We know it’s a really exciting time purchasing and building your very first home, however, it does not constantly wind up that like that for many first time home purchasers.
A lot of times we see people squandering hundreds of thousands of their hard earned money on a new home & land package due to the fact that they thought they were getting themselves a good deal.
But remember, if it sounds too good to be real, it usually is!
See, some home builders ‘hide’ their additional costs and don’t provide you fixed upfront ‘quotes’. Meaning that ‘quote’ they simply provided you, will most absolutely NOT be the total cost 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 comparable houses you‘ve taken a look at … there is most likely an excellent reason why.
The majority of the time it’s due to the fact that you’re missing out on extras that need to 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 costs’ so the builder can catch up their original price gap.
We hear a lot of scary stories from very first home purchasers that get a bit too fired up and regrettably didn’t do adequate research prior to parting with their hard-earned money.
Rahul was one of them. He came to us after using his whole $25,000 deposit to lock in a block of land that no Company wished to construct a house on (plus the worst part was, he thought he ‘d got himself a cheap price, but he ‘d actually paid more than what it was valued at and really didn’t need to turn over a 10% deposit either).
Sara, regrettably, approached us after she ‘d already signed contracts with a big Company and paid her deposit, just to later on be struck with an extra $35,000 in ‘unexpected’ costs (for items she thought were included in the initial quote) and had no idea how she ‘d pay for them.
Thankfully, with Rahul, one of our new home build experts had the ability to help him discover a builder that specialised in building on smaller narrow blocks of land and wasn’t going to charge him a fortune to do so.
But, with Sara, it was too late. Starting once again with another builder and losing the deposit she ‘d previously paid wasn’t an option. So she wound up needing to finance the additional $35,000 from her mum and dad and chalk it up to one of those lifes lessons.
Rahul and Sara are simply a few of the many very first home purchasers that discover themselves in a really confronting circumstance due to the fact that they‘ve made a decision (and parted with a lot of money) without having all the information and support from experts, that they required.
And we honestly don’t wish that to happen to you!
That’s why we started the First Home Buyer Accelerator to direct first-time purchasers through the whole process 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 should 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 pleased and excited.
Picture having peace of mind that when you do find your ideal very first home, you know you’re making the best choice.
In simply a fast 10 minute call, you’ll get to speak with one of our experts prior to you making a decision you may later on regret and you’ll also find out right away if you get approved for help finding, purchasing 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.