their role to make sure you move into your very first home pleased and thrilled.
Picture having peace of mind that when you do locate your ideal very first home, you know you’re making the best choice.
In simply a quick 10 minute call, you’ll get to speak with one of our experts prior to you deciding you might later on regret and you’ll also find out instantly if you get approved for assistance finding, purchasing and building your brand-new very 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.