We know it’s an extremely exciting time buying and building your first house, nevertheless, it does not always wind up that way for a good deal of first house buyers.
A lot of times we see individuals squandering hundreds of thousands of dollars on a brand-new home & land bundle because they believed they were getting themselves a great deal.
However keep in mind, if it sounds too good to be true, it typically is!
See, some builders ‘hide’ their extra costs 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 offered any house and land packages that are 10s of thousands of dollars cheaper than other similar houses you have actually taken a look at … there is most likely a good reason why.
Most of the time it’s because 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 extra for ‘site expenses’ so the contractor can make up their original price shortfall.
We hear a lot of horror stories from first house buyers that get a bit too excited and unfortunately didn’t do enough due diligence before parting with their hard-earned cash.
Rahul was among them. He came to us after using his whole $25,000 deposit to secure a block of land that no builder wished to build on (plus the worst part was, he believed he ‘d got himself a cheap rate, however he ‘d really paid more than what it was valued at and actually didn’t need to hand over a 10% deposit either).
Sara, unfortunately, contacted us after she ‘d already signed contracts with a well known builder and paid her deposit, just to later on be struck with an extra $35,000 in ‘unanticipated’ expenses (for items she believed were inclusive in the initial quote) and had no idea how she ‘d cover the costs.
Thankfully, with Rahul, among our brand-new house build specialists had the ability to assist him find a home builder that specialised in working 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 once again with another builder and losing the deposit she had actually already paid wasn’t an option. So she wound up needing to borrow the extra $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 house buyers that find themselves in a really difficult circumstance because they have actually decided (and parted with a lot of money) without having all the information and help from specialists, that they needed.
And we really do not wish that to happen to you!
That’s why we began the First Home Buyer Accelerator to assist first-time purchasers through the whole procedure so you do not make any of the costly and common errors we see far too often.
It’s their role to ask all of those concerns that Rahul and Sara ought to have asked. It’s their role to locate you the very best deal and it’s their role to make certain you move into your first house happy and proud.
Imagine having peace of mind that when you do locate your ideal first house, you know you’re making the best decision.
In simply a quick 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 discover immediately 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.