We know it’s a very thrilling time buying and building your first house, nevertheless, it doesn’t always wind up that way for a good deal of first house purchasers.
Too many times we see people wasting hundreds of thousands of dollars on a brand-new house & land package due to the fact that they believed they were getting themselves a good deal.
But keep in mind, if it sounds too good to be real, it normally is!
See, some builders ‘hide’ their extra fees and don’t give you fixed upfront ‘quotes’. Suggesting that ‘quote’ they simply provided you, will most absolutely NOT be the total cost you need to pay.
Which’s when you should be asking yourself, why?
If you’re being offered any house and land packages that are tens of thousands of dollars cheaper than other similar homes you have actually taken a look at … there is most likely a good reason why.
Most of the time it’s due to the fact that you’re missing out on inclusions that must really come as standard (and they’ll be making you pay for them later on), or you’re going to be paying extra for ‘site expenses’ so the builder can catch up their original price gap.
We hear a lot of horror stories from first house purchasers that get a little bit too fired up and sadly didn’t do adequate due diligence before parting with their hard-earned money.
Rahul was one of them. He approached us after spending his whole $25,000 deposit to lock in a block of land that no builder wished to develop on (plus the worst part was, he believed he ‘d got himself a low-cost price, but he ‘d really paid more than what it was valued at and actually didn’t require to hand over a 10% deposit either).
Sara, sadly, came to us after she ‘d already signed contracts with a well known builder and paid her deposit, just to later on be struck with an additional $35,000 in ‘unforeseen’ expenses (for extras she believed were inclusive in the original quote) and had no thought of how she ‘d cover the costs.
Fortunately, with Rahul, one of our brand-new house land experts were able to help him find a home builder that specialised in building on smaller narrow blocks of land and wasn’t going to charge him a fortune to do so.
But, with Sara, it was too late. Starting again with another Company and losing the deposit she had actually previously 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 numerous first house purchasers that find themselves in a truly difficult situation due to the fact that they have actually made a decision (and parted with a lot of cash) without having all the details and help from experts, that they needed.
And we truly don’t wish that to occur to you!
That’s why we began the First Home Buyer Accelerator to guide novice new home buyers through the whole process so you don’t make any of the pricey and common errors 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 deal and it’s their role to make certain you move into your first house happy and proud.
Think of having comfort that when you do locate your best first house, you understand you’re making the ideal choice.
In simply a quick 10 minute call, you’ll get to speak to one of our experts before you making a decision you may later on regret and you’ll also find out instantly if you qualify for assistance finding, buying and building your brand-new first house.
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.