We understand it’s a very amazing time purchasing and building your first house, nevertheless, it does not always end up that way for many first time house buyers.
Too many times we see individuals losing 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.
But keep in mind, if it sounds too great to be real, it typically is!
See, some home builders ‘conceal’ their extra fees and do not provide you fixed upfront ‘quotes’. 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 offered any house and land packages that are tens of thousands of dollars less expensive than other similar homes you have actually taken a look at … there is most likely an excellent reason why.
The majority of the time it’s due to the fact that you’re losing out on inclusions that ought to 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 costs’ so the builder can catch up their original price shortfall.
We hear a great deal of scary stories from first house buyers that get a little bit too fired up and sadly didn’t do adequate due diligence before parting with their hard-earned cash.
Rahul was among them. He approached us after spending his entire $25,000 deposit to secure a block of land that no home builder wished to develop on (plus the worst part was, he believed he ‘d got himself a cheap rate, however he ‘d actually paid more than what it was valued at and really didn’t need to hand over a 10% deposit either).
Sara, sadly, approached us after she ‘d just signed agreements with a big home builder and paid her deposit, just to later on be struck with an extra $35,000 in ‘unforeseen’ costs (for extras she believed were included in the initial quote) and had no idea how she ‘d cover the costs.
Thankfully, with Rahul, one of our new house build professionals were able 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 far too late. Beginning again with another Company and losing the deposit she ‘d already paid wasn’t an option. So she ended up having to finance the extra $35,000 from her parents and chalk it up to one of lifes lessons.
Rahul and Sara are just a few of the numerous first house buyers that find themselves in a really confronting circumstance due to the fact that they have actually made a decision (and parted with a great deal of savings) without having all the information and assistance from professionals, that they required.
And we honestly do not wish that to happen to you!
That’s why we began the First Home Buyer Accelerator to guide novice new home buyers through the entire procedure so you do not make any of the expensive and typical mistakes we see far frequently.
It’s their job to ask all of those concerns that Rahul and Sara should have asked. It’s their job to find you the very best offer and it’s their job to make sure you move into your first house happy and proud.
Think of having assurance that when you do find your best first house, you understand you’re making the best choice.
In just a quick 10 minute call, you’ll get to speak with one of our professionals before you deciding you might later on regret and you’ll also learn instantly if you get approved for help finding, purchasing and building your 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.