We understand it’s a very exciting time purchasing and building your first house, nevertheless, it does not constantly end up that way for lots of first house buyers.
Too many times we see individuals wasting hundreds of thousands of dollars on a new house & land package because they thought they were getting themselves a great deal.
However remember, if it sounds too good to be true, it typically is!
See, some builders ‘conceal’ their extra costs and don’t give you fixed upfront ‘quotes’. Meaning that ‘quote’ they just provided you, will most definitely NOT be the total cost you have 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 houses you have actually looked at … there is probably an excellent reason why.
Most of the time it’s because you’re missing out on inclusions that need to 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 home builder can catch up their original price shortfall.
We hear a great deal of scary stories from first house buyers that get a little bit too fired up and unfortunately didn’t do sufficient due diligence prior to parting with their hard-earned cash.
Rahul was among them. He approached us after using his whole $25,000 deposit to lock in a block of land that no builder wanted to construct a house on (plus the worst part was, he thought he ‘d got himself a low-cost rate, but he ‘d really paid more than what it was worth and truly didn’t require to hand over a 10% deposit either).
Sara, unfortunately, approached us after she ‘d already signed contracts with a big builder and paid her deposit, just to later be hit with an extra $35,000 in ‘unforeseen’ expenses (for items she thought were inclusive in the original quote) and had no thought of how she ‘d cover the costs.
Fortunately, with Rahul, one of our new house build specialists were able to assist 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 home builder and losing the deposit she had actually already paid wasn’t an option. So she wound up needing 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 first house buyers that discover themselves in a truly confronting scenario because they have actually decided (and parted with a great deal of savings) without having all the info and assistance from specialists, that they needed.
And we honestly don’t want that to occur to you!
That’s why we started the First Home Buyer Accelerator to assist first-time new home buyers through the whole procedure so you don’t make any of the expensive and typical errors we see far too often.
It’s their job to ask all of those concerns that Rahul and Sara should have asked. It’s their job to find you the best deal and it’s their job to make certain you move into your first house delighted and proud.
Imagine having comfort that when you do find your best first house, you understand you’re making the best decision.
In just a fast 10 minute call, you’ll get to consult with one of our specialists prior to you making a decision you may later regret and you’ll also learn instantly if you qualify for help finding, purchasing and building your new 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.