We understand it’s a really exciting time purchasing and building your very first home, nevertheless, it does not always end 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 package because they believed they were getting themselves a great deal.
But keep in mind, if it sounds too good to be real, it normally is!
See, some home builders ‘conceal’ their additional costs and don’t provide you fixed upfront ‘costs’. Suggesting that ‘quote’ they simply offered you, will most certainly NOT be the final cost you have to pay.
And that’s when you should be asking yourself, why?
If you’re being sold any home and land packages that are tens of thousands of dollars less expensive than other similar homes you have actually looked at … there is most likely a great reason why.
The majority of the time it’s because you’re losing out on extras that ought 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 costs’ so the contractor can make up their original price shortfall.
We hear a lot of scary stories from very first home purchasers that get a little bit too excited and unfortunately didn’t do adequate research before parting with their hard-earned cash.
Rahul was among them. He came to us after using his whole $25,000 deposit to secure a block of land that no home builder wanted to construct a house on (plus the worst part was, he believed he ‘d got himself a cheap cost, however he ‘d actually paid more than what it was worth and really didn’t need to hand over a 10% deposit either).
Sara, unfortunately, came to us after she ‘d just signed contracts with a well known home builder and paid her deposit, just to later on be struck with an extra $35,000 in ‘unexpected’ costs (for extras she believed were included in the initial quote) and had no idea how she ‘d cover the costs.
Luckily, with Rahul, among our new home land experts had the ability to assist him find 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 once again with another Company and losing the deposit she had actually already paid wasn’t a choice. So she ended up needing to finance the additional $35,000 from her mum and dad and chalk it up to one of lifes lessons.
Rahul and Sara are simply some of the numerous very first home purchasers that find themselves in a really difficult scenario because they have actually decided (and parted with a lot of cash) without having all the info and assistance from experts, that they needed.
And we honestly don’t want that to occur to you!
That’s why we began the First Home Buyer Accelerator to assist novice new home buyers through the whole process so you don’t make any of the costly and typical mistakes we see far too often.
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 ensure you move into your very first home delighted and excited.
Think of having comfort that when you do locate your ideal very first home, you know you’re making the right choice.
In simply a quick 10 minute call, you’ll get to talk to one of our experts before you deciding you might later on regret and you’ll also find out right away if you get approved for help finding, purchasing and building your new very 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.