We know it’s a really exciting time purchasing and building your very first home, nevertheless, it doesn’t always end up that way for many first home purchasers.
A lot of times we see individuals squandering hundreds of thousands of dollars on a brand-new home & land bundle because they thought they were getting themselves a great deal.
But keep in mind, if it sounds too great to be true, it typically is!
See, some home builders ‘conceal’ their additional fees and don’t give you fixed upfront ‘costs’. Suggesting that ‘quote’ they just gave you, will most absolutely NOT be the total amount you need to pay.
Which’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 cheaper than other comparable houses you‘ve taken a look at … there is probably an excellent reason why.
The majority of the time it’s because you’re losing out on extras that should actually 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 contractor 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 excited and regrettably didn’t do enough research before parting with their hard-earned money.
Rahul was among them. He came to us after spending his entire $25,000 deposit to secure a block of land that no builder wished to build on (plus the worst part was, he thought he ‘d got himself an inexpensive price, however he ‘d in fact paid more than what it was worth and actually didn’t require to hand over a 10% deposit either).
Sara, regrettably, approached us after she ‘d just signed contracts with a big builder and paid her deposit, just to later on be struck with an extra $35,000 in ‘unexpected’ expenses (for extras she thought were inclusive in the initial quote) and had no idea how she ‘d pay for them.
Fortunately, with Rahul, one of our brand-new home land professionals were able to help 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 once again with another home builder and losing the deposit she ‘d previously paid wasn’t an alternative. 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 a few of the many very first home purchasers that discover themselves in a really stressful situation because they‘ve made a decision (and parted with a great deal of money) without having all the info and support from professionals, that they needed.
And we truly don’t wish that to happen to you!
That’s why we began the First Home Buyer Accelerator to guide first-time new home buyers through the entire procedure so you don’t make any of the pricey and common errors we see far too often.
It’s their job to ask all of those questions that Rahul and Sara ought to have asked. It’s their job to find you the best offer and it’s their job to ensure you move into your very first home delighted and thrilled.
Think of having comfort that when you do find your perfect very first home, you know you’re making the right decision.
In just a quick 10 minute call, you’ll get to talk with one of our professionals before you deciding you might later on regret and you’ll also learn instantly if you qualify for assistance finding, purchasing and building your brand-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.