We know it’s a very amazing time purchasing and building your first home, however, it doesn’t always wind up that way for a good deal of first home purchasers.
A lot of times we see individuals losing hundreds of thousands of dollars on a new home & land package due to the fact that they believed they were getting themselves a great deal.
But keep in mind, if it sounds too good to be real, it typically is!
See, some Companies ‘hide’ their extra costs and do not give you fixed upfront ‘costs’. Suggesting that ‘quote’ they just provided you, will most definitely NOT be the final cost you need to pay.
Which’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 cheaper than other comparable houses you‘ve looked at … there is probably a great reason why.
Most of the time it’s due to the fact that you’re missing out on extras that must actually come as standard (and they’ll be making you pay for them later), or you’re going to be paying extra for ‘site expenses’ so the contractor can catch up their original price shortfall.
We hear a lot of horror stories from first home purchasers that get a bit too excited and regrettably didn’t do sufficient research before parting with their hard-earned money.
Rahul was one of them. He approached us after using his whole $25,000 deposit to secure a block of land that no Company wished to develop on (plus the worst part was, he believed he ‘d got himself a cheap cost, however he ‘d really paid more than what it was valued at and actually didn’t require to turn over a 10% deposit either).
Sara, regrettably, approached us after she ‘d just signed contracts with a well known Company and paid her deposit, only to later be hit with an additional $35,000 in ‘unanticipated’ expenses (for items she believed were included in the initial quote) and had no thought of how she ‘d pay for them.
Thankfully, with Rahul, one of our new home build experts had the ability to help him find a home builder that specialised in working on smaller narrow blocks of land and wasn’t going to charge him a fortune to do so.
However, with Sara, it was too late. Beginning once again with another Company and losing the deposit she ‘d previously paid wasn’t a choice. So she ended up having to finance the extra $35,000 from her mum and dad and chalk it up to one of lifes lessons.
Rahul and Sara are just a few of the many first home purchasers that find themselves in a truly difficult situation due to the fact that they‘ve made a decision (and parted with a lot of cash) without having all the info and assistance from experts, that they needed.
And we honestly do not want that to occur to you!
That’s why we started the First Home Buyer Accelerator to guide novice purchasers through the whole process so you do not make any of the costly and typical errors 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 make sure you move into your first home delighted and ecstatic.
Think of having assurance that when you do locate your best first home, you know you’re making the best decision.
In just a fast 10 minute call, you’ll get to talk with one of our experts before you deciding you might later regret and you’ll also learn instantly if you qualify for assistance finding, purchasing 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.