We know it’s a really thrilling time purchasing and building your very first home, however, it does not constantly end up that like that for a good deal of first time home buyers.
A lot of times we see individuals losing hundreds of thousands of dollars on a brand-new home & land bundle since they believed they were getting themselves a great deal.
But remember, if it sounds too great to be real, it normally is!
See, some home builders ‘conceal’ their additional fees and do not provide you fixed upfront ‘quotes’. Indicating that ‘quote’ they just offered you, will most absolutely NOT be the total amount you need to pay.
And that’s when you should be asking yourself, why?
If you’re being offered 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 must actually 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 contractor can catch up their original price gap.
We hear a lot of horror stories from very first home buyers that get a bit too excited and unfortunately didn’t do adequate research prior to parting with their hard-earned money.
Rahul was one of them. He came to us after spending his whole $25,000 deposit to secure a block of land that no Company wanted to develop on (plus the worst part was, he believed he ‘d got himself a cheap cost, but he ‘d actually paid more than what it was valued at and truly didn’t require to hand over a 10% deposit either).
Sara, unfortunately, approached us after she ‘d already 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 original quote) and had no idea how she ‘d cover the costs.
Fortunately, with Rahul, among our brand-new home land experts had the ability to help him find a builder that specialised in building 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. Starting again with another builder and losing the deposit she had actually previously paid wasn’t an alternative. So she ended up needing to finance the additional $35,000 from her parents and chalk it up to one of lifes lessons.
Rahul and Sara are just a few of the many very first home buyers that find themselves in a really stressful circumstance since they have actually made a decision (and parted with a lot of cash) without having all the details and assistance from experts, that they required.
And we honestly do not wish that to occur to you!
That’s why we started the First Home Buyer Accelerator to assist novice purchasers through the whole procedure so you do not make any of the pricey and typical errors we see far frequently.
It’s their role to ask all of those concerns that Rahul and Sara should have asked. It’s their role to find you the best offer and it’s their role to ensure you move into your very first home happy and excited.
Think of having comfort that when you do find your ideal very first home, you know you’re making the right choice.
In just a quick 10 minute call, you’ll get to talk to one of our experts prior to you making a decision you may later on regret and you’ll also learn immediately if you qualify for help finding, purchasing 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.