We know it’s a very exciting time purchasing and building your very first home, however, it does not always wind up that like that for many first home buyers.
Too many times we see individuals squandering hundreds of thousands of dollars on a new house & land bundle due to the fact that they believed they were getting themselves a good deal.
However remember, if it sounds too great to be real, it typically is!
See, some home builders ‘conceal’ their extra fees and don’t give you fixed upfront ‘quotes’. Meaning that ‘quote’ they simply offered you, will most absolutely NOT be the final amount 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 10s of thousands of dollars cheaper than other similar houses you have actually taken a look at … there is most likely a great reason why.
The majority of the time it’s due to the fact that you’re missing out on inclusions that must actually 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 home builder can make up their original price shortfall.
We hear a lot of scary stories from very first home buyers that get a bit too excited and unfortunately didn’t do enough due diligence before parting with their hard-earned money.
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 wished to build on (plus the worst part was, he believed he ‘d got himself a cheap price, but he ‘d really paid more than what it was worth and truly didn’t require to turn over a 10% deposit either).
Sara, unfortunately, came to us after she ‘d just signed agreements with a big home builder and paid her deposit, only to later on be hit with an extra $35,000 in ‘unforeseen’ costs (for items she believed were inclusive in the original quote) and had no idea how she ‘d pay for them.
Thankfully, with Rahul, one of our new home build experts had the ability 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 Company and losing the deposit she had actually already paid wasn’t an alternative. So she ended up needing to finance the extra $35,000 from her parents and chalk it up to one of lifes lessons.
Rahul and Sara are simply a few of the many very first home buyers that find themselves in a really confronting situation due to the fact that they have actually made a decision (and parted with a lot of money) without having all the details and help from experts, that they required.
And we really don’t wish that to occur to you!
That’s why we began the First Home Buyer Accelerator to direct novice new home buyers through the whole process so you don’t make any of the costly and typical errors we see far too often.
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 very best deal and it’s their job to ensure you move into your very first home delighted and excited.
Imagine having assurance that when you do locate your best very first home, you know you’re making the right choice.
In simply a fast 10 minute call, you’ll get to speak with one of our experts before you making a decision you might later on regret and you’ll also discover immediately if you qualify 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.