We know it’s a very exciting time purchasing and building your first home, however, it doesn’t constantly end up that like that for a good deal of first home buyers.
A lot of times we see individuals losing hundreds of thousands of their hard earned money on a new home & land package because they believed they were getting themselves a good deal.
However remember, if it sounds too great to be real, it generally is!
See, some builders ‘hide’ their additional fees and do not provide you fixed upfront ‘costs’. Suggesting that ‘quote’ they just provided you, will most definitely NOT be the total cost you have to pay.
Which’s when you should be asking yourself, why?
If you’re being sold any home and land packages that are tens of thousands of dollars cheaper than other comparable houses you‘ve taken a look at … there is probably an excellent reason why.
The majority of the time it’s because you’re losing out on inclusions that must actually 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 builder can catch up their original price shortfall.
We hear a lot of scary stories from first home buyers that get a little bit too fired up and regrettably didn’t do enough research before parting with their hard-earned cash.
Rahul was one of them. He came to us after using his entire $25,000 deposit to secure a block of land that no builder wanted to construct a house on (plus the worst part was, he believed he ‘d got himself an inexpensive rate, but he ‘d actually paid more than what it was worth and actually didn’t require to turn over a 10% deposit either).
Sara, regrettably, came to us after she ‘d just signed contracts with a well known builder and paid her deposit, just to later on be struck with an extra $35,000 in ‘unanticipated’ expenses (for items she believed were inclusive in the original quote) and had no thought of how she ‘d pay for them.
Thankfully, with Rahul, one of our new home land experts had the ability to assist 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 again with another builder and losing the deposit she ‘d already paid wasn’t a choice. So she ended up having to borrow 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 buyers that discover themselves in a truly stressful situation because they‘ve decided (and parted with a lot of money) without having all the details and support from experts, that they needed.
And we really do not want that to happen to you!
That’s why we began the First Home Buyer Accelerator to direct novice new home buyers through the entire process so you do not make any of the expensive and common mistakes we see far frequently.
It’s their job to ask all of those questions that Rahul and Sara should have asked. It’s their job to locate you the best deal and it’s their job to make sure you move into your first home delighted and proud.
Imagine having assurance that when you do locate your ideal first home, you know you’re making the right decision.
In just a fast 10 minute call, you’ll get to consult with one of our experts before you making a decision you may later on regret and you’ll also learn immediately if you get approved for help finding, purchasing 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.