We understand it’s an extremely exciting time buying and building your first home, however, it doesn’t constantly wind up that like that for a good deal of first time home purchasers.
A lot of times we see individuals wasting hundreds of thousands of their hard earned money on a new house & land bundle since they thought they were getting themselves a great deal.
But keep in mind, if it sounds too great to be true, it generally is!
See, some home builders ‘conceal’ their additional charges and do not offer you fixed upfront ‘costs’. Indicating that ‘quote’ they just gave you, will most definitely NOT be the final amount you need 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 similar houses you have actually taken a look at … there is probably a good reason why.
The majority of the time it’s since you’re losing out on inclusions that need to really come as standard (and they’ll be making you pay for them later on), or you’re going to be paying additional for ‘site costs’ so the contractor can make up their original price shortfall.
We hear a great deal of scary stories from first home purchasers that get a little bit too excited and sadly didn’t do sufficient due diligence before parting with their hard-earned cash.
Rahul was one of them. He approached us after using his whole $25,000 deposit to lock in a block of land that no home builder wished to build on (plus the worst part was, he thought he ‘d got himself a low-cost rate, but he ‘d really paid more than what it was worth and truly didn’t need to hand over a 10% deposit either).
Sara, sadly, approached us after she ‘d just signed agreements with a well known home builder and paid her deposit, just to later on be struck with an extra $35,000 in ‘unanticipated’ costs (for items she thought were inclusive in the initial quote) and had no idea how she ‘d cover the costs.
Thankfully, with Rahul, one of our new home specialists were able to help him find a builder that specialised in working on smaller sized narrow blocks of land and wasn’t going to charge him a fortune to do so.
But, with Sara, it was too late. Beginning once again with another builder and losing the deposit she had actually already paid wasn’t an alternative. So she ended up having 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 some of the many first home purchasers that find themselves in a truly confronting circumstance since they have actually decided (and parted with a great deal of money) without having all the information and support from specialists, that they needed.
And we truly do not want that to happen to you!
That’s why we began the First Home Buyer Accelerator to assist first-time purchasers through the whole procedure so you do not make any of the pricey and typical mistakes 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 very best offer and it’s their role to ensure you move into your first home pleased and proud.
Think of having comfort that when you do find your perfect first home, you know you’re making the ideal choice.
In just a quick 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 discover right away if you qualify 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.