We know it’s a very thrilling time buying and building your first house, however, it does not always end up that way for lots of first time house purchasers.
A lot of times we see individuals losing hundreds of thousands of their hard earned money on a new home & land bundle due to the fact that they believed they were getting themselves a great deal.
However keep in mind, if it sounds too good to be real, it typically is!
See, some builders ‘hide’ their extra charges and don’t offer you fixed upfront ‘quotes’. Suggesting that ‘quote’ they simply offered you, will most definitely NOT be the total cost you need to pay.
Which’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 less expensive than other similar homes you‘ve taken a look 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 inclusions that ought to really 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 lot of scary stories from first house purchasers that get a little bit too fired up and unfortunately didn’t do adequate research before parting with their hard-earned cash.
Rahul was one of them. He approached us after spending 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 an inexpensive rate, however he ‘d actually paid more than what it was worth and actually didn’t need to hand over a 10% deposit either).
Sara, unfortunately, contacted us after she ‘d already signed agreements with a well known builder and paid her deposit, just to later on be struck with an extra $35,000 in ‘unforeseen’ costs (for extras she believed were inclusive in the original quote) and had no thought of how she ‘d cover the costs.
Luckily, with Rahul, one of our new house experts were able 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 far too late. Starting once again with another Company and losing the deposit she ‘d already paid wasn’t an alternative. So she ended up having to borrow the extra $35,000 from her parents and chalk it up to one of lifes lessons.
Rahul and Sara are simply a few of the many first house purchasers that find themselves in a really confronting scenario due to the fact that they‘ve made a decision (and parted with a lot of savings) without having all the information and support from experts, 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 direct novice purchasers through the whole procedure so you don’t make any of the costly and typical mistakes we see far frequently.
It’s their role to ask all of those concerns that Rahul and Sara should have asked. It’s their role to find you the very best deal and it’s their role to make sure you move into your first house happy and ecstatic.
Picture having assurance that when you do find your ideal first house, you know you’re making the best decision.
In simply a fast 10 minute call, you’ll get to consult with one of our experts before you deciding you might later on regret and you’ll also learn instantly if you qualify for help finding, buying and building your 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.