We understand it’s an extremely exciting time buying and building your first home, however, it doesn’t always end up that like that for many first home purchasers.
Too many times we see individuals losing 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 remember, if it sounds too good to be true, it typically is!
See, some builders ‘conceal’ their additional fees and don’t provide you fixed upfront ‘costs’. Indicating 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 home and land packages that are tens of thousands of dollars cheaper than other comparable houses you‘ve looked at … there is most likely a good reason why.
The majority of the time it’s since you’re missing out on inclusions that should 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 expenses’ so the home builder can catch up their original price gap.
We hear a great deal of horror stories from first home purchasers that get a bit too fired up and sadly didn’t do sufficient research before parting with their hard-earned money.
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 wanted to develop on (plus the worst part was, he thought he ‘d got himself a cheap rate, but he ‘d in fact paid more than what it was valued at and truly didn’t need to turn over a 10% deposit either).
Sara, sadly, approached us after she ‘d just signed contracts with a well known home builder and paid her deposit, only to later on be hit with an additional $35,000 in ‘unexpected’ expenses (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 experts were able 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.
However, with Sara, it was far too late. Starting again with another builder and losing the deposit she had actually already paid wasn’t an option. So she ended up needing 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 numerous first home purchasers that discover themselves in a really stressful scenario since they‘ve decided (and parted with a great deal of savings) without having all the information and help from experts, that they needed.
And we honestly don’t want that to happen to you!
That’s why we began the First Home Buyer Accelerator to assist novice new home buyers through the whole procedure so you don’t make any of the pricey and common 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 locate you the very best deal and it’s their role to make certain you move into your first home happy and ecstatic.
Picture having assurance that when you do locate your ideal first home, you understand you’re making the right decision.
In just a fast 10 minute call, you’ll get to speak with one of our experts before you making a decision you may later on regret and you’ll also discover immediately if you get approved 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.