We know it’s an extremely thrilling time purchasing and building your first home, however, it doesn’t always wind up that way for many first home purchasers.
Too many times we see people losing hundreds of thousands of dollars on a new house & land package due to the fact that they thought they were getting themselves a great deal.
However keep in mind, if it sounds too great to be real, it typically is!
See, some home builders ‘hide’ their extra costs and don’t offer you fixed upfront ‘costs’. Indicating that ‘quote’ they simply gave you, will most definitely NOT be the final amount you have to pay.
And that’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 cheaper than other comparable houses you‘ve taken a look at … there is most likely a good reason why.
Most of the time it’s due to the fact that you’re losing out on extras that ought to 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 home builder can catch up their original price gap.
We hear a lot of scary stories from first home purchasers that get a bit too fired up and unfortunately didn’t do sufficient due diligence prior to parting with their hard-earned cash.
Rahul was one of them. He came to us after using his whole $25,000 deposit to secure a block of land that no builder wanted to build on (plus the worst part was, he thought he ‘d got himself a cheap cost, however he ‘d in fact paid more than what it was worth and really didn’t require to turn over a 10% deposit either).
Sara, unfortunately, contacted us after she ‘d just 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 extras 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 specialists were able to assist him discover a builder that specialised in working on smaller narrow blocks of land and wasn’t going to charge him a fortune to do so.
But, with Sara, it was far too late. Starting again with another home builder and losing the deposit she had actually already paid wasn’t an alternative. So she ended up needing to borrow the extra $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 first home purchasers that discover themselves in a truly confronting scenario due to the fact that they‘ve decided (and parted with a lot of savings) without having all the information and support from specialists, that they needed.
And we truly don’t wish that to happen to you!
That’s why we began the First Home Buyer Accelerator to guide novice purchasers through the whole process so you don’t make any of the expensive and typical mistakes we see far too often.
It’s their role to ask all of those concerns that Rahul and Sara should have asked. It’s their role to find you the very best deal and it’s their role to make sure you move into your first home delighted and ecstatic.
Think of having assurance that when you do find your ideal first home, you understand you’re making the right decision.
In simply a fast 10 minute call, you’ll get to talk to one of our specialists prior to you making a decision you may later on regret and you’ll also find out immediately if you qualify for help finding, purchasing 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.