We understand it’s a really exciting time buying and building your first home, however, it doesn’t constantly end up that way for many first time home buyers.
A lot of times we see individuals losing hundreds of thousands of their hard earned money on a new house & land package since they believed they were getting themselves a great deal.
However remember, if it sounds too great to be true, it generally is!
See, some builders ‘conceal’ their additional fees and do not provide you fixed upfront ‘quotes’. Suggesting that ‘quote’ they just gave 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 less expensive than other comparable homes you have actually looked at … there is most likely a good reason why.
Most of the time it’s since you’re missing out on inclusions that ought to actually come as standard (and they’ll be making you pay for them later), or you’re going to be paying additional 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 little bit too fired up and regrettably didn’t do adequate due diligence before parting with their hard-earned money.
Rahul was among them. He came to us after using his entire $25,000 deposit to lock in a block of land that no home builder wanted to develop on (plus the worst part was, he believed he ‘d got himself an inexpensive cost, but he ‘d actually paid more than what it was worth and truly didn’t need to turn over a 10% deposit either).
Sara, regrettably, came to us after she ‘d just signed agreements with a big home builder and paid her deposit, just to later be hit with an additional $35,000 in ‘unforeseen’ costs (for extras she believed were included in the original quote) and had no thought of how she ‘d cover the costs.
Fortunately, with Rahul, one of our new home build specialists had the ability to help him find a home builder that specialised in building on smaller narrow blocks of land and wasn’t going to charge him a fortune to do so.
However, with Sara, it was too late. Beginning again with another home builder and losing the deposit she ‘d previously paid wasn’t an alternative. So she wound up needing to finance the additional $35,000 from her mum and dad and chalk it up to one of lifes lessons.
Rahul and Sara are just a few of the numerous first home buyers that find themselves in a really stressful situation since they have actually decided (and parted with a lot of cash) without having all the information and assistance from specialists, that they needed.
And we truly do not wish that to occur to you!
That’s why we began the First Home Buyer Accelerator to guide novice purchasers through the entire process 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 questions that Rahul and Sara should have asked. It’s their role to find you the best deal and it’s their role to ensure you move into your first home delighted and proud.
Picture having assurance that when you do find your ideal first home, you understand you’re making the right choice.
In just a fast 10 minute call, you’ll get to consult with one of our specialists before you deciding you might later regret and you’ll also learn instantly if you get approved for assistance finding, buying 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.