We understand it’s a very thrilling time purchasing and building your first home, however, it doesn’t constantly end up that way for many first time home purchasers.
A lot of times we see people squandering hundreds of thousands of dollars on a brand-new house & land bundle due to the fact that they believed they were getting themselves a great deal.
However keep in mind, if it sounds too good to be real, it usually is!
See, some Companies ‘conceal’ their additional charges and do not provide you fixed upfront ‘costs’. Indicating that ‘quote’ they simply provided you, will most definitely NOT be the total amount you need to pay.
Which’s when you should be asking yourself, why?
If you’re being offered any home and land packages that are 10s of thousands of dollars less expensive than other similar homes you have actually looked at … there is probably an excellent reason why.
Most of the time it’s due to the fact that you’re missing out on extras that should 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 contractor can catch up their original price shortfall.
We hear a great deal of scary stories from first home purchasers that get a little bit too fired up and unfortunately didn’t do enough due diligence before parting with their hard-earned cash.
Rahul was one of them. He came to us after spending his whole $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 rate, but he ‘d actually paid more than what it was worth and really 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 on be hit with an additional $35,000 in ‘unanticipated’ expenses (for items she believed were inclusive in the initial quote) and had no thought of how she ‘d pay for them.
Luckily, with Rahul, among our brand-new home specialists had the ability to assist him discover a 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 far too late. Starting again with another Company and losing the deposit she had actually 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 simply some of the many first home purchasers that discover themselves in a truly confronting scenario due to the fact that they have actually made a decision (and parted with a great deal of savings) without having all the information and support from specialists, that they required.
And we honestly do not wish that to happen to you!
That’s why we began the First Home Buyer Accelerator to guide first-time purchasers through the whole procedure so you do not make any of the pricey and typical mistakes we see far frequently.
It’s their job to ask all of those concerns that Rahul and Sara ought to have asked. It’s their job to locate you the best deal and it’s their job to ensure you move into your first home pleased and excited.
Imagine having peace of mind that when you do locate your perfect first home, you understand you’re making the ideal choice.
In simply a fast 10 minute call, you’ll get to talk to one of our specialists before you making a decision you might later on regret and you’ll also learn instantly if you get approved for help finding, purchasing 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.