We understand it’s a very thrilling time purchasing and building your first house, nevertheless, it does not constantly wind up that way for lots of first time house purchasers.
Too many times we see people losing hundreds of thousands of their hard earned money on a new house & land package since they thought they were getting themselves a good deal.
But remember, if it sounds too great to be true, it usually is!
See, some home builders ‘conceal’ their additional fees and do not offer you fixed upfront ‘costs’. Indicating that ‘quote’ they just offered you, will most definitely NOT be the final cost you have to pay.
And that’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 looked at … there is most likely a good reason why.
Most of the time it’s since you’re losing out on inclusions that ought to actually come as standard (and they’ll be making you pay for them later), or you’re going to be paying additional for ‘site costs’ so the builder can make up their original price gap.
We hear a great deal 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 cash.
Rahul was among them. He approached us after spending his whole $25,000 deposit to secure a block of land that no home builder wished to build on (plus the worst part was, he thought he ‘d got himself a low-cost price, but he ‘d in fact paid more than what it was valued at and truly didn’t need to hand over a 10% deposit either).
Sara, sadly, approached us after she ‘d already signed agreements with a big home builder and paid her deposit, just to later be hit with an extra $35,000 in ‘unanticipated’ costs (for extras she thought were inclusive in the original quote) and had no idea how she ‘d pay for them.
Thankfully, with Rahul, one of our new house land professionals had the ability to help him find a 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 once again with another builder and losing the deposit she had actually previously paid wasn’t a choice. So she wound up having to finance the additional $35,000 from her parents and chalk it up to one of those lifes lessons.
Rahul and Sara are just some of the many first house purchasers that find themselves in a really difficult scenario since they have actually decided (and parted with a great deal of cash) without having all the information and help from professionals, that they needed.
And we honestly do not 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 do not make any of the pricey and typical mistakes we see far too often.
It’s their job to ask all of those questions that Rahul and Sara ought to have asked. It’s their job to locate you the best deal and it’s their job to ensure you move into your first house happy and excited.
Think of having peace of mind that when you do locate your ideal first house, you understand you’re making the best decision.
In just a fast 10 minute call, you’ll get to speak with one of our professionals before you deciding you might later regret and you’ll also discover instantly if you get approved for assistance 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.