We understand it’s a very amazing time buying and building your first house, nevertheless, it does not always wind up that like that for many first house buyers.
Too many times we see people wasting hundreds of thousands of dollars on a new home & land package since they believed they were getting themselves a good deal.
However remember, if it sounds too great to be real, it typically is!
See, some builders ‘hide’ their additional fees and do not provide you fixed upfront ‘costs’. Suggesting that ‘quote’ they just provided you, will most certainly 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 house and land packages that are 10s of thousands of dollars less expensive than other comparable homes you‘ve looked at … there is probably a great reason why.
The majority of the time it’s since you’re losing out on inclusions that need 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 expenses’ so the home builder can make up their original price gap.
We hear a great deal of scary stories from first house buyers that get a little bit too excited and sadly didn’t do adequate research before parting with their hard-earned cash.
Rahul was one of them. He came to us after spending his entire $25,000 deposit to lock in a block of land that no home builder wanted to construct a house on (plus the worst part was, he believed he ‘d got himself a low-cost cost, but he ‘d in fact paid more than what it was worth and really didn’t need to hand over a 10% deposit either).
Sara, sadly, approached us after she ‘d already signed contracts with a well known home builder and paid her deposit, just to later on be hit with an extra $35,000 in ‘unforeseen’ expenses (for extras she believed were included in the initial quote) and had no idea how she ‘d cover the costs.
Fortunately, with Rahul, one of our new house professionals were able 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 far too late. Starting again with another builder and losing the deposit she had actually previously paid wasn’t an option. So she wound up having to finance the additional $35,000 from her mum and dad and chalk it up to one of lifes lessons.
Rahul and Sara are just some of the many first house buyers that find themselves in a really difficult circumstance since they‘ve made a decision (and parted with a great deal of money) without having all the information and assistance from professionals, that they needed.
And we truly do not wish that to occur to you!
That’s why we started the First Home Buyer Accelerator to assist novice purchasers through the entire procedure so you do not make any of the pricey and typical 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 find you the very best deal and it’s their role to ensure you move into your first house happy and thrilled.
Think of having comfort that when you do find your best first house, you understand you’re making the ideal decision.
In just a fast 10 minute call, you’ll get to talk to one of our professionals before you deciding you might later on regret and you’ll also learn right away if you receive assistance finding, buying and building your new 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.