We know it’s a really thrilling time purchasing and building your very first home, nevertheless, it doesn’t always wind up that way for lots of first time home buyers.
A lot of times we see people wasting hundreds of thousands of their hard earned money on a new house & land bundle since they believed they were getting themselves a great deal.
However remember, if it sounds too good to be real, it normally is!
See, some Companies ‘conceal’ their additional fees and don’t give you fixed upfront ‘costs’. Meaning that ‘quote’ they simply offered you, will most certainly NOT be the final cost you need to pay.
Which’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 probably a great reason why.
The majority of the time it’s since you’re losing out on extras that must actually come as standard (and they’ll be making you pay for them later on), or you’re going to be paying additional for ‘site costs’ so the contractor can make up their original price gap.
We hear a lot of scary stories from very first home buyers that get a little bit too excited and unfortunately didn’t do enough due diligence before parting with their hard-earned money.
Rahul was one of them. He approached us after spending his entire $25,000 deposit to secure 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 actually paid more than what it was worth and really didn’t require to turn over a 10% deposit either).
Sara, unfortunately, approached us after she ‘d just signed agreements with a well known builder and paid her deposit, only to later on be struck with an additional $35,000 in ‘unanticipated’ costs (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 professionals were able 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 far too late. Beginning once again with another builder and losing the deposit she had actually previously paid wasn’t an alternative. So she wound up needing to borrow the additional $35,000 from her mum and dad and chalk it up to one of those lifes lessons.
Rahul and Sara are simply a few of the numerous very first home buyers that find themselves in a really confronting circumstance since they have actually made a decision (and parted with a lot of savings) without having all the details and support from professionals, 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 assist first-time new home buyers through the entire process so you don’t make any of the pricey and common errors we see far frequently.
It’s their job to ask all of those questions that Rahul and Sara ought to 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 very first home delighted and excited.
Imagine having comfort that when you do find your ideal very first home, you know you’re making the ideal decision.
In simply a fast 10 minute call, you’ll get to consult with one of our professionals before you deciding you might later on regret and you’ll also discover instantly if you get approved for help finding, purchasing and building your new very 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.