We understand it’s a very amazing time buying and building your first house, nevertheless, it doesn’t always end up that like that for many first time house buyers.
Too many times we see individuals squandering hundreds of thousands of their hard earned money on a new home & land package since they thought they were getting themselves a good deal.
But remember, if it sounds too good to be true, it generally is!
See, some home builders ‘conceal’ their extra costs and don’t give you fixed upfront ‘costs’. Indicating that ‘quote’ they just gave you, will most absolutely NOT be the total amount you need to pay.
Which’s when you should be asking yourself, why?
If you’re being offered any house and land packages that are tens of thousands of dollars cheaper than other similar homes you have actually taken a look at … there is probably an excellent reason why.
Most of the time it’s since you’re losing out on inclusions 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 builder can make up their original price gap.
We hear a lot of horror stories from first house buyers that get a bit too excited and sadly didn’t do adequate due diligence prior to parting with their hard-earned money.
Rahul was one of them. He approached us after spending his entire $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 a cheap cost, but he ‘d really paid more than what it was worth and truly didn’t need to turn over a 10% deposit either).
Sara, sadly, came to us after she ‘d just signed contracts with a big home builder and paid her deposit, just to later on be hit with an extra $35,000 in ‘unanticipated’ expenses (for extras she thought were included in the initial quote) and had no idea how she ‘d cover the costs.
Thankfully, with Rahul, among our new house land professionals were able to help him discover a builder that specialised in working on smaller narrow blocks of land and wasn’t going to charge him a fortune to do so.
But, with Sara, it was far too late. Beginning again with another Company and losing the deposit she had actually previously paid wasn’t an option. So she wound 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 just a few of the numerous first house buyers that discover themselves in a truly confronting scenario since they have actually decided (and parted with a lot of savings) without having all the info and assistance from professionals, that they required.
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 new home buyers through the entire process so you don’t make any of the costly and common 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 deal and it’s their role to make certain you move into your first house pleased and excited.
Think of having comfort that when you do locate your perfect first house, you know you’re making the best decision.
In just a quick 10 minute call, you’ll get to consult with one of our professionals prior to you deciding you might later on regret and you’ll also find out right away if you receive help finding, buying and building your new 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.