We understand it’s an extremely amazing time buying and building your very first house, nevertheless, it doesn’t constantly end up that way for a good deal of first time house purchasers.
A lot of times we see individuals losing hundreds of thousands of dollars on a new house & land bundle since they believed they were getting themselves a great deal.
However remember, if it sounds too good to be real, it generally is!
See, some home builders ‘conceal’ their additional costs and don’t offer you fixed upfront ‘quotes’. Meaning that ‘quote’ they just provided you, will most definitely NOT be the final cost you need to pay.
And that’s when you should be asking yourself, why?
If you’re being sold any house and land packages that are tens of thousands of dollars cheaper than other comparable homes you have actually taken a look at … there is probably a great reason why.
Most of the time it’s since you’re losing out on inclusions that ought to really come as standard (and they’ll be making you pay for them later), or you’re going to be paying additional for ‘site expenses’ so the builder can catch up their original price gap.
We hear a lot of scary stories from very first house purchasers that get a bit too excited and regrettably didn’t do sufficient research before parting with their hard-earned cash.
Rahul was one of them. He approached us after using his whole $25,000 deposit to secure a block of land that no builder wished to build on (plus the worst part was, he believed he ‘d got himself a cheap price, however he ‘d in fact paid more than what it was valued at and actually didn’t require to turn over a 10% deposit either).
Sara, regrettably, came to us after she ‘d already signed contracts with a big builder and paid her deposit, only to later be struck with an additional $35,000 in ‘unexpected’ expenses (for items she believed were included in the initial quote) and had no idea how she ‘d pay for them.
Thankfully, with Rahul, among our new house experts had the ability to help him discover a home builder that specialised in working on smaller narrow blocks of land and wasn’t going to charge him a fortune to do so.
But, with Sara, it was too late. Starting again with another builder and losing the deposit she had actually previously paid wasn’t an alternative. So she wound 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 many very first house purchasers that discover themselves in a really stressful circumstance since they have actually made a decision (and parted with a lot of savings) without having all the information and support from experts, that they needed.
And we really don’t want that to happen to you!
That’s why we started the First Home Buyer Accelerator to guide novice new home buyers through the whole procedure so you don’t make any of the pricey and common errors we see far frequently.
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 very first house pleased and excited.
Picture having assurance that when you do find your ideal very first house, you know you’re making the best choice.
In just a quick 10 minute call, you’ll get to speak to one of our experts before you making a decision you might later regret and you’ll also discover immediately if you receive help finding, buying and building your new very 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.