We understand it’s a really amazing time buying and building your first house, nevertheless, it does not always end up that like that for many first time house purchasers.
A lot of times we see people squandering hundreds of thousands of their hard earned money on a brand-new home & land package due to the fact that they thought 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 fees and do not provide you fixed upfront ‘quotes’. Suggesting that ‘quote’ they just gave you, will most definitely NOT be the final amount you need to pay.
And that’s when you should be asking yourself, why?
If you’re being offered any house and land packages that are 10s of thousands of dollars less expensive than other comparable houses you have actually looked at … there is probably a great reason why.
Most of the time it’s due to the fact that 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 builder can catch up their original price gap.
We hear a great deal of horror stories from first house purchasers that get a little bit too excited and unfortunately didn’t do enough due diligence prior to parting with their hard-earned cash.
Rahul was among them. He came to us after spending his whole $25,000 deposit to secure a block of land that no Company wished to build on (plus the worst part was, he thought he ‘d got himself an inexpensive cost, however he ‘d actually paid more than what it was valued at and actually didn’t need to turn over a 10% deposit either).
Sara, unfortunately, came to us after she ‘d just signed agreements with a big Company and paid her deposit, only to later be struck with an extra $35,000 in ‘unforeseen’ expenses (for items she thought were inclusive in the original quote) and had no thought of how she ‘d cover the costs.
Thankfully, with Rahul, among our brand-new house land experts were able to assist him discover a builder that specialised in building on smaller sized narrow blocks of land and wasn’t going to charge him a fortune to do so.
But, with Sara, it was far too late. Starting again with another home builder and losing the deposit she ‘d previously paid wasn’t an option. So she wound 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 purchasers that discover themselves in a really stressful 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 assistance from experts, that they required.
And we honestly do not wish that to occur to you!
That’s why we started the First Home Buyer Accelerator to guide novice new home buyers through the whole procedure so you do not 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 should have asked. It’s their role to locate you the very best offer and it’s their role to ensure you move into your first house delighted and proud.
Imagine having comfort that when you do locate your best first house, you understand you’re making the right choice.
In just a quick 10 minute call, you’ll get to talk to one of our experts prior to you making a decision you may later regret and you’ll also discover instantly if you receive help 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.