We know it’s a really amazing time purchasing and building your very first home, however, it doesn’t always wind up that way for many first home purchasers.
A lot of times we see individuals wasting hundreds of thousands of dollars on a brand-new house & land bundle since they thought they were getting themselves a great deal.
However remember, if it sounds too good to be real, it normally is!
See, some builders ‘conceal’ their additional costs and do not give you fixed upfront ‘costs’. Meaning that ‘quote’ they simply gave you, will most certainly NOT be the total cost 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 taken a look at … there is most likely an excellent reason why.
Most of the time it’s since 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 builder can make up their original price shortfall.
We hear a great deal of scary stories from very first home purchasers that get a little bit too excited and regrettably didn’t do adequate research prior to parting with their hard-earned money.
Rahul was one of them. He approached us after using his entire $25,000 deposit to secure a block of land that no builder wished to develop on (plus the worst part was, he thought he ‘d got himself a low-cost cost, however he ‘d actually paid more than what it was valued at and really didn’t require to turn over a 10% deposit either).
Sara, regrettably, contacted us after she ‘d already signed agreements with a well known builder and paid her deposit, just to later on be hit with an additional $35,000 in ‘unanticipated’ expenses (for extras she thought were inclusive in the initial quote) and had no thought of how she ‘d pay for them.
Fortunately, with Rahul, one of our brand-new home land professionals had the ability to assist him find a 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 too late. Starting once again with another home builder and losing the deposit she had actually previously paid wasn’t an alternative. So she ended up having 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 many very first home purchasers that find themselves in a really difficult circumstance since they‘ve decided (and parted with a great deal of cash) without having all the information and assistance from professionals, that they required.
And we honestly do not want that to occur to you!
That’s why we began the First Home Buyer Accelerator to guide first-time purchasers through the entire procedure so you do not make any of the costly and common errors we see far frequently.
It’s their job to ask all of those questions that Rahul and Sara ought to have asked. It’s their job to locate you the best deal and it’s their job to ensure you move into your very first home happy and proud.
Think of having assurance that when you do locate your ideal very first home, you know you’re making the ideal decision.
In simply a quick 10 minute call, you’ll get to talk to one of our professionals prior to you making a decision you may later on regret and you’ll also find out immediately if you qualify for help finding, purchasing 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.