We understand it’s a really exciting time buying and building your very first home, nevertheless, it does not constantly end up that like that for lots of first home buyers.
A lot of times we see individuals wasting hundreds of thousands of dollars on a new house & land bundle because they believed they were getting themselves a good deal.
But keep in mind, if it sounds too great to be true, it usually is!
See, some Companies ‘hide’ their extra costs and don’t provide you fixed upfront ‘quotes’. Indicating that ‘quote’ they just provided you, will most certainly NOT be the total cost 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 cheaper than other similar homes you have actually taken a look at … there is most likely a good reason why.
Most of the time it’s because you’re missing out on inclusions that need to actually come as standard (and they’ll be making you pay for them later on), or you’re going to be paying extra for ‘site costs’ so the contractor can make up their original price shortfall.
We hear a great deal of horror stories from very first home buyers that get a little bit too excited and sadly didn’t do enough due diligence before parting with their hard-earned cash.
Rahul was among them. He approached us after spending his entire $25,000 deposit to secure a block of land that no builder wanted to construct a house on (plus the worst part was, he believed he ‘d got himself a low-cost price, however he ‘d really paid more than what it was valued at and really didn’t require to turn over a 10% deposit either).
Sara, sadly, contacted us after she ‘d already signed agreements with a well known builder and paid her deposit, just to later on be hit with an additional $35,000 in ‘unexpected’ costs (for extras she believed were inclusive in the initial quote) and had no thought of how she ‘d cover the costs.
Luckily, with Rahul, among our new home build specialists had the ability to assist him find 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.
However, with Sara, it was far too late. Beginning once again with another Company and losing the deposit she ‘d 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 those lifes lessons.
Rahul and Sara are just a few of the many very first home buyers that find themselves in a truly confronting situation because they have actually made a decision (and parted with a great deal of savings) without having all the info and support from specialists, that they needed.
And we really don’t wish that to happen to you!
That’s why we started the First Home Buyer Accelerator to guide first-time new home buyers through the entire process so you don’t make any of the expensive and typical errors we see far frequently.
It’s their job to ask all of those questions that Rahul and Sara should have asked. It’s their job to locate you the best offer and it’s their job to make certain you move into your very first home pleased and excited.
Think of having comfort that when you do locate your perfect very first home, you know you’re making the best decision.
In just a fast 10 minute call, you’ll get to talk with one of our specialists before you deciding you might later on regret and you’ll also learn right away if you receive assistance finding, buying 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.