We know it’s a very thrilling time buying and building your first home, however, it does not always wind up that like that for many first home buyers.
Too many times we see individuals losing hundreds of thousands of dollars on a new home & land package since they thought they were getting themselves a great deal.
However keep in mind, if it sounds too great to be real, it typically is!
See, some builders ‘hide’ their additional fees and don’t provide you fixed upfront ‘costs’. Meaning that ‘quote’ they just gave you, will most absolutely NOT be the total amount 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 10s of thousands of dollars cheaper than other comparable homes you‘ve taken a look at … there is most likely an excellent reason why.
Most of the time it’s since you’re missing out on inclusions that should 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 catch up their original price gap.
We hear a great deal of horror stories from first home buyers that get a little bit too excited and regrettably didn’t do adequate research prior to parting with their hard-earned cash.
Rahul was among them. He came to us after spending his whole $25,000 deposit to lock in a block of land that no builder wanted to develop on (plus the worst part was, he thought he ‘d got himself an inexpensive rate, but he ‘d in fact paid more than what it was valued at and truly didn’t require to hand over a 10% deposit either).
Sara, regrettably, came to us after she ‘d already signed agreements with a well known builder and paid her deposit, only to later be struck with an additional $35,000 in ‘unexpected’ costs (for extras she thought were inclusive in the initial quote) and had no idea how she ‘d cover the costs.
Fortunately, with Rahul, one of our new home professionals had the ability to help him discover a builder that specialised in working 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 home builder and losing the deposit she ‘d previously paid wasn’t an alternative. So she wound up needing to finance the additional $35,000 from her mum and dad and chalk it up to one of lifes lessons.
Rahul and Sara are just a few of the numerous first home buyers that discover themselves in a really difficult scenario since they‘ve made a decision (and parted with a great deal of money) without having all the details and help from professionals, that they required.
And we really don’t wish that to occur to you!
That’s why we began the First Home Buyer Accelerator to guide first-time purchasers through the whole process so you don’t make any of the expensive and common errors we see far frequently.
It’s their job to ask all of those questions that Rahul and Sara should have asked. It’s their job to find you the very best offer and it’s their job to ensure you move into your first home delighted and thrilled.
Imagine having peace of mind that when you do find your best first home, you know you’re making the best choice.
In just a quick 10 minute call, you’ll get to speak to one of our professionals prior to you making a decision you may later regret and you’ll also learn instantly if you qualify for assistance finding, buying 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.