We know it’s a very exciting time buying and building your very first home, however, it does not always wind up that way for many first time home purchasers.
A lot of times we see individuals squandering hundreds of thousands of their hard earned money on a new house & land bundle because they believed they were getting themselves a great deal.
However remember, if it sounds too good to be true, it typically is!
See, some home builders ‘conceal’ their extra charges and do not give you fixed upfront ‘quotes’. Meaning that ‘quote’ they just gave you, will most certainly NOT be the final 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 tens of thousands of dollars less expensive than other comparable homes you have actually taken a look at … there is most likely a great reason why.
Most of the time it’s because you’re missing out on extras that must 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 great deal of scary stories from very first home purchasers that get a little bit too excited and unfortunately didn’t do sufficient due diligence 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 builder wished to build on (plus the worst part was, he believed he ‘d got himself a low-cost cost, but he ‘d actually paid more than what it was valued at and actually didn’t require to hand over a 10% deposit either).
Sara, unfortunately, approached us after she ‘d already signed agreements with a big builder and paid her deposit, only to later on be struck with an additional $35,000 in ‘unforeseen’ expenses (for extras she believed were included in the original quote) and had no thought of how she ‘d pay for them.
Luckily, with Rahul, one of our new home specialists had the ability to assist him find 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. Beginning once again with another home builder and losing the deposit she ‘d already paid wasn’t an option. So she wound up needing to borrow the extra $35,000 from her parents and chalk it up to one of those lifes lessons.
Rahul and Sara are just some of the numerous very first home purchasers that find themselves in a really stressful circumstance because they have actually made a decision (and parted with a great deal of money) without having all the info and support from specialists, that they required.
And we honestly do not wish that to occur to you!
That’s why we started the First Home Buyer Accelerator to assist first-time purchasers through the whole process so you do not make any of the expensive and common mistakes we see far frequently.
It’s their role to ask all of those questions that Rahul and Sara should have asked. It’s their role to locate you the best deal and it’s their role to make sure you move into your very first home pleased and excited.
Think of having assurance that when you do locate your ideal very first home, you know you’re making the right choice.
In just a fast 10 minute call, you’ll get to consult with one of our specialists before you deciding you may later on regret and you’ll also find out immediately if you qualify for assistance finding, buying 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.