We understand it’s a very amazing time buying and building your very first home, however, it doesn’t constantly end up that way for lots of first home buyers.
Too many times we see individuals wasting hundreds of thousands of dollars on a new home & land package since they believed they were getting themselves a great deal.
However keep in mind, if it sounds too great to be true, it normally is!
See, some builders ‘conceal’ their extra costs and don’t provide you fixed upfront ‘quotes’. Suggesting that ‘quote’ they simply gave you, will most definitely NOT be the final cost you have to pay.
Which’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 similar homes you‘ve looked at … there is probably an excellent reason why.
Most of the time it’s since 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 home builder can catch up their original price shortfall.
We hear a great deal of horror stories from very first home buyers that get a little bit too excited and sadly didn’t do sufficient due diligence before parting with their hard-earned money.
Rahul was among them. He came to us after spending his entire $25,000 deposit to lock in a block of land that no home builder wished to develop on (plus the worst part was, he believed he ‘d got himself an inexpensive price, but he ‘d really paid more than what it was valued at and truly didn’t need to turn over a 10% deposit either).
Sara, sadly, approached us after she ‘d already signed agreements with a well known home builder and paid her deposit, only to later be hit with an additional $35,000 in ‘unforeseen’ expenses (for items she believed were included in the original quote) and had no idea how she ‘d cover the costs.
Thankfully, with Rahul, one of our new home professionals were able to help 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.
However, with Sara, it was too late. Beginning again with another home builder and losing the deposit she had actually previously paid wasn’t a choice. So she wound up having to finance 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 numerous very first home buyers that find themselves in a truly difficult circumstance since they‘ve made a decision (and parted with a great deal of money) without having all the information and assistance from professionals, that they needed.
And we truly don’t want that to occur to you!
That’s why we began the First Home Buyer Accelerator to assist novice purchasers through the entire procedure so you don’t make any of the costly and typical mistakes we see far frequently.
It’s their role to ask all of those questions that Rahul and Sara should have asked. It’s their role to locate you the best deal and it’s their role to make certain you move into your very first home happy and excited.
Picture having peace of mind that when you do locate your ideal very first home, you understand you’re making the ideal decision.
In simply a fast 10 minute call, you’ll get to talk with one of our professionals before you deciding you might later regret and you’ll also discover immediately if you qualify for assistance finding, buying 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.