We know it’s an extremely exciting time purchasing and building your first home, however, it doesn’t always end up that way for a good deal of first time home buyers.
A lot of times we see people losing hundreds of thousands of dollars on a brand-new house & land bundle due to the fact that they thought they were getting themselves a great deal.
But keep in mind, if it sounds too great to be real, it usually is!
See, some builders ‘hide’ their extra costs and don’t provide you fixed upfront ‘quotes’. Suggesting that ‘quote’ they simply offered you, will most definitely NOT be the final cost you have 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 less expensive than other comparable houses 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 missing out on extras that ought to 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 make up their original price gap.
We hear a lot of horror stories from first home buyers that get a little bit too excited and regrettably didn’t do adequate due diligence before parting with their hard-earned cash.
Rahul was among them. He approached us after spending his entire $25,000 deposit to secure a block of land that no home builder wished to build on (plus the worst part was, he thought he ‘d got himself a low-cost price, however he ‘d in fact paid more than what it was worth and really didn’t require to hand over a 10% deposit either).
Sara, regrettably, contacted us after she ‘d already signed agreements with a well known home builder and paid her deposit, just to later on be struck with an additional $35,000 in ‘unforeseen’ expenses (for extras she thought were included in the initial quote) and had no idea how she ‘d pay for them.
Luckily, with Rahul, among our brand-new home land specialists were able 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 too late. Starting once again with another builder and losing the deposit she had actually already paid wasn’t an option. So she wound up needing to finance the extra $35,000 from her mum and dad and chalk it up to one of lifes lessons.
Rahul and Sara are simply a few of the many first home buyers that find themselves in a really stressful situation due to the fact that they have actually made a decision (and parted with a lot of cash) without having all the details and support from specialists, that they needed.
And we truly don’t want that to happen to you!
That’s why we started the First Home Buyer Accelerator to direct novice purchasers through the entire procedure so you don’t make any of the pricey and typical mistakes we see far too often.
It’s their role to ask all of those questions that Rahul and Sara ought to have asked. It’s their role to locate you the very best deal and it’s their role to make sure you move into your first home pleased and proud.
Picture having comfort that when you do locate your best first home, you understand you’re making the ideal decision.
In simply a quick 10 minute call, you’ll get to speak with one of our specialists before you deciding you may later on regret and you’ll also find out right away if you qualify for help finding, purchasing 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.