We know it’s a really thrilling time purchasing and building your very first home, nevertheless, it doesn’t constantly end up that way for many first home buyers.
Too many times we see people losing hundreds of thousands of dollars on a new home & land package since they thought they were getting themselves a great deal.
However keep in mind, if it sounds too good to be real, it generally is!
See, some home builders ‘conceal’ their additional fees and do not provide you fixed upfront ‘costs’. Indicating that ‘quote’ they simply offered you, will most certainly NOT be the total cost 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 tens of thousands of dollars less expensive than other comparable homes you‘ve looked at … there is probably an excellent reason why.
The majority of the time it’s since you’re missing out on extras 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 additional for ‘site expenses’ so the home builder can make up their original price shortfall.
We hear a great deal of horror stories from very first home buyers that get a little bit too fired up and regrettably didn’t do sufficient due diligence 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 home builder wished to build on (plus the worst part was, he thought he ‘d got himself a cheap cost, however he ‘d really paid more than what it was worth and really didn’t need to hand over a 10% deposit either).
Sara, regrettably, approached us after she ‘d just signed contracts with a big home builder and paid her deposit, only to later on be hit with an additional $35,000 in ‘unexpected’ expenses (for extras she thought were included in the original quote) and had no thought of how she ‘d cover the costs.
Luckily, with Rahul, one of our new home land experts were able to help him find 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. Starting once again with another Company and losing the deposit she had actually already paid wasn’t a choice. So she ended up needing to borrow the additional $35,000 from her mum and dad and chalk it up to one of lifes lessons.
Rahul and Sara are simply a few of the numerous very first home buyers that find themselves in a truly stressful scenario since they‘ve made a decision (and parted with a great deal of savings) without having all the details and support from experts, that they required.
And we honestly do not want that to happen to you!
That’s why we began the First Home Buyer Accelerator to guide first-time purchasers through the whole process so you do not make any of the pricey and typical mistakes we see far frequently.
It’s their job to ask all of those questions that Rahul and Sara should have asked. It’s their job to locate you the best deal and it’s their job to make sure you move into your very first home happy and proud.
Picture having comfort that when you do locate your perfect very first home, you understand you’re making the ideal decision.
In simply a quick 10 minute call, you’ll get to talk with one of our experts prior to you deciding you might later on regret and you’ll also learn instantly if you get approved for assistance finding, purchasing and building your 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.