We know it’s a very thrilling time buying and building your first home, however, it does not always end up that way for a good deal of first home purchasers.
Too many times we see people wasting hundreds of thousands of dollars on a brand-new home & land package due to the fact that they believed they were getting themselves a good deal.
But keep in mind, if it sounds too great to be true, it typically is!
See, some home builders ‘conceal’ their additional charges and do not provide you fixed upfront ‘quotes’. Indicating that ‘quote’ they simply gave you, will most definitely NOT be the final amount you have 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 less expensive than other comparable homes you‘ve taken a look at … there is most likely a good reason why.
Most of the time it’s due to the fact that you’re missing out on inclusions that ought to really 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 catch up their original price gap.
We hear a great deal of horror stories from first home purchasers that get a little bit too excited and unfortunately didn’t do adequate research before parting with their hard-earned cash.
Rahul was among them. He came to us after using his whole $25,000 deposit to lock in a block of land that no builder wanted to construct a house on (plus the worst part was, he believed he ‘d got himself a cheap rate, however he ‘d really paid more than what it was worth and really didn’t need to turn over a 10% deposit either).
Sara, unfortunately, approached us after she ‘d already signed contracts with a big 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 idea how she ‘d pay for them.
Fortunately, with Rahul, one of our brand-new home build experts had the ability to help him find a home 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. Beginning again with another Company and losing the deposit she had actually previously paid wasn’t an alternative. So she wound up having 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 many first home purchasers that find themselves in a really confronting scenario due to the fact that they‘ve decided (and parted with a great deal of savings) without having all the info and support from experts, that they required.
And we honestly do not wish that to happen to you!
That’s why we started the First Home Buyer Accelerator to direct novice new home buyers through the whole process so you do not make any of the costly and typical mistakes we see far too often.
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 very best deal and it’s their role to ensure you move into your first home pleased and excited.
Imagine having peace of mind that when you do find your ideal first home, you know you’re making the right decision.
In simply a fast 10 minute call, you’ll get to consult with one of our experts before you deciding you may later on regret and you’ll also find out immediately if you qualify for help finding, buying and building your brand-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.