We understand it’s a very exciting time buying and building your first home, however, it does not constantly wind up that way for many first home purchasers.
Too many times we see people losing hundreds of thousands of dollars on a new house & land bundle due to the fact that they thought they were getting themselves a good deal.
But keep in mind, if it sounds too good to be real, it usually is!
See, some builders ‘hide’ their extra costs and don’t offer you fixed upfront ‘quotes’. Indicating that ‘quote’ they simply offered you, will most definitely NOT be the final amount you have to pay.
And that’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 comparable homes you‘ve looked at … there is most likely an excellent reason why.
Most of the time it’s due to the fact that you’re losing out on inclusions that must really come as standard (and they’ll be making you pay for them later on), or you’re going to be paying extra for ‘site costs’ so the builder can make up their original price gap.
We hear a great deal of scary stories from first home purchasers that get a little bit too excited and unfortunately didn’t do enough research prior to parting with their hard-earned cash.
Rahul was one of them. He came to us after spending his entire $25,000 deposit to lock in 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, however he ‘d actually paid more than what it was valued at and actually didn’t need to turn over a 10% deposit either).
Sara, unfortunately, contacted us after she ‘d just signed contracts with a big builder and paid her deposit, only to later on be struck with an additional $35,000 in ‘unexpected’ costs (for extras she thought were inclusive in the original quote) and had no thought of how she ‘d cover the costs.
Luckily, with Rahul, among our new home build experts had the ability to help 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.
However, with Sara, it was far too late. Starting again with another Company and losing the deposit she ‘d already paid wasn’t an alternative. So she ended up needing to borrow the extra $35,000 from her mum and dad and chalk it up to one of those lifes lessons.
Rahul and Sara are simply a few of the many first home purchasers that discover themselves in a truly difficult circumstance due to the fact that they‘ve decided (and parted with a great deal of savings) without having all the details and help from experts, that they required.
And we honestly don’t wish that to happen to you!
That’s why we started the First Home Buyer Accelerator to guide novice new home buyers through the entire procedure so you don’t make any of the expensive 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 sure you move into your first home pleased and thrilled.
Imagine having assurance that when you do locate your best first home, you know you’re making the right decision.
In simply a quick 10 minute call, you’ll get to speak to one of our experts prior to you deciding you might later on regret and you’ll also discover right away if you receive assistance finding, buying and building your 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.