We understand it’s a really thrilling time buying and building your very first house, however, it does not always end up that like that for a good deal of first time house buyers.
Too many times we see people losing hundreds of thousands of dollars on a new home & land bundle because they thought they were getting themselves a great deal.
However remember, if it sounds too good to be true, it normally is!
See, some Companies ‘conceal’ their additional costs and do not offer you fixed upfront ‘quotes’. Indicating that ‘quote’ they just gave you, will most certainly NOT be the total cost you need to pay.
And that’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 less expensive than other similar houses you have actually looked at … there is most likely a good reason why.
The majority of the time it’s because you’re losing out on extras that need to really come as standard (and they’ll be making you pay for them later on), or you’re going to be paying additional for ‘site expenses’ so the builder can catch up their original price gap.
We hear a great deal of horror stories from very first house buyers that get a little bit too excited and unfortunately didn’t do sufficient research prior to parting with their hard-earned money.
Rahul was one of 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 thought he ‘d got himself a cheap price, but he ‘d really paid more than what it was worth and actually didn’t require to turn over a 10% deposit either).
Sara, unfortunately, contacted us after she ‘d already signed contracts with a well known builder and paid her deposit, only to later on be hit with an extra $35,000 in ‘unexpected’ expenses (for items she thought were included in the original quote) and had no thought of how she ‘d cover the costs.
Luckily, with Rahul, one of our new house build specialists 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. Beginning once again with another Company and losing the deposit she ‘d previously paid wasn’t an option. So she ended 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 a few of the numerous very first house buyers that find themselves in a really difficult scenario because they have actually decided (and parted with a great deal of money) without having all the details and help from specialists, that they required.
And we honestly do not wish that to occur to you!
That’s why we began the First Home Buyer Accelerator to direct novice new home buyers through the whole procedure so you do not make any of the costly and typical mistakes 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 offer and it’s their job to make sure you move into your very first house happy and excited.
Imagine having comfort that when you do find your best very first house, you understand you’re making the right choice.
In just a quick 10 minute call, you’ll get to speak with one of our specialists prior to you deciding you might later on regret and you’ll also learn immediately if you qualify for help finding, buying 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.