We understand it’s a really exciting time purchasing and building your first home, however, it does not always end up that way for a good deal of first time home buyers.
Too many times we see individuals wasting hundreds of thousands of dollars on a new house & land bundle due to the fact that they thought they were getting themselves a good deal.
However keep in mind, if it sounds too good to be true, it normally is!
See, some Companies ‘conceal’ their extra fees and do not provide you fixed upfront ‘quotes’. Meaning that ‘quote’ they just provided you, will most certainly NOT be the total 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 less expensive than other comparable houses you‘ve looked at … there is most likely a great reason why.
The majority of the time it’s due to the fact that 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 home builder can catch up their original price gap.
We hear a lot of horror stories from first home buyers that get a little bit too fired up and sadly didn’t do sufficient research before 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 builder wanted to build on (plus the worst part was, he thought he ‘d got himself an inexpensive rate, however he ‘d in fact paid more than what it was valued at and actually didn’t need to turn over a 10% deposit either).
Sara, sadly, contacted us after she ‘d just signed agreements with a well known builder and paid her deposit, just to later be struck with an additional $35,000 in ‘unforeseen’ costs (for items she thought were included in the original quote) and had no thought of how she ‘d pay for them.
Luckily, with Rahul, one of our new home professionals were able to assist him find a builder that specialised in building on smaller sized 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 builder and losing the deposit she had actually previously paid wasn’t an option. So she wound up needing to finance the extra $35,000 from her parents and chalk it up to one of lifes lessons.
Rahul and Sara are just some of the numerous first home buyers that find themselves in a truly confronting situation due to the fact that they‘ve decided (and parted with a lot of money) without having all the info and support from professionals, that they required.
And we truly do not want that to occur to you!
That’s why we began the First Home Buyer Accelerator to guide novice new home buyers through the whole process so you do not make any of the costly 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 locate you the best offer and it’s their job to make sure you move into your first home happy and ecstatic.
Picture having peace of mind that when you do locate your perfect first home, you know you’re making the right decision.
In just a fast 10 minute call, you’ll get to talk with one of our professionals before you making a decision you may later regret and you’ll also discover instantly if you receive 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.