We understand it’s a very exciting time buying and building your very first house, however, it doesn’t constantly end up that like that for a good deal of first house buyers.
Too many times we see people losing hundreds of thousands of dollars on a new home & land bundle since they thought they were getting themselves a good deal.
But keep in mind, if it sounds too good to be true, it normally is!
See, some home builders ‘conceal’ their additional fees and do not give you fixed upfront ‘costs’. Meaning that ‘quote’ they just offered you, will most absolutely NOT be the final cost you have 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 most likely a great reason why.
Most of the time it’s since you’re missing 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 additional for ‘site expenses’ so the contractor can catch up their original price shortfall.
We hear a lot of horror stories from very first house buyers that get a little bit too excited and regrettably didn’t do adequate research before parting with their hard-earned cash.
Rahul was among them. He approached us after spending his entire $25,000 deposit to lock in a block of land that no home builder wished to construct a house on (plus the worst part was, he thought he ‘d got himself a low-cost price, however he ‘d in fact paid more than what it was worth and truly didn’t require to turn over a 10% deposit either).
Sara, regrettably, contacted us after she ‘d just signed contracts 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 thought were inclusive in the initial quote) and had no thought of how she ‘d cover the costs.
Luckily, with Rahul, among our new house specialists had the ability to help 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 far too late. Beginning again with another home builder and losing the deposit she ‘d already paid wasn’t a choice. So she wound up needing 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 many very first house buyers that find themselves in a really stressful scenario since they have actually made a decision (and parted with a lot of cash) without having all the information and assistance from specialists, that they required.
And we truly do not 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 process so you do not make any of the costly and typical mistakes we see far frequently.
It’s their role to ask all of those concerns that Rahul and Sara ought to have asked. It’s their role to locate you the best offer and it’s their role to make certain you move into your very first house pleased and thrilled.
Imagine having assurance that when you do locate your perfect very first house, you understand you’re making the ideal choice.
In just a quick 10 minute call, you’ll get to consult with one of our specialists before you making a decision you may later regret and you’ll also find out instantly 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.