We understand it’s a very thrilling time purchasing and building your very first house, nevertheless, it does not always wind up that like that for many first time house buyers.
Too many times we see people wasting hundreds of thousands of their hard earned money on a new home & land package because they thought they were getting themselves a good deal.
But remember, if it sounds too good to be real, it usually is!
See, some home builders ‘hide’ their extra fees and don’t give you fixed upfront ‘costs’. Meaning that ‘quote’ they simply offered you, will most certainly NOT be the total amount you need to pay.
And that’s when you should be asking yourself, why?
If you’re being offered any house and land packages that are 10s of thousands of dollars cheaper than other similar houses you‘ve looked at … there is most likely a great reason why.
Most of the time it’s because you’re losing out on inclusions that must really 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 builder can make up their original price shortfall.
We hear a lot of scary stories from very first house buyers that get a little bit too fired up and unfortunately didn’t do sufficient due diligence before parting with their hard-earned money.
Rahul was among them. He came to us after using his entire $25,000 deposit to lock in a block of land that no home builder wanted to develop on (plus the worst part was, he thought he ‘d got himself an inexpensive price, but he ‘d really paid more than what it was worth and truly didn’t need to turn over a 10% deposit either).
Sara, unfortunately, approached us after she ‘d just signed agreements with a well known home builder and paid her deposit, just to later be struck with an additional $35,000 in ‘unanticipated’ costs (for extras she thought were included in the initial quote) and had no idea how she ‘d cover the costs.
Fortunately, with Rahul, one of our new house experts had the ability to help him find a builder that specialised in working on smaller narrow blocks of land and wasn’t going to charge him a fortune to do so.
But, with Sara, it was far too late. Starting again with another builder and losing the deposit she had actually already paid wasn’t an option. So she wound up having to finance the extra $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 house buyers that find themselves in a really confronting situation because they‘ve made a decision (and parted with a lot of money) without having all the information and help from experts, that they required.
And we truly don’t wish that to occur to you!
That’s why we started the First Home Buyer Accelerator to assist first-time purchasers through the entire procedure so you don’t make any of the pricey and common 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 locate you the best deal and it’s their role to make certain you move into your very first house delighted and ecstatic.
Think of having comfort that when you do locate your ideal very first house, you understand you’re making the right choice.
In simply a quick 10 minute call, you’ll get to speak with one of our experts before you making a decision you might later regret and you’ll also learn instantly if you receive assistance finding, purchasing and building your new very first house.
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.