We understand it’s a very thrilling time buying and building your very first home, however, it does not always wind up that way for many first time home purchasers.
Too many times we see people losing hundreds of thousands of their hard earned money on a new home & land bundle since they thought they were getting themselves a good deal.
But remember, if it sounds too good to be real, it normally is!
See, some home builders ‘conceal’ their additional costs and don’t give you fixed upfront ‘quotes’. Meaning that ‘quote’ they just offered you, will most definitely NOT be the final cost you have to pay.
And that’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 homes you‘ve taken a look at … there is probably a good reason why.
The majority of the time it’s since you’re missing out on inclusions that should 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 costs’ so the home builder can make up their original price shortfall.
We hear a great deal of horror stories from very first home purchasers that get a bit too excited and regrettably didn’t do enough due diligence before parting with their hard-earned money.
Rahul was one of them. He approached us after spending his whole $25,000 deposit to lock in a block of land that no builder wished to construct a house on (plus the worst part was, he thought he ‘d got himself a cheap rate, but he ‘d actually paid more than what it was valued at and really didn’t need to hand over a 10% deposit either).
Sara, regrettably, came to us after she ‘d already signed agreements with a well known builder and paid her deposit, only to later on be struck with an additional $35,000 in ‘unforeseen’ costs (for extras she thought were included in the original quote) and had no thought of how she ‘d cover the costs.
Luckily, with Rahul, one of our new home professionals had the ability to assist him discover 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. Starting once again with another Company and losing the deposit she ‘d already paid wasn’t an option. So she ended up having to borrow the additional $35,000 from her parents and chalk it up to one of lifes lessons.
Rahul and Sara are just some of the many very first home purchasers that discover themselves in a truly stressful circumstance since they‘ve made a decision (and parted with a great deal of money) without having all the details and assistance from professionals, that they required.
And we truly don’t wish that to occur to you!
That’s why we began the First Home Buyer Accelerator to assist first-time new home buyers through the whole process so you don’t make any of the pricey and common mistakes we see far frequently.
It’s their role to ask all of those questions that Rahul and Sara should have asked. It’s their role to locate you the best deal and it’s their role to ensure you move into your very first home delighted and thrilled.
Picture having assurance that when you do locate your best very first home, you know you’re making the best choice.
In just a fast 10 minute call, you’ll get to speak to one of our professionals before you deciding you might later on regret and you’ll also discover immediately if you receive assistance finding, buying and building your 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.