We know it’s a really amazing time purchasing and building your first house, nevertheless, it does not constantly wind up that like that for many first house purchasers.
A lot of times we see individuals losing hundreds of thousands of dollars on a brand-new home & land bundle due to the fact that they thought they were getting themselves a good deal.
But keep in mind, if it sounds too great to be true, it usually is!
See, some builders ‘conceal’ their extra costs and don’t offer you fixed upfront ‘costs’. Meaning that ‘quote’ they just provided you, will most certainly NOT be the final amount you have to pay.
And that’s when you should be asking yourself, why?
If you’re being offered any house and land packages that are 10s of thousands of dollars cheaper than other similar houses you‘ve taken a look at … there is probably an excellent reason why.
The majority of the time it’s due to the fact that you’re missing out on extras that ought to 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 builder can make up their original price shortfall.
We hear a lot of horror stories from first house purchasers that get a bit too fired up and sadly didn’t do adequate due diligence before parting with their hard-earned cash.
Rahul was one of them. He came to us after using his entire $25,000 deposit to secure a block of land that no Company wished to construct a house on (plus the worst part was, he thought he ‘d got himself an inexpensive rate, but 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, approached us after she ‘d just 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 inclusive in the initial quote) and had no thought of how she ‘d cover the costs.
Fortunately, with Rahul, among our brand-new house specialists had the ability to assist him find 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 ‘d previously paid wasn’t an alternative. So she wound 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 first house purchasers that find themselves in a really confronting situation due to the fact that they‘ve decided (and parted with a lot of savings) without having all the information and assistance from specialists, that they needed.
And we honestly don’t wish that to occur to you!
That’s why we began the First Home Buyer Accelerator to guide novice new home buyers through the entire process so you don’t make any of the costly and typical mistakes 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 very best deal and it’s their job to ensure you move into your first house delighted and ecstatic.
Picture having comfort that when you do locate your best first house, you know you’re making the right decision.
In just a fast 10 minute call, you’ll get to speak with one of our specialists before you making a decision you may later regret and you’ll also find out right away if you get approved for assistance finding, purchasing and building your brand-new first house.
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.