We know it’s a very exciting time purchasing and building your first home, however, it does not always end up that way for many first time home buyers.
Too many times we see individuals squandering hundreds of thousands of their hard earned money on a new home & land bundle due to the fact that they believed they were getting themselves a great deal.
But keep in mind, if it sounds too good to be real, it generally is!
See, some home builders ‘hide’ their additional fees and don’t give you fixed upfront ‘costs’. Meaning that ‘quote’ they just gave you, will most definitely NOT be the total amount you have to pay.
And that’s when you should be asking yourself, why?
If you’re being offered any home and land packages that are tens of thousands of dollars cheaper than other comparable homes you have actually looked at … there is most likely a great reason why.
Most of the time it’s due to the fact that you’re missing out on extras that need to really come as standard (and they’ll be making you pay for them later on), or you’re going to be paying additional for ‘site expenses’ so the builder can make up their original price shortfall.
We hear a great deal of scary stories from first home buyers that get a little bit too fired up and sadly didn’t do sufficient research before parting with their hard-earned money.
Rahul was one of them. He came to us after using his entire $25,000 deposit to secure a block of land that no builder wanted to build on (plus the worst part was, he believed he ‘d got himself an inexpensive cost, but he ‘d actually paid more than what it was valued at and really didn’t require to turn over a 10% deposit either).
Sara, sadly, contacted us after she ‘d already signed contracts with a well known builder and paid her deposit, just to later on be hit with an additional $35,000 in ‘unforeseen’ expenses (for items she believed were inclusive in the initial quote) and had no thought of how she ‘d pay for them.
Luckily, with Rahul, one of our new home experts were able to help him find a home builder that specialised in building on smaller sized narrow blocks of land and wasn’t going to charge him a fortune to do so.
However, with Sara, it was far too late. Starting once again with another Company and losing the deposit she had actually previously paid wasn’t a choice. So she ended up having to finance the additional $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 home buyers that find themselves in a truly confronting scenario due to the fact that they have actually made a decision (and parted with a great deal of savings) without having all the info and help from experts, that they required.
And we really don’t 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 entire procedure so you don’t make any of the pricey and typical mistakes 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 offer and it’s their job to ensure you move into your first home pleased and ecstatic.
Picture having comfort that when you do locate your perfect 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 experts before you deciding you might later on regret and you’ll also learn right away if you get approved for help finding, purchasing and building your new 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.