We understand it’s a very thrilling time purchasing and building your very first home, nevertheless, it does not constantly end up that way for many first home buyers.
A lot of times we see people losing hundreds of thousands of their hard earned money on a new home & land package due to the fact that they thought they were getting themselves a great deal.
However remember, if it sounds too great to be real, it normally is!
See, some home builders ‘conceal’ their extra fees and don’t provide you fixed upfront ‘quotes’. Suggesting that ‘quote’ they just offered you, will most absolutely NOT be the total cost you need to pay.
Which’s when you should be asking yourself, why?
If you’re being sold any home and land packages that are 10s of thousands of dollars less expensive than other similar homes you have actually looked at … there is most likely a great reason why.
The majority of the time it’s due to the fact that you’re missing out on inclusions that must really come as standard (and they’ll be making you pay for them later), or you’re going to be paying extra for ‘site expenses’ so the home builder can make up their original price gap.
We hear a great deal of horror stories from very first home buyers that get a bit too fired up and regrettably didn’t do sufficient due diligence prior to parting with their hard-earned money.
Rahul was among them. He came to us after using his entire $25,000 deposit to secure a block of land that no builder wished to develop on (plus the worst part was, he thought he ‘d got himself a low-cost rate, but he ‘d really paid more than what it was valued at and truly didn’t require to turn over a 10% deposit either).
Sara, regrettably, came to us after she ‘d just signed contracts with a big builder and paid her deposit, only to later be hit with an extra $35,000 in ‘unforeseen’ expenses (for items she thought were inclusive in the original quote) and had no thought of how she ‘d pay for them.
Thankfully, with Rahul, among our new home build professionals had the ability 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 far too late. Beginning again with another home builder and losing the deposit she had actually already paid wasn’t an option. So she ended up having to finance the extra $35,000 from her parents and chalk it up to one of lifes lessons.
Rahul and Sara are just a few of the numerous very first home buyers that discover themselves in a really difficult scenario due to the fact that they have actually decided (and parted with a great deal of cash) without having all the information and assistance from professionals, that they needed.
And we really don’t want that to happen to you!
That’s why we started the First Home Buyer Accelerator to assist novice purchasers through the entire process so you don’t make any of the expensive and typical 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 best deal and it’s their role to make certain you move into your very first home happy and thrilled.
Think of having peace of mind that when you do locate your ideal very first home, you understand you’re making the right decision.
In just a quick 10 minute call, you’ll get to talk with one of our professionals prior to you making a decision you may later regret and you’ll also find out immediately if you get approved for assistance finding, purchasing and building your new very 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.