We know it’s a very thrilling time purchasing and building your very first house, nevertheless, it doesn’t constantly wind up that like that for a good deal of first house buyers.
A lot of times we see individuals losing hundreds of thousands of dollars on a new home & land package because they believed they were getting themselves a great deal.
But remember, if it sounds too great to be true, it normally is!
See, some builders ‘conceal’ their additional fees and do not provide you fixed upfront ‘quotes’. Suggesting that ‘quote’ they just provided you, will most definitely NOT be the total cost you need to pay.
And that’s when you should be asking yourself, why?
If you’re being offered any house and land packages that are 10s of thousands of dollars less expensive than other comparable homes you have actually taken a look at … there is probably a great reason why.
Most of the time it’s because you’re missing out on extras that must 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 costs’ so the contractor can catch up their original price shortfall.
We hear a great deal of horror stories from very first house buyers that get a little bit too fired up and regrettably didn’t do sufficient research 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 wished to develop on (plus the worst part was, he believed he ‘d got himself an inexpensive cost, but he ‘d actually paid more than what it was worth and truly didn’t require to hand over a 10% deposit either).
Sara, regrettably, came to us after she ‘d just signed contracts with a well known builder and paid her deposit, just to later on be struck with an extra $35,000 in ‘unexpected’ costs (for items she believed were included in the original quote) and had no idea how she ‘d pay for them.
Thankfully, with Rahul, among our new house professionals were able to assist him find a home 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. Starting again with another home builder and losing the deposit she ‘d previously paid wasn’t an alternative. So she wound up having to borrow the additional $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 house buyers that find themselves in a truly difficult situation because they have actually decided (and parted with a great deal of savings) without having all the information and help from professionals, that they needed.
And we really do not want that to occur to you!
That’s why we started the First Home Buyer Accelerator to guide first-time purchasers through the whole process so you do not 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 should have asked. It’s their role to locate you the very best offer and it’s their role to ensure you move into your very first house pleased and ecstatic.
Picture having comfort that when you do locate your ideal very first house, you understand you’re making the best decision.
In just a fast 10 minute call, you’ll get to speak with one of our professionals prior to you deciding you may later on regret and you’ll also learn instantly if you qualify for help finding, purchasing and building your new very 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.