We know it’s a very amazing time buying and building your very first home, however, it does not always wind up that like that for many first home buyers.
A lot of times we see people wasting hundreds of thousands of dollars on a brand-new home & land package because they believed they were getting themselves a good deal.
But keep in mind, if it sounds too great to be real, it normally is!
See, some Companies ‘conceal’ their additional charges and do not provide you fixed upfront ‘costs’. Indicating that ‘quote’ they simply gave you, will most certainly NOT be the total amount you have to pay.
Which’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 less expensive than other similar houses you have actually looked at … there is probably an excellent reason why.
Most of the time it’s because you’re missing out on extras that need to 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 shortfall.
We hear a lot of horror stories from very first home buyers that get a little bit too fired up and sadly didn’t do enough research before parting with their hard-earned cash.
Rahul was one of them. He approached us after using his whole $25,000 deposit to secure a block of land that no Company wanted to build on (plus the worst part was, he believed he ‘d got himself a cheap rate, however he ‘d really paid more than what it was valued at and actually didn’t need to hand over a 10% deposit either).
Sara, sadly, contacted us after she ‘d just signed agreements with a big Company and paid her deposit, just to later on be struck with an additional $35,000 in ‘unanticipated’ expenses (for extras she believed were inclusive in the initial quote) and had no idea how she ‘d pay for them.
Fortunately, with Rahul, one of our brand-new home experts had the ability to assist him find a home builder that specialised in working on smaller sized 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 once again with another Company and losing the deposit she had actually already paid wasn’t an alternative. So she ended up needing to finance the additional $35,000 from her parents and chalk it up to one of lifes lessons.
Rahul and Sara are simply a few of the numerous very first home buyers that find themselves in a really stressful scenario because they have actually decided (and parted with a lot of savings) without having all the details and support from experts, that they needed.
And we honestly do not want that to occur to you!
That’s why we started the First Home Buyer Accelerator to direct novice purchasers through the whole procedure so you do not make any of the expensive and typical errors we see far too often.
It’s their role to ask all of those concerns that Rahul and Sara should have asked. It’s their role to find you the very best offer and it’s their role to make sure you move into your very first home pleased and excited.
Picture having assurance that when you do find 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 experts before you making a decision you may later on regret and you’ll also discover right away if you get approved for help finding, buying and building your brand-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.