We know it’s a really exciting time purchasing and building your very first house, however, it does not always wind up that way for many first house buyers.
A lot of times we see individuals squandering hundreds of thousands of dollars on a brand-new home & land package because they believed they were getting themselves a great deal.
But remember, if it sounds too good to be real, it generally is!
See, some home builders ‘conceal’ their extra charges and don’t provide you fixed upfront ‘costs’. Meaning that ‘quote’ they just provided you, will most certainly NOT be the total cost you need to pay.
Which’s when you should be asking yourself, why?
If you’re being offered any house and land packages that are tens of thousands of dollars less expensive than other similar houses you have actually looked at … there is probably a great reason why.
Most of the time it’s because 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 costs’ so the home builder can make up their original price gap.
We hear a lot of scary stories from very first house buyers that get a little bit too excited and unfortunately didn’t do adequate due diligence prior to parting with their hard-earned cash.
Rahul was one of them. He came to us after using his entire $25,000 deposit to secure a block of land that no Company wanted to develop on (plus the worst part was, he believed he ‘d got himself an inexpensive price, however he ‘d in fact paid more than what it was worth and actually didn’t need to turn over a 10% deposit either).
Sara, unfortunately, approached us after she ‘d already signed agreements with a big Company and paid her deposit, just to later be hit with an additional $35,000 in ‘unexpected’ costs (for extras she believed were included in the initial quote) and had no idea how she ‘d cover the costs.
Luckily, with Rahul, one of our brand-new house land experts 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.
But, with Sara, it was too late. Beginning once again with another builder 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 those lifes lessons.
Rahul and Sara are just a few of the numerous very first house buyers that find themselves in a really confronting scenario because they have actually made a decision (and parted with a lot of savings) without having all the details and support from experts, that they required.
And we really don’t want that to happen to you!
That’s why we began the First Home Buyer Accelerator to direct novice new home buyers through the entire procedure so you don’t make any of the costly 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 sure you move into your very first house delighted and proud.
Think of having comfort that when you do find your perfect very first house, you understand 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 making a decision you may later regret and you’ll also discover instantly if you receive help finding, purchasing and building your brand-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.