We understand it’s a very thrilling time purchasing and building your first home, however, it does not always wind up that like that for lots of first time home purchasers.
A lot of times we see people squandering hundreds of thousands of their hard earned money on a new house & land package since they thought they were getting themselves a great deal.
But remember, if it sounds too good to be real, it normally is!
See, some builders ‘hide’ their extra fees and don’t provide you fixed upfront ‘costs’. Indicating that ‘quote’ they just gave you, will most absolutely NOT be the total cost you need to pay.
Which’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 houses you‘ve looked at … there is probably an excellent reason why.
The majority of the time it’s since you’re missing 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 costs’ so the contractor can catch up their original price gap.
We hear a lot of horror stories from first home purchasers that get a little bit too excited and regrettably didn’t do adequate research before parting with their hard-earned cash.
Rahul was one of them. He approached us after spending his entire $25,000 deposit to secure a block of land that no builder wanted to build on (plus the worst part was, he thought he ‘d got himself a low-cost cost, however he ‘d actually paid more than what it was valued at and really didn’t require to hand over a 10% deposit either).
Sara, regrettably, came to us after she ‘d already signed agreements with a big builder and paid her deposit, just to later on be struck with an additional $35,000 in ‘unexpected’ costs (for items she thought were inclusive in the original quote) and had no thought of how she ‘d pay for them.
Luckily, with Rahul, one of our new home professionals had the ability to assist him find a home 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 too late. Beginning again with another home builder and losing the deposit she ‘d previously paid wasn’t an alternative. So she ended 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 some of the numerous first home purchasers that find themselves in a really difficult scenario since they‘ve made a decision (and parted with a lot of cash) without having all the information and support from professionals, that they needed.
And we truly don’t want that to occur to you!
That’s why we started the First Home Buyer Accelerator to guide first-time purchasers through the entire procedure so you don’t make any of the expensive 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 best offer and it’s their job to make certain you move into your first home delighted and thrilled.
Picture having comfort that when you do find your best first home, you understand you’re making the ideal decision.
In just a quick 10 minute call, you’ll get to consult with one of our professionals before you deciding you might later on regret and you’ll also learn immediately if you get approved for assistance finding, purchasing 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.