We know it’s an extremely exciting time buying and building your very first house, nevertheless, it does not constantly wind up that like that for a good deal of first house buyers.
Too many times we see individuals losing hundreds of thousands of dollars on a new home & land bundle since they believed they were getting themselves a good deal.
But keep in mind, if it sounds too great to be true, it usually is!
See, some home builders ‘conceal’ their extra costs and don’t provide you fixed upfront ‘costs’. Suggesting that ‘quote’ they simply gave you, will most absolutely NOT be the final cost you have to pay.
Which’s when you should be asking yourself, why?
If you’re being sold any house and land packages that are 10s of thousands of dollars cheaper than other similar homes you‘ve looked at … there is probably an excellent reason why.
The majority of the time it’s since you’re missing out on inclusions that must really 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 lot of horror stories from very first house buyers that get a little bit too fired up and unfortunately didn’t do sufficient due diligence prior to parting with their hard-earned cash.
Rahul was among them. He approached us after using his entire $25,000 deposit to lock in a block of land that no home builder wanted to develop 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 valued at and actually didn’t require to hand over a 10% deposit either).
Sara, unfortunately, contacted us after she ‘d just signed contracts with a big home builder and paid her deposit, only to later be struck with an additional $35,000 in ‘unexpected’ costs (for items she believed were included in the original quote) and had no thought of how she ‘d cover the costs.
Fortunately, with Rahul, one of our new house build 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 too late. Starting once again with another builder and losing the deposit she had actually already paid wasn’t a choice. So she ended up needing to finance the extra $35,000 from her parents and chalk it up to one of lifes lessons.
Rahul and Sara are simply a few of the numerous very first house buyers that discover themselves in a truly confronting scenario since they‘ve made a decision (and parted with a lot of money) without having all the details and support from professionals, that they needed.
And we truly don’t wish that to occur to you!
That’s why we began the First Home Buyer Accelerator to assist first-time purchasers through the entire process so you don’t make any of the pricey and typical mistakes 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 best deal and it’s their job to ensure you move into your very first house delighted and proud.
Picture having comfort that when you do find your best very first house, you understand you’re making the right decision.
In simply a fast 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 learn right away if you receive assistance finding, buying and building your 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.