We know it’s a really exciting time buying and building your very first house, nevertheless, it doesn’t always end up that like that for lots of first house purchasers.
A lot of times we see people wasting hundreds of thousands of their hard earned money on a new home & land bundle due to the fact that they thought they were getting themselves a good deal.
However keep in mind, if it sounds too great to be true, it usually is!
See, some home builders ‘hide’ their extra costs and do not offer you fixed upfront ‘costs’. Meaning that ‘quote’ they simply gave you, will most definitely NOT be the total amount you have to pay.
And that’s when you should be asking yourself, why?
If you’re being sold any house and land packages that are 10s of thousands of dollars less expensive than other similar houses you have actually looked at … there is most likely a great reason why.
The majority of the time it’s due to the fact that you’re missing out on extras 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 costs’ so the home builder can make up their original price gap.
We hear a lot of horror stories from very first house purchasers that get a little bit too fired up and regrettably didn’t do sufficient due diligence before parting with their hard-earned money.
Rahul was among them. He came to us after using his entire $25,000 deposit to secure a block of land that no Company wished to build on (plus the worst part was, he thought he ‘d got himself a low-cost price, but he ‘d really paid more than what it was valued at and really didn’t require to hand over a 10% deposit either).
Sara, regrettably, came to us after she ‘d already signed agreements with a big Company and paid her deposit, just to later on be struck with an extra $35,000 in ‘unanticipated’ costs (for extras she thought were inclusive in the original quote) and had no idea how she ‘d pay for them.
Fortunately, with Rahul, one of our new house land specialists were able to assist him find a 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 again with another Company and losing the deposit she ‘d previously paid wasn’t an alternative. So she ended up having to finance the extra $35,000 from her mum and dad and chalk it up to one of lifes lessons.
Rahul and Sara are simply a few of the numerous very first house purchasers that find themselves in a truly difficult circumstance due to the fact that they have actually made a decision (and parted with a lot of cash) without having all the details and support from specialists, that they required.
And we truly do not wish that to happen to you!
That’s why we started the First Home Buyer Accelerator to guide first-time new home buyers through the entire procedure so you do not make any of the expensive and common mistakes we see far frequently.
It’s their role to ask all of those questions that Rahul and Sara ought to have asked. It’s their role to find you the best deal and it’s their role to make sure you move into your very first house pleased and proud.
Think of having peace of mind that when you do find your ideal very first house, you understand you’re making the best decision.
In simply a fast 10 minute call, you’ll get to talk to one of our specialists before you deciding you may later on regret and you’ll also learn instantly if you receive assistance finding, buying and building your new very 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.