We know it’s a really amazing time purchasing and building your very first home, nevertheless, it does not always wind up that like that for lots of first time home purchasers.
Too many times we see individuals squandering hundreds of thousands of dollars on a new home & land bundle since they believed they were getting themselves a great deal.
But remember, if it sounds too good to be real, it usually is!
See, some builders ‘hide’ their additional fees and don’t offer you fixed upfront ‘costs’. Meaning that ‘quote’ they simply offered you, will most certainly NOT be the total amount you need to pay.
And that’s when you should be asking yourself, why?
If you’re being sold any home and land packages that are 10s of thousands of dollars cheaper than other similar homes you‘ve looked at … there is most likely a great reason why.
The majority of the time it’s since 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 additional for ‘site expenses’ so the contractor can catch up their original price shortfall.
We hear a great deal of horror stories from very first home purchasers that get a bit too fired up and regrettably didn’t do enough research prior to parting with their hard-earned money.
Rahul was among them. He came to us after spending his entire $25,000 deposit to lock in a block of land that no Company wished to construct a house on (plus the worst part was, he believed he ‘d got himself a low-cost cost, however he ‘d really paid more than what it was valued at and truly didn’t need to turn over a 10% deposit either).
Sara, regrettably, contacted us after she ‘d already signed agreements with a big Company and paid her deposit, just to later be struck with an extra $35,000 in ‘unforeseen’ expenses (for extras she believed were inclusive in the original quote) and had no idea how she ‘d cover the costs.
Luckily, with Rahul, one of our new home land specialists 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.
But, with Sara, it was far too late. Starting once again with another Company and losing the deposit she had actually previously paid wasn’t an alternative. So she ended up needing to borrow the additional $35,000 from her parents and chalk it up to one of those lifes lessons.
Rahul and Sara are simply some of the many very first home purchasers that find themselves in a really difficult situation since they‘ve made a decision (and parted with a great deal of cash) without having all the info and support from specialists, that they needed.
And we truly don’t wish that to occur to you!
That’s why we began the First Home Buyer Accelerator to guide first-time new home buyers through the entire process so you don’t make any of the expensive and typical mistakes we see far frequently.
It’s their job to ask all of those concerns that Rahul and Sara should have asked. It’s their job to locate you the very best offer and it’s their job to ensure you move into your very first home happy and proud.
Imagine having assurance that when you do locate your perfect very first home, you understand you’re making the best decision.
In simply a quick 10 minute call, you’ll get to speak with one of our specialists prior to you deciding you might later regret and you’ll also find out right away if you get approved for assistance finding, purchasing and building your new very 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.