We understand it’s an extremely amazing time purchasing and building your first home, nevertheless, it does not constantly wind up that like that for lots of first time home buyers.
A lot of times we see people losing hundreds of thousands of dollars on a brand-new house & land bundle due to the fact that they thought they were getting themselves a great deal.
But keep in mind, if it sounds too good to be true, it generally is!
See, some builders ‘conceal’ their extra fees and do not provide you fixed upfront ‘costs’. Indicating that ‘quote’ they just gave you, will most definitely NOT be the total cost you have to pay.
And that’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 comparable homes you have actually looked at … there is most likely a great reason why.
Most of the time it’s due to the fact that you’re losing out on extras 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 costs’ so the home builder can make up their original price gap.
We hear a lot of scary stories from first home buyers that get a bit too excited and regrettably didn’t do enough due diligence before 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 Company wanted to develop on (plus the worst part was, he thought he ‘d got himself a cheap price, however he ‘d in fact paid more than what it was worth and truly didn’t need to turn over a 10% deposit either).
Sara, regrettably, contacted us after she ‘d already signed contracts with a well known Company and paid her deposit, just to later be struck with an additional $35,000 in ‘unanticipated’ costs (for extras she thought were included in the original quote) and had no idea how she ‘d pay for them.
Luckily, with Rahul, among our brand-new home experts 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.
However, with Sara, it was far too late. Starting once again with another home builder and losing the deposit she had actually previously paid wasn’t an option. So she wound 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 just some of the numerous first home buyers that find themselves in a truly difficult circumstance due to the fact that they have actually made a decision (and parted with a lot of savings) without having all the details and help from experts, that they needed.
And we really do not want that to occur to you!
That’s why we started the First Home Buyer Accelerator to direct first-time purchasers through the whole procedure so you do not make any of the pricey 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 find you the very best offer and it’s their role to make sure you move into your first home pleased and excited.
Picture having comfort that when you do find your ideal first home, you know you’re making the ideal choice.
In just a fast 10 minute call, you’ll get to speak with one of our experts before you deciding you may later regret and you’ll also discover instantly if you receive help finding, purchasing and building your brand-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.