We understand it’s an extremely thrilling time buying and building your very first home, nevertheless, it doesn’t constantly wind up that way for a good deal of first home buyers.
Too many times we see individuals wasting hundreds of thousands of dollars on a brand-new home & land package since they believed they were getting themselves a great deal.
However remember, if it sounds too great to be real, it typically is!
See, some builders ‘conceal’ their additional charges and do not provide you fixed upfront ‘costs’. Suggesting that ‘quote’ they just gave you, will most absolutely 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 home and land packages that are 10s of thousands of dollars cheaper than other similar homes you have actually looked at … there is most likely a great reason why.
The majority 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 make up their original price shortfall.
We hear a lot of horror stories from very first home buyers that get a bit too excited and unfortunately didn’t do sufficient due diligence prior to parting with their hard-earned money.
Rahul was one of them. He approached us after using his entire $25,000 deposit to lock in a block of land that no Company wished to build on (plus the worst part was, he believed he ‘d got himself an inexpensive rate, 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, came to us after she ‘d already signed agreements with a big Company and paid her deposit, only to later be struck with an extra $35,000 in ‘unanticipated’ costs (for extras she believed were inclusive in the initial quote) and had no idea how she ‘d cover the costs.
Fortunately, with Rahul, one of our brand-new home build professionals had the ability to help him find a home builder that specialised in working 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 already paid wasn’t an alternative. So she wound up needing to borrow the additional $35,000 from her parents and chalk it up to one of lifes lessons.
Rahul and Sara are just some of the numerous very first home buyers that find themselves in a truly difficult situation since they have actually decided (and parted with a lot of cash) without having all the details and assistance from professionals, that they required.
And we truly do not wish that to happen to you!
That’s why we started the First Home Buyer Accelerator to assist first-time purchasers through the entire procedure so you do not make any of the pricey and common mistakes we see far frequently.
It’s their role to ask all of those questions that Rahul and Sara should have asked. It’s their role to find you the best deal and it’s their role to make sure you move into your very first home happy and excited.
Imagine having peace of mind that when you do find your perfect very first home, you know you’re making the best decision.
In just a quick 10 minute call, you’ll get to talk to one of our professionals prior to you making a decision you may later regret and you’ll also find out instantly if you get approved for assistance finding, buying and building your brand-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.