We know it’s a really thrilling time purchasing and building your very first house, nevertheless, it doesn’t always end up that way for lots of first house buyers.
A lot of times we see people wasting hundreds of thousands of dollars on a brand-new house & land package since they thought they were getting themselves a great deal.
But keep in mind, if it sounds too good to be true, it typically is!
See, some home builders ‘conceal’ their extra charges and do not give you fixed upfront ‘quotes’. Indicating that ‘quote’ they simply offered you, will most certainly NOT be the total cost you have to pay.
Which’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 probably a great reason why.
The majority of the time it’s since you’re losing out on inclusions that must really come as standard (and they’ll be making you pay for them later on), or you’re going to be paying extra for ‘site expenses’ so the builder can make up their original price gap.
We hear a great deal of scary stories from very first house buyers that get a bit too excited and unfortunately didn’t do enough due diligence prior to parting with their hard-earned money.
Rahul was among them. He approached us after spending his whole $25,000 deposit to secure a block of land that no builder wanted to construct a house on (plus the worst part was, he thought he ‘d got himself a cheap price, however he ‘d in fact paid more than what it was valued at and really didn’t need to hand over a 10% deposit either).
Sara, unfortunately, came to us after she ‘d just signed agreements with a well known builder and paid her deposit, just to later on be struck with an additional $35,000 in ‘unexpected’ expenses (for items she thought were inclusive in the initial quote) and had no idea how she ‘d pay for them.
Fortunately, with Rahul, among our brand-new house specialists had the ability to help him find a 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 far too late. Beginning 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 extra $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 many very first house buyers that find themselves in a truly difficult circumstance since they have actually decided (and parted with a great deal of savings) without having all the info and support from specialists, that they required.
And we really do not wish that to happen to you!
That’s why we began the First Home Buyer Accelerator to direct novice new home buyers through the whole procedure so you do not make any of the costly and typical 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 best deal and it’s their job to ensure you move into your very first house happy and excited.
Think of having assurance that when you do find your best very first house, you know you’re making the best choice.
In simply a quick 10 minute call, you’ll get to speak with one of our specialists prior to you making a decision you may later on regret and you’ll also learn right away if you receive assistance finding, purchasing and building your brand-new very 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.