We understand it’s an extremely exciting time buying and building your first house, nevertheless, it does not constantly wind up that way for a good deal of first house buyers.
A lot of times we see individuals losing hundreds of thousands of dollars on a brand-new home & land package since they thought they were getting themselves a good deal.
But remember, if it sounds too good to be true, it usually is!
See, some builders ‘conceal’ their extra fees and do not offer you fixed upfront ‘quotes’. Meaning that ‘quote’ they just gave you, will most absolutely NOT be the total amount you have to pay.
And that’s when you should be asking yourself, why?
If you’re being sold any house and land packages that are tens of thousands of dollars less expensive than other comparable homes you have actually looked at … there is probably a good reason why.
Most of the time it’s since you’re missing 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 costs’ so the builder can make up their original price shortfall.
We hear a lot of horror stories from first house buyers that get a little bit too excited and regrettably didn’t do sufficient due diligence prior to parting with their hard-earned cash.
Rahul was among them. He approached us after spending his whole $25,000 deposit to lock in a block of land that no home builder wanted to construct a house on (plus the worst part was, he thought he ‘d got himself a cheap price, however he ‘d actually paid more than what it was valued at and truly didn’t require to hand over a 10% deposit either).
Sara, regrettably, contacted us after she ‘d already signed agreements with a well known home builder and paid her deposit, just to later on be struck with an additional $35,000 in ‘unforeseen’ costs (for extras she thought were included 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 help 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 too late. Beginning once again with another home builder and losing the deposit she ‘d already paid wasn’t an option. So she ended up having to borrow the extra $35,000 from her parents and chalk it up to one of those lifes lessons.
Rahul and Sara are just some of the numerous first house buyers that discover themselves in a really stressful scenario since they have actually decided (and parted with a lot of money) without having all the info and assistance from specialists, that they needed.
And we truly do not wish that to happen to you!
That’s why we started the First Home Buyer Accelerator to direct first-time new home buyers through the whole procedure so you do not make any of the expensive and common mistakes we see far too often.
It’s their job to ask all of those questions that Rahul and Sara ought to have asked. It’s their job to find you the best deal and it’s their job to make certain you move into your first house delighted and excited.
Think of having comfort that when you do find your ideal first house, you understand you’re making the right choice.
In just a fast 10 minute call, you’ll get to talk to one of our specialists prior to you deciding you might later on regret and you’ll also learn instantly if you qualify for assistance 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.