We know it’s a very amazing time buying and building your very first home, however, it does not constantly wind up that way for many first time home buyers.
A lot of times we see individuals squandering hundreds of thousands of their hard earned money on a brand-new home & land package due to the fact that they believed they were getting themselves a good deal.
However keep in mind, if it sounds too great to be real, it generally is!
See, some home builders ‘hide’ their additional fees and don’t provide you fixed upfront ‘costs’. Suggesting that ‘quote’ they simply gave you, will most definitely NOT be the total amount 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 cheaper than other comparable houses you have actually taken a look at … there is most likely a great reason why.
The majority of the time it’s due to the fact that you’re losing out on inclusions that need to really come as standard (and they’ll be making you pay for them later on), or you’re going to be paying additional for ‘site expenses’ so the home builder can make up their original price gap.
We hear a great deal of horror stories from very first home buyers that get a little bit too excited and regrettably didn’t do sufficient research before parting with their hard-earned money.
Rahul was one of them. He came to us after using his entire $25,000 deposit to secure a block of land that no Company wanted to construct a house on (plus the worst part was, he believed he ‘d got himself a low-cost rate, however he ‘d actually paid more than what it was worth and truly didn’t need to hand over a 10% deposit either).
Sara, regrettably, came to us after she ‘d just signed agreements with a big Company and paid her deposit, just to later on be struck with an additional $35,000 in ‘unforeseen’ expenses (for extras she believed were inclusive in the initial quote) and had no idea how she ‘d pay for them.
Fortunately, with Rahul, among our brand-new home experts had the ability to assist him discover a home builder that specialised in building on smaller sized narrow blocks of land and wasn’t going to charge him a fortune to do so.
But, with Sara, it was too late. Starting again with another builder and losing the deposit she had actually already 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 simply some of the numerous very first home buyers that discover themselves in a truly confronting scenario due to the fact that they have actually made a decision (and parted with a great deal of money) without having all the info and assistance 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 assist novice purchasers through the entire process so you don’t make any of the expensive and typical errors 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 offer and it’s their role to make sure you move into your very first home pleased and proud.
Think of having assurance that when you do locate your perfect very first home, you know you’re making the ideal choice.
In simply a fast 10 minute call, you’ll get to consult with one of our experts before you making a decision you might later on regret and you’ll also discover immediately if you qualify for help finding, buying 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.