We understand it’s a really exciting time buying and building your first home, however, it does not constantly end up that way for lots of first time home purchasers.
A lot of times we see individuals losing hundreds of thousands of their hard earned money on a brand-new house & land package due to the fact that they believed they were getting themselves a great deal.
But keep in mind, if it sounds too great to be true, it usually is!
See, some home builders ‘hide’ their extra charges and don’t give you fixed upfront ‘costs’. Indicating that ‘quote’ they just gave 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 offered any home and land packages that are 10s of thousands of dollars less expensive than other comparable houses you‘ve looked at … there is most likely an excellent reason why.
The majority of the time it’s due to the fact that you’re losing out on inclusions that must 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 expenses’ so the home builder can make up their original price shortfall.
We hear a lot of scary stories from first home purchasers that get a bit too fired up and regrettably didn’t do sufficient research before parting with their hard-earned cash.
Rahul was one of them. He came to 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 believed he ‘d got himself a low-cost cost, but he ‘d actually paid more than what it was valued at and really didn’t need to turn over a 10% deposit either).
Sara, regrettably, came to us after she ‘d already signed contracts with a big builder and paid her deposit, just to later on be hit with an additional $35,000 in ‘unforeseen’ expenses (for items she believed were included in the initial quote) and had no thought of how she ‘d cover the costs.
Fortunately, with Rahul, among our brand-new home professionals were able to assist him discover a home builder that specialised in building on smaller narrow blocks of land and wasn’t going to charge him a fortune to do so.
But, with Sara, it was far too late. Starting once again with another builder and losing the deposit she had actually previously paid wasn’t an alternative. So she ended up needing to borrow the extra $35,000 from her parents and chalk it up to one of lifes lessons.
Rahul and Sara are just a few of the numerous first home purchasers that discover themselves in a truly stressful circumstance due to the fact that they‘ve made a decision (and parted with a lot of money) without having all the info and assistance from professionals, that they needed.
And we honestly don’t wish that to occur to you!
That’s why we started the First Home Buyer Accelerator to direct first-time new home buyers through the entire process so you don’t 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 very best offer and it’s their job to ensure you move into your first home happy and ecstatic.
Picture having assurance that when you do locate your perfect first home, you understand you’re making the ideal choice.
In just a fast 10 minute call, you’ll get to speak to one of our professionals before you deciding you may later on regret and you’ll also learn instantly if you receive help finding, buying and building your brand-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.