We know it’s an extremely exciting time purchasing and building your very first home, however, it does not constantly wind up that way for many first time home purchasers.
A lot of times we see people losing hundreds of thousands of their hard earned money on a new house & land package since they thought they were getting themselves a great deal.
However keep in mind, if it sounds too great to be true, it typically is!
See, some builders ‘hide’ their extra fees and don’t provide you fixed upfront ‘quotes’. Suggesting that ‘quote’ they simply provided you, will most definitely NOT be the final amount you need to pay.
And that’s when you should be asking yourself, why?
If you’re being offered any home and land packages that are tens of thousands of dollars less expensive than other similar homes you have actually looked at … there is most likely an excellent reason why.
The majority of the time it’s since you’re losing out on extras that should actually 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 builder can catch up their original price shortfall.
We hear a great deal of scary stories from very first home purchasers that get a little bit too fired up and unfortunately didn’t do enough due diligence prior to parting with their hard-earned money.
Rahul was one of them. He approached us after spending his whole $25,000 deposit to secure a block of land that no builder wanted to develop on (plus the worst part was, he thought he ‘d got himself a cheap cost, 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 just signed agreements with a big builder and paid her deposit, only to later be hit with an additional $35,000 in ‘unanticipated’ costs (for extras she thought were inclusive in the original quote) and had no idea how she ‘d cover the costs.
Luckily, with Rahul, one of our new home experts had the ability to assist him find a builder that specialised in building on smaller sized narrow blocks of land and wasn’t going to charge him a fortune to do so.
But, with Sara, it was too late. Beginning once again with another home builder and losing the deposit she ‘d previously paid wasn’t an alternative. 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 some of the many very first home purchasers that find themselves in a really stressful circumstance since they have actually made a decision (and parted with a great deal of cash) without having all the details and assistance from experts, that they required.
And we truly don’t want that to occur to you!
That’s why we started the First Home Buyer Accelerator to guide novice purchasers through the whole procedure so you don’t make any of the costly and common errors we see far too often.
It’s their role to ask all of those questions that Rahul and Sara ought to have asked. It’s their role to locate you the very best offer and it’s their role to make sure you move into your very first home happy and excited.
Picture having assurance that when you do locate your perfect very first home, you understand you’re making the best decision.
In simply a quick 10 minute call, you’ll get to speak to one of our experts prior to you deciding you may later regret and you’ll also find out right away if you qualify for help finding, purchasing and building your 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.