We understand it’s a really thrilling time buying and building your first home, nevertheless, it does not always end up that like that for a good deal of first time home purchasers.
Too many times we see people losing hundreds of thousands of dollars on a brand-new house & land bundle because they thought they were getting themselves a good deal.
However remember, if it sounds too good to be true, it normally is!
See, some builders ‘conceal’ their additional fees and don’t offer you fixed upfront ‘costs’. Meaning that ‘quote’ they just provided you, will most definitely NOT be the total 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 tens of thousands of dollars cheaper than other comparable houses you‘ve taken a look at … there is most likely an excellent reason why.
Most of the time it’s because you’re losing out on inclusions that need to 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 builder can make up their original price gap.
We hear a lot of horror stories from first home purchasers that get a bit too fired up and regrettably didn’t do sufficient due diligence prior to parting with their hard-earned cash.
Rahul was among them. He approached us after spending his entire $25,000 deposit to secure a block of land that no builder wanted to develop on (plus the worst part was, he thought he ‘d got himself an inexpensive cost, but he ‘d in fact paid more than what it was worth and actually didn’t need to hand over a 10% deposit either).
Sara, regrettably, approached us after she ‘d already signed agreements with a big builder and paid her deposit, just to later be struck with an additional $35,000 in ‘unanticipated’ expenses (for extras she thought were inclusive in the original quote) and had no thought of how she ‘d pay for them.
Thankfully, with Rahul, among our brand-new home experts were able to assist him find a home builder that specialised in working 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 again with another builder and losing the deposit she ‘d already paid wasn’t an option. So she ended up needing to finance 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 numerous first home purchasers that find themselves in a truly stressful circumstance because they‘ve decided (and parted with a lot of savings) without having all the info and support from experts, that they required.
And we truly don’t want that to occur to you!
That’s why we started the First Home Buyer Accelerator to direct first-time new home buyers through the entire procedure so you don’t make any of the costly and typical 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 best offer and it’s their job to ensure you move into your first home delighted and ecstatic.
Think of having comfort that when you do locate your perfect first home, you know you’re making the right choice.
In just a fast 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 right away if you get approved for assistance finding, buying 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.