We know it’s an extremely amazing time buying and building your very first home, nevertheless, it doesn’t constantly end up that way for a good deal of first home buyers.
Too many times we see individuals losing hundreds of thousands of their hard earned money on a new house & 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 true, it normally is!
See, some builders ‘conceal’ their extra charges and do not provide you fixed upfront ‘quotes’. Meaning that ‘quote’ they just offered you, will most definitely NOT be the total cost you have to pay.
And that’s when you should be asking yourself, why?
If you’re being sold any home and land packages that are tens of thousands of dollars less expensive than other similar houses you‘ve looked at … there is most likely a good reason why.
The majority of the time it’s due to the fact that you’re missing out on extras that need to actually come as standard (and they’ll be making you pay for them later), or you’re going to be paying extra for ‘site costs’ so the home builder can catch up their original price shortfall.
We hear a great deal of horror stories from very first home buyers that get a bit too fired up and regrettably didn’t do sufficient due diligence before parting with their hard-earned money.
Rahul was among them. He approached us after using his whole $25,000 deposit to lock in a block of land that no Company wanted to build on (plus the worst part was, he believed he ‘d got himself an inexpensive rate, but he ‘d really paid more than what it was valued at and really didn’t need to turn over a 10% deposit either).
Sara, regrettably, contacted us after she ‘d just signed agreements with a big Company and paid her deposit, only to later be hit 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 pay for them.
Luckily, with Rahul, one of our new home specialists had the ability to assist him discover a home builder that specialised in building 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. Starting 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 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 very first home buyers that discover themselves in a really difficult circumstance due to the fact that they‘ve decided (and parted with a great deal of money) without having all the details and help from specialists, that they needed.
And we truly do not 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 whole procedure so you do not make any of the pricey and typical errors we see far too often.
It’s their role to ask all of those questions that Rahul and Sara ought to have asked. It’s their role to find you the very best offer and it’s their role to ensure you move into your very first home delighted and excited.
Picture having assurance that when you do find your ideal very first home, you understand you’re making the ideal choice.
In just a quick 10 minute call, you’ll get to talk with one of our specialists before you making a decision you may later regret and you’ll also discover right away if you qualify for assistance finding, buying 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.