We understand it’s an extremely thrilling time buying and building your very first house, however, it doesn’t constantly wind up that like that for a good deal of first time house buyers.
A lot of times we see people squandering hundreds of thousands of dollars on a brand-new house & land bundle due to the fact that they thought they were getting themselves a good deal.
However keep in mind, if it sounds too good to be true, it typically is!
See, some home builders ‘conceal’ their extra charges and do not offer you fixed upfront ‘costs’. Indicating that ‘quote’ they just offered you, will most certainly NOT be the final 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 tens of thousands of dollars less expensive than other similar houses you have actually looked at … there is most likely a great reason why.
The majority of the time it’s due to the fact that you’re missing out on extras that should 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 expenses’ so the home builder can catch up their original price gap.
We hear a lot of horror stories from very first house buyers that get a bit too fired up and regrettably didn’t do adequate research prior to parting with their hard-earned money.
Rahul was one of them. He came to us after using his entire $25,000 deposit to lock in a block of land that no home builder wished to construct a house on (plus the worst part was, he thought he ‘d got himself a cheap cost, but he ‘d really paid more than what it was valued at and actually didn’t need to hand over a 10% deposit either).
Sara, regrettably, contacted us after she ‘d already signed contracts with a big home builder and paid her deposit, only to later on be hit with an additional $35,000 in ‘unanticipated’ expenses (for extras she thought were included in the initial quote) and had no idea how she ‘d cover the costs.
Thankfully, with Rahul, one of our brand-new house professionals were able to help him discover a 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. Beginning once again with another builder and losing the deposit she had actually previously paid wasn’t an option. So she ended up having to finance the extra $35,000 from her parents and chalk it up to one of those lifes lessons.
Rahul and Sara are just a few of the many very first house buyers that discover themselves in a truly stressful circumstance due to the fact that they have actually made a decision (and parted with a lot of cash) without having all the info and assistance from professionals, that they required.
And we honestly do not wish that to occur to you!
That’s why we began the First Home Buyer Accelerator to assist novice purchasers through the entire procedure so you do not make any of the pricey and typical errors 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 find you the best deal and it’s their job to make sure you move into your very first house delighted and thrilled.
Picture having assurance that when you do find your best very first house, you understand you’re making the best decision.
In just a fast 10 minute call, you’ll get to speak with one of our professionals prior to you making a decision you may later on regret and you’ll also learn immediately if you get approved for help finding, buying and building your brand-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.