We know it’s a very exciting time purchasing and building your first house, however, it does not constantly wind up that like that for a good deal of first house purchasers.
A lot of times we see people wasting hundreds of thousands of dollars on a new home & land bundle since they thought they were getting themselves a good deal.
However remember, if it sounds too good to be real, it typically is!
See, some home builders ‘hide’ their extra fees and don’t give you fixed upfront ‘quotes’. Meaning that ‘quote’ they just provided you, will most certainly NOT be the final cost 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 most likely a good reason why.
Most 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 on), or you’re going to be paying extra for ‘site expenses’ so the home builder can catch up their original price gap.
We hear a lot of scary stories from first house purchasers that get a bit too fired up and sadly didn’t do adequate due diligence before parting with their hard-earned cash.
Rahul was among them. He approached us after spending his whole $25,000 deposit to lock in a block of land that no builder wished to develop on (plus the worst part was, he thought he ‘d got himself an inexpensive price, but he ‘d actually paid more than what it was valued at and really didn’t require to hand 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 on be hit with an additional $35,000 in ‘unexpected’ expenses (for extras she thought were included in the initial quote) and had no idea how she ‘d pay for them.
Fortunately, with Rahul, one of our new house professionals were able to help him find a home builder that specialised in building on smaller 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 once again with another home builder and losing the deposit she ‘d already paid wasn’t an alternative. So she wound up having to finance the extra $35,000 from her parents and chalk it up to one of those lifes lessons.
Rahul and Sara are just a few of the many first house purchasers that find themselves in a really difficult circumstance since they‘ve made a decision (and parted with a lot of savings) without having all the info and support from professionals, that they needed.
And we really don’t wish that to happen to you!
That’s why we began the First Home Buyer Accelerator to guide first-time purchasers through the whole procedure so you don’t make any of the expensive and common mistakes 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 best offer and it’s their role to make sure you move into your first house pleased and excited.
Picture having peace of mind that when you do locate your ideal first house, you understand you’re making the right choice.
In just a fast 10 minute call, you’ll get to speak to one of our professionals before you making a decision you may later on regret and you’ll also learn instantly if you receive assistance finding, purchasing 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.