We know it’s a very thrilling time purchasing and building your very first home, however, it doesn’t always end up that way for a good deal of first time home purchasers.
Too many times we see individuals losing hundreds of thousands of dollars on a new house & land package since they thought they were getting themselves a good deal.
However keep in mind, if it sounds too good to be real, it usually is!
See, some builders ‘hide’ their extra fees and do not give you fixed upfront ‘quotes’. Indicating that ‘quote’ they just gave you, will most certainly NOT be the final amount 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 less expensive than other comparable houses you have actually looked at … there is probably a good reason why.
The majority of the time it’s since you’re missing out on inclusions that ought to really come as standard (and they’ll be making you pay for them later), or you’re going to be paying extra for ‘site costs’ so the builder can make up their original price shortfall.
We hear a great deal of horror stories from very first home purchasers that get a bit too excited and regrettably didn’t do adequate research prior to 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 Company wished to construct a house on (plus the worst part was, he thought he ‘d got himself an inexpensive cost, however he ‘d in fact paid more than what it was worth and actually didn’t need to turn over a 10% deposit either).
Sara, regrettably, approached us after she ‘d already signed agreements with a big Company and paid her deposit, only to later be hit with an extra $35,000 in ‘unforeseen’ costs (for extras she thought were inclusive in the initial quote) and had no idea how she ‘d pay for them.
Thankfully, with Rahul, among our new home build specialists had the ability to help him find a builder that specialised in building on smaller narrow blocks of land and wasn’t going to charge him a fortune to do so.
However, with Sara, it was far too late. Beginning once again with another Company and losing the deposit she had actually previously paid wasn’t a choice. So she wound up having 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 just a few of the many very first home purchasers that find themselves in a really stressful situation since they have actually made a decision (and parted with a great deal of cash) without having all the details and help from specialists, that they required.
And we truly do not wish that to occur to you!
That’s why we started the First Home Buyer Accelerator to assist first-time new home buyers through the whole procedure so you do not make any of the pricey and common mistakes we see far frequently.
It’s their role to ask all of those questions that Rahul and Sara ought to have asked. It’s their role to find you the best deal and it’s their role to make certain you move into your very first home pleased and thrilled.
Think of having comfort that when you do find your ideal very first home, you know you’re making the right choice.
In just a fast 10 minute call, you’ll get to talk to one of our specialists prior to you making a decision you might later regret and you’ll also discover instantly 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.