We understand it’s a very exciting time purchasing and building your first home, nevertheless, it does not constantly wind up that way for lots of first home buyers.
A lot of times we see individuals squandering hundreds of thousands of dollars on a new house & land package since they believed they were getting themselves a good deal.
But remember, if it sounds too great to be real, it typically is!
See, some home builders ‘hide’ their additional costs and don’t give you fixed upfront ‘costs’. Meaning that ‘quote’ they just offered you, will most certainly NOT be the final cost you have to pay.
Which’s when you should be asking yourself, why?
If you’re being sold any home and land packages that are tens of thousands of dollars less expensive than other comparable houses you‘ve taken a look at … there is probably a good reason why.
Most of the time it’s since you’re losing out on extras that need to really come as standard (and they’ll be making you pay for them later), or you’re going to be paying additional for ‘site expenses’ so the builder can make up their original price gap.
We hear a great deal of horror stories from first home buyers that get a bit too excited and sadly didn’t do sufficient research before parting with their hard-earned cash.
Rahul was one of them. He approached us after spending his entire $25,000 deposit to lock in a block of land that no builder wished to develop on (plus the worst part was, he believed he ‘d got himself an inexpensive price, however he ‘d in fact paid more than what it was worth and truly didn’t need to turn over a 10% deposit either).
Sara, sadly, contacted us after she ‘d already signed agreements with a well known builder and paid her deposit, just to later be struck with an extra $35,000 in ‘unanticipated’ expenses (for items she believed were included in the original quote) and had no thought of how she ‘d cover the costs.
Thankfully, with Rahul, among our new home professionals had the ability to assist him discover 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.
However, with Sara, it was far too late. Beginning again with another home builder and losing the deposit she had actually previously paid wasn’t an alternative. So she wound up having to finance the additional $35,000 from her parents and chalk it up to one of lifes lessons.
Rahul and Sara are just a few of the numerous first home buyers that discover themselves in a truly confronting scenario since they‘ve made a decision (and parted with a great deal of money) without having all the information and help 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 guide first-time purchasers through the entire process so you don’t make any of the expensive and common errors we see far too often.
It’s their role to ask all of those concerns that Rahul and Sara ought to have asked. It’s their role to locate you the best deal and it’s their role to ensure you move into your first home happy and excited.
Imagine having assurance that when you do locate your best first home, you know you’re making the right decision.
In just a fast 10 minute call, you’ll get to talk to one of our professionals before you making a decision you may later regret and you’ll also learn immediately if you receive help finding, purchasing and building your 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.