We understand it’s a very amazing time buying and building your first home, however, it doesn’t always end 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 home & land bundle due to the fact that they believed they were getting themselves a great 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’. Indicating that ‘quote’ they just provided you, will most definitely NOT be the final amount you have to pay.
And that’s when you should be asking yourself, why?
If you’re being offered any home and land packages that are tens of thousands of dollars less expensive than other similar homes you‘ve looked at … there is most likely an excellent reason why.
The majority of the time it’s due to the fact that you’re missing out on inclusions that should 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 home builder can catch up their original price shortfall.
We hear a lot of scary stories from first home purchasers that get a bit too fired up and unfortunately didn’t do adequate research before parting with their hard-earned money.
Rahul was among them. He approached us after spending his entire $25,000 deposit to secure a block of land that no Company wished to build on (plus the worst part was, he believed he ‘d got himself an inexpensive rate, however he ‘d actually paid more than what it was worth and actually didn’t need to turn over a 10% deposit either).
Sara, unfortunately, came to us after she ‘d already signed contracts with a well known Company and paid her deposit, just to later be struck with an extra $35,000 in ‘unanticipated’ costs (for items she believed were inclusive in the initial quote) and had no thought of how she ‘d pay for them.
Thankfully, with Rahul, one of our new home experts had the ability to help him discover 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 home builder and losing the deposit she had actually previously paid wasn’t a choice. So she wound up needing to borrow the additional $35,000 from her mum and dad and chalk it up to one of lifes lessons.
Rahul and Sara are just a few of the numerous first home purchasers that discover themselves in a truly stressful scenario due to the fact that they‘ve decided (and parted with a lot of savings) without having all the information and support from experts, 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 purchasers through the entire process so you don’t make any of the pricey and common errors we see far frequently.
It’s their job to ask all of those questions that Rahul and Sara ought to have asked. It’s their job to find you the very best offer and it’s their job to make sure you move into your first home happy and proud.
Think of having comfort that when you do find your perfect first home, you understand you’re making the right choice.
In just a fast 10 minute call, you’ll get to talk to one of our experts before you deciding you might later regret and you’ll also find out immediately if you get approved for 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.