We know it’s a very amazing time buying and building your very first home, however, it doesn’t constantly wind up that like that for a good deal of first home purchasers.
A lot of times we see people losing hundreds of thousands of dollars on a new home & land bundle since they believed they were getting themselves a great deal.
However keep in mind, if it sounds too great to be true, it generally is!
See, some home builders ‘hide’ their extra charges and don’t offer you fixed upfront ‘quotes’. Meaning that ‘quote’ they simply offered you, will most definitely NOT be the final 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 10s of thousands of dollars less expensive than other comparable homes you have actually looked at … there is probably a great reason why.
The majority of the time it’s since you’re losing out on inclusions that need 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 make up their original price shortfall.
We hear a lot of scary stories from very first home purchasers that get a little bit too fired up and unfortunately didn’t do sufficient 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 builder wished to construct a house on (plus the worst part was, he believed he ‘d got himself a low-cost price, however he ‘d really paid more than what it was valued at and really didn’t require to turn over a 10% deposit either).
Sara, unfortunately, approached us after she ‘d just signed agreements with a well known builder and paid her deposit, only to later on be struck with an additional $35,000 in ‘unanticipated’ expenses (for extras she believed were included in the initial quote) and had no thought of how she ‘d pay for them.
Luckily, with Rahul, among our new home build professionals were able 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 too late. Starting once again with another builder and losing the deposit she had actually already paid wasn’t an alternative. So she ended up having to borrow 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 numerous very first home purchasers that find themselves in a really difficult circumstance since they have actually decided (and parted with a lot of money) without having all the info and assistance from professionals, that they required.
And we really don’t wish 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 don’t make any of the costly and common mistakes we see far too often.
It’s their job to ask all of those questions that Rahul and Sara ought to have asked. It’s their job to locate you the best deal and it’s their job to make certain you move into your very first home delighted and excited.
Picture having assurance that when you do locate your perfect very first home, you understand you’re making the right decision.
In simply a quick 10 minute call, you’ll get to speak to one of our professionals prior to you deciding you may later on regret and you’ll also find out right away if you qualify for assistance finding, buying and building your 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.