We understand it’s a really exciting time buying and building your first home, however, it does not always wind up that way for lots of first home buyers.
Too many times we see individuals squandering hundreds of thousands of their hard earned money on a new home & land bundle since they thought they were getting themselves a good deal.
However remember, if it sounds too great to be true, it normally is!
See, some builders ‘conceal’ their extra fees and do not offer you fixed upfront ‘quotes’. Suggesting that ‘quote’ they simply provided 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 home and land packages that are 10s of thousands of dollars less expensive than other similar houses you‘ve taken a look at … there is probably a good reason why.
The majority of the time it’s since you’re losing out on inclusions that must actually come as standard (and they’ll be making you pay for them later), or you’re going to be paying extra for ‘site costs’ so the builder can make up their original price gap.
We hear a lot of scary stories from first home buyers that get a bit too excited and regrettably didn’t do sufficient research prior to parting with their hard-earned money.
Rahul was among them. He came to us after using his whole $25,000 deposit to lock in a block of land that no Company wished to build on (plus the worst part was, he thought he ‘d got himself an inexpensive cost, however he ‘d in fact paid more than what it was valued at and actually didn’t need to hand over a 10% deposit either).
Sara, regrettably, contacted us after she ‘d already signed contracts with a big Company and paid her deposit, only to later be hit with an extra $35,000 in ‘unforeseen’ costs (for items she thought were inclusive in the original quote) and had no idea how she ‘d pay for them.
Fortunately, with Rahul, among our new home professionals were able to assist him discover 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 too late. Beginning once again with another Company and losing the deposit she ‘d previously paid wasn’t an option. So she wound up having 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 some of the many first home buyers that discover themselves in a really confronting circumstance since they‘ve made a decision (and parted with a lot of savings) without having all the information and assistance from professionals, that they required.
And we truly do not want that to occur to you!
That’s why we started the First Home Buyer Accelerator to guide first-time new home buyers through the whole procedure so you do not make any of the pricey and common mistakes we see far too often.
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 offer and it’s their role to make certain you move into your first home delighted and thrilled.
Think of having comfort that when you do locate your best first home, you understand you’re making the ideal decision.
In simply a fast 10 minute call, you’ll get to speak to one of our professionals prior to you making a decision you may later regret and you’ll also discover immediately if you get approved for assistance finding, buying and building your new 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.