We know it’s a very exciting time purchasing and building your very first home, however, it doesn’t constantly end up that way for a good deal of first time home purchasers.
A lot of times we see people wasting hundreds of thousands of their hard earned money on a brand-new home & land bundle because they believed they were getting themselves a great deal.
But remember, if it sounds too good to be real, it usually is!
See, some builders ‘hide’ their extra charges and don’t give you fixed upfront ‘costs’. Meaning that ‘quote’ they just gave you, will most definitely NOT be the final amount you have to pay.
Which’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 cheaper than other comparable houses you have actually taken a look at … there is probably an excellent reason why.
Most of the time it’s because you’re losing out on inclusions that should really come as standard (and they’ll be making you pay for them later), or you’re going to be paying extra for ‘site costs’ so the contractor can make up their original price shortfall.
We hear a lot of scary stories from very first home purchasers that get a little bit too excited and regrettably didn’t do enough research before parting with their hard-earned money.
Rahul was one of them. He approached us after spending his entire $25,000 deposit to secure a block of land that no Company wished to develop on (plus the worst part was, he believed he ‘d got himself an inexpensive rate, however he ‘d really paid more than what it was valued at and truly didn’t require to hand over a 10% deposit either).
Sara, regrettably, approached us after she ‘d just signed agreements with a well known Company and paid her deposit, only to later be struck with an extra $35,000 in ‘unanticipated’ costs (for extras she believed were included in the initial quote) and had no thought of how she ‘d pay for them.
Thankfully, with Rahul, one of our brand-new home experts were able to assist him find a builder that specialised in building 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 again with another Company and losing the deposit she ‘d previously paid wasn’t an option. So she ended up needing to finance 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 many very first home purchasers that find themselves in a really stressful situation because they have actually made a decision (and parted with a lot of savings) without having all the information and assistance from experts, that they required.
And we truly don’t wish that to occur to you!
That’s why we started the First Home Buyer Accelerator to assist novice new home buyers through the entire procedure so you don’t make any of the costly and common mistakes 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 find you the very best offer and it’s their role to make sure you move into your very first home pleased and proud.
Picture having comfort that when you do find your best very first home, you know you’re making the best choice.
In just a fast 10 minute call, you’ll get to talk to one of our experts before you deciding you might later regret and you’ll also learn right away if you qualify for assistance 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.