We understand it’s a very thrilling time purchasing and building your first home, however, it does not always wind up that like that for lots of first time home purchasers.
Too many times we see people losing hundreds of thousands of their hard earned money on a new home & land package because they thought they were getting themselves a great deal.
However keep in mind, if it sounds too good to be true, it generally is!
See, some home builders ‘conceal’ their additional costs and do not provide you fixed upfront ‘quotes’. Indicating that ‘quote’ they just provided you, will most definitely NOT be the total amount you have to pay.
Which’s when you should be asking yourself, why?
If you’re being offered any home and land packages that are tens of thousands of dollars cheaper than other similar homes you have actually looked at … there is most likely an excellent reason why.
The majority of the time it’s because you’re missing out on extras that should really come as standard (and they’ll be making you pay for them later on), or you’re going to be paying additional for ‘site costs’ so the home builder can catch up their original price shortfall.
We hear a lot of horror stories from first home purchasers that get a little bit too fired up and unfortunately didn’t do adequate due diligence before parting with their hard-earned cash.
Rahul was among them. He approached us after using his entire $25,000 deposit to lock in a block of land that no builder wished to develop 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 worth and actually didn’t need to hand over a 10% deposit either).
Sara, unfortunately, contacted us after she ‘d already signed agreements with a well known builder and paid her deposit, just to later on be struck with an extra $35,000 in ‘unexpected’ costs (for items she thought were included in the original quote) and had no idea how she ‘d cover the costs.
Luckily, with Rahul, among our new home land professionals were able to help him discover a home 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. Beginning once again with another Company and losing the deposit she ‘d previously paid wasn’t an option. So she ended up having to finance the additional $35,000 from her mum and dad and chalk it up to one of those lifes lessons.
Rahul and Sara are just a few of the numerous first home purchasers that discover themselves in a really difficult situation because they have actually decided (and parted with a lot of money) without having all the info and assistance from professionals, that they required.
And we honestly do not wish that to occur to you!
That’s why we started the First Home Buyer Accelerator to direct first-time new home buyers through the entire process 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 very best deal and it’s their role to ensure you move into your first home delighted and ecstatic.
Picture having comfort that when you do locate your perfect first home, you understand you’re making the best decision.
In just a fast 10 minute call, you’ll get to talk with one of our professionals before you making a decision you might later on regret and you’ll also discover right away if you get approved 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.