We know it’s a very amazing time buying and building your first home, however, it does not always wind up that way for a good deal of first home buyers.
A lot of times we see people wasting hundreds of thousands of dollars on a new house & land bundle due to the fact that they thought they were getting themselves a good deal.
But remember, if it sounds too great to be real, it generally is!
See, some Companies ‘conceal’ their additional fees and do not provide you fixed upfront ‘costs’. Suggesting that ‘quote’ they simply offered you, will most absolutely NOT be the final amount you need to pay.
Which’s when you should be asking yourself, why?
If you’re being sold any home and land packages that are 10s of thousands of dollars less expensive than other similar houses you have actually looked at … there is probably a good reason why.
The majority of the time it’s due to the fact that you’re losing out on inclusions that must 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 home builder can catch up their original price gap.
We hear a great deal of scary stories from first home buyers that get a little bit too excited and sadly didn’t do enough due diligence prior to parting with their hard-earned money.
Rahul was among them. He approached us after using his entire $25,000 deposit to secure a block of land that no builder wanted to build on (plus the worst part was, he thought he ‘d got himself an inexpensive rate, however he ‘d actually paid more than what it was valued at and really didn’t need to hand over a 10% deposit either).
Sara, sadly, contacted us after she ‘d already signed agreements with a big builder and paid her deposit, just to later on be hit with an additional $35,000 in ‘unforeseen’ expenses (for extras she thought were included in the initial quote) and had no thought of how she ‘d pay for them.
Luckily, with Rahul, among our new home build professionals had the ability 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 again with another home builder and losing the deposit she had actually previously paid wasn’t a choice. So she ended up needing to finance the additional $35,000 from her parents and chalk it up to one of lifes lessons.
Rahul and Sara are simply a few of the many first home buyers that find themselves in a really confronting scenario due to the fact that they have actually made a decision (and parted with a great deal of savings) without having all the information and help from professionals, that they needed.
And we honestly do not wish that to occur to you!
That’s why we began the First Home Buyer Accelerator to assist novice new home buyers through the entire procedure so you do not make any of the expensive and typical errors we see far frequently.
It’s their job to ask all of those questions that Rahul and Sara ought to have asked. It’s their job to locate you the very best deal and it’s their job to make sure you move into your first home delighted and ecstatic.
Think of having comfort that when you do locate your perfect first home, you understand you’re making the ideal choice.
In simply a quick 10 minute call, you’ll get to talk with one of our professionals prior to you making a decision you may later on regret and you’ll also learn instantly if you get approved for help finding, buying 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.