We know it’s an extremely exciting time purchasing and building your first home, nevertheless, it does not always wind up that way for a good deal of first home purchasers.
Too many times we see individuals wasting hundreds of thousands of their hard earned money on a brand-new home & land package due to the fact that they believed they were getting themselves a great deal.
But keep in mind, if it sounds too good to be true, it usually is!
See, some builders ‘conceal’ their extra charges and do not provide you fixed upfront ‘costs’. Meaning that ‘quote’ they just provided you, will most absolutely NOT be the final amount you need to pay.
And that’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 similar houses you‘ve looked at … there is most likely a great reason why.
Most of the time it’s due to the fact that 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 expenses’ so the contractor can make up their original price shortfall.
We hear a lot of scary stories from first home purchasers that get a little bit too fired up and sadly didn’t do sufficient due diligence prior to parting with their hard-earned cash.
Rahul was among them. He approached us after spending his whole $25,000 deposit to secure a block of land that no home builder wanted to develop on (plus the worst part was, he believed he ‘d got himself a low-cost rate, but he ‘d in fact paid more than what it was valued at and actually didn’t need to hand over a 10% deposit either).
Sara, sadly, came to us after she ‘d already signed agreements with a big home builder and paid her deposit, only to later be hit with an extra $35,000 in ‘unforeseen’ expenses (for items she believed were inclusive in the initial quote) and had no thought of how she ‘d pay for them.
Thankfully, with Rahul, one of our brand-new home land experts were able to assist him find a 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. Starting again with another Company and losing the deposit she had actually previously paid wasn’t a choice. So she ended up having to finance 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 find themselves in a really difficult circumstance due to the fact that they‘ve decided (and parted with a lot of money) without having all the info and help from experts, that they required.
And we truly do not want that to occur to you!
That’s why we began the First Home Buyer Accelerator to direct novice purchasers through the whole procedure so you do not make any of the costly 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 locate you the very best offer and it’s their job to make sure you move into your first home delighted and excited.
Imagine having peace of mind that when you do locate your perfect first home, you know you’re making the right choice.
In just a quick 10 minute call, you’ll get to speak to one of our experts prior to you deciding you may later regret and you’ll also learn immediately if you receive assistance finding, purchasing 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.