We understand it’s a really thrilling time buying and building your first home, however, it does not constantly wind up that like that for many first home purchasers.
Too many times we see people wasting hundreds of thousands of dollars on a brand-new home & land bundle due to the fact that they believed they were getting themselves a great deal.
However remember, if it sounds too great to be true, it normally is!
See, some Companies ‘hide’ their extra costs and do not give you fixed upfront ‘costs’. Suggesting that ‘quote’ they just provided you, will most definitely NOT be the final amount you need to pay.
And that’s when you should be asking yourself, why?
If you’re being offered any home and land packages that are 10s of thousands of dollars cheaper than other similar homes you have actually taken a look at … there is probably a good reason why.
Most of the time it’s due to the fact that you’re losing out on inclusions that must actually come as standard (and they’ll be making you pay for them later), or you’re going to be paying extra for ‘site costs’ so the contractor can make up their original price gap.
We hear a great deal of horror stories from first home purchasers that get a bit too excited and unfortunately didn’t do enough due diligence before parting with their hard-earned money.
Rahul was one of them. He approached us after spending his entire $25,000 deposit to lock in a block of land that no Company wanted to build on (plus the worst part was, he believed he ‘d got himself a cheap cost, but he ‘d really paid more than what it was valued at and truly didn’t need to turn over a 10% deposit either).
Sara, unfortunately, approached us after she ‘d just signed contracts with a well known Company and paid her deposit, just to later be hit with an extra $35,000 in ‘unforeseen’ costs (for extras she believed were included in the original quote) and had no idea how she ‘d cover the costs.
Thankfully, with Rahul, one of our brand-new home land experts had the ability to assist him find a home builder that specialised in building on smaller sized narrow blocks of land and wasn’t going to charge him a fortune to do so.
But, with Sara, it was too late. Beginning once again with another builder and losing the deposit she had actually already paid wasn’t a choice. So she ended up having to borrow 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 first home purchasers that find themselves in a really confronting circumstance due to the fact that they have actually decided (and parted with a great deal of cash) without having all the details and support from experts, that they needed.
And we truly do not wish that to occur to you!
That’s why we started the First Home Buyer Accelerator to guide 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 role to ask all of those questions that Rahul and Sara ought to have asked. It’s their role to find you the best deal and it’s their role to ensure you move into your first home pleased and excited.
Imagine having peace of mind that when you do find your best first home, you understand you’re making the right decision.
In just a quick 10 minute call, you’ll get to talk with one of our experts before you making a decision you may later regret and you’ll also find out immediately if you get approved for help finding, buying and building your brand-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.