We understand it’s an extremely amazing time purchasing and building your very first house, nevertheless, it does not always end up that like that for lots of first house buyers.
Too many times we see people wasting hundreds of thousands of their hard earned money on a new home & land package since they thought they were getting themselves a good deal.
However keep in mind, if it sounds too great to be true, it normally is!
See, some builders ‘conceal’ their extra costs and do not give you fixed upfront ‘quotes’. Indicating that ‘quote’ they just gave you, will most definitely NOT be the total amount you need to pay.
Which’s when you should be asking yourself, why?
If you’re being sold any house and land packages that are tens of thousands of dollars cheaper than other similar homes you have actually looked at … there is most likely a great reason why.
The majority of the time it’s since you’re losing out on extras that should actually come as standard (and they’ll be making you pay for them later), or you’re going to be paying extra for ‘site expenses’ so the builder can make up their original price shortfall.
We hear a great deal of scary stories from very first house buyers that get a little bit too fired up and unfortunately didn’t do enough research prior to parting with their hard-earned cash.
Rahul was one of them. He came to us after using his whole $25,000 deposit to lock in a block of land that no Company wanted to develop on (plus the worst part was, he thought he ‘d got himself a cheap rate, however he ‘d really paid more than what it was worth and really didn’t require to turn over a 10% deposit either).
Sara, unfortunately, came to us after she ‘d already signed contracts with a big Company and paid her deposit, only to later be struck with an additional $35,000 in ‘unforeseen’ expenses (for items she thought were inclusive in the initial quote) and had no idea how she ‘d cover the costs.
Fortunately, with Rahul, one of our new house land specialists had the ability to help him discover a home 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 too late. Beginning once again with another builder and losing the deposit she ‘d previously paid wasn’t an alternative. So she wound up having to finance the extra $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 many very first house buyers that discover themselves in a truly difficult scenario since they have actually decided (and parted with a great deal of money) without having all the details and assistance from specialists, that they required.
And we really do not wish that to occur to you!
That’s why we began the First Home Buyer Accelerator to guide novice purchasers through the whole process 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 locate you the best deal and it’s their role to make sure you move into your very first house happy and proud.
Imagine having assurance that when you do locate your best very first house, you know you’re making the ideal decision.
In just a fast 10 minute call, you’ll get to speak with one of our specialists prior to you deciding you may later regret and you’ll also learn instantly if you qualify for assistance finding, purchasing and building your new very 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.