We understand it’s a really exciting time buying and building your very first house, nevertheless, it doesn’t always end up that way for lots of first time house purchasers.
A lot of times we see people squandering hundreds of thousands of dollars on a brand-new home & land package since they thought they were getting themselves a great deal.
However keep in mind, if it sounds too good to be true, it normally is!
See, some home builders ‘hide’ their additional costs and don’t offer you fixed upfront ‘quotes’. Indicating that ‘quote’ they just gave 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 sold any house and land packages that are 10s of thousands of dollars less expensive than other comparable homes you‘ve looked at … there is most likely a good reason why.
Most of the time it’s since you’re missing out on extras that need to 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 contractor can catch up their original price shortfall.
We hear a great deal of horror stories from very first house purchasers that get a bit too fired up and regrettably didn’t do adequate research before parting with their hard-earned cash.
Rahul was one of them. He came to us after using his whole $25,000 deposit to lock in a block of land that no home builder wanted to build on (plus the worst part was, he thought he ‘d got himself an inexpensive price, but he ‘d in fact paid more than what it was valued at and truly didn’t need to hand 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 ‘unexpected’ costs (for extras she thought were inclusive in the original quote) and had no idea how she ‘d cover the costs.
Fortunately, with Rahul, among our brand-new house land experts were able to assist him discover a home builder that specialised in working 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. Beginning once again with another builder and losing the deposit she ‘d previously paid wasn’t an option. So she ended up having to borrow the additional $35,000 from her parents and chalk it up to one of those lifes lessons.
Rahul and Sara are just a few of the numerous very first house purchasers that discover themselves in a truly difficult scenario since they‘ve made a decision (and parted with a great deal of savings) without having all the details and help from experts, that they needed.
And we really don’t want that to happen to you!
That’s why we started the First Home Buyer Accelerator to direct first-time purchasers through the whole process so you don’t make any of the pricey and typical errors we see far too often.
It’s their role to ask all of those questions that Rahul and Sara ought to have asked. It’s their role to find you the best deal and it’s their role to make certain you move into your very first house happy and ecstatic.
Think of having peace of mind that when you do find your perfect very first house, you understand you’re making the best choice.
In just a quick 10 minute call, you’ll get to speak to one of our experts before you making a decision you may later regret and you’ll also discover instantly if you qualify for help finding, buying and building your brand-new very first house.
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.