We know it’s a very exciting time buying and building your first house, however, it does not constantly wind up that like that for many first time house buyers.
A lot of times we see individuals losing hundreds of thousands of dollars on a brand-new house & land package due to the fact that they believed they were getting themselves a good deal.
However remember, if it sounds too good to be real, it typically is!
See, some builders ‘conceal’ their extra costs and don’t provide you fixed upfront ‘costs’. Suggesting that ‘quote’ they simply provided you, will most certainly NOT be the total amount you have to pay.
Which’s when you should be asking yourself, why?
If you’re being offered any house and land packages that are tens of thousands of dollars cheaper than other similar homes you‘ve taken a look at … there is probably an excellent reason why.
Most 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 expenses’ so the builder can make up their original price shortfall.
We hear a lot of scary stories from first house buyers that get a bit too fired up and regrettably didn’t do enough due diligence before parting with their hard-earned cash.
Rahul was one of them. He came to us after using his entire $25,000 deposit to secure a block of land that no builder wished to develop on (plus the worst part was, he believed he ‘d got himself a low-cost cost, however he ‘d in fact paid more than what it was valued at and truly didn’t need to turn over a 10% deposit either).
Sara, regrettably, came to 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 ‘unanticipated’ expenses (for extras she believed were included in the initial quote) and had no idea how she ‘d cover the costs.
Luckily, with Rahul, one of our brand-new house build experts had the ability to help him discover a home 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. Starting again with another builder and losing the deposit she ‘d previously paid wasn’t an alternative. So she wound up needing to borrow 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 first house buyers that discover themselves in a truly difficult situation due to the fact that they‘ve decided (and parted with a lot of money) without having all the info and support from experts, that they needed.
And we honestly don’t wish that to happen to you!
That’s why we started the First Home Buyer Accelerator to direct novice purchasers through the entire procedure so you don’t make any of the pricey and common mistakes 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 offer and it’s their job to ensure you move into your first house pleased and ecstatic.
Think of having assurance that when you do locate your ideal first house, you understand you’re making the ideal choice.
In simply a fast 10 minute call, you’ll get to speak to one of our experts before you making a decision you may later on regret and you’ll also discover right away if you qualify for help finding, buying and building your brand-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.