We understand it’s a very exciting time buying and building your first home, nevertheless, it does not constantly wind up that way for a good deal of first time home buyers.
Too many times we see people squandering hundreds of thousands of their hard earned money on a brand-new home & land bundle due to the fact that they thought they were getting themselves a good deal.
However keep in mind, if it sounds too good to be real, it usually is!
See, some builders ‘conceal’ their additional fees and don’t offer you fixed upfront ‘costs’. Suggesting that ‘quote’ they simply offered you, will most definitely NOT be the final amount you need to pay.
Which’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 comparable houses you‘ve looked at … there is most likely an excellent reason why.
The majority of the time it’s due to the fact that you’re losing out on extras that should actually come as standard (and they’ll be making you pay for them later on), or you’re going to be paying additional for ‘site costs’ so the home builder can make up their original price shortfall.
We hear a lot of horror stories from first home buyers that get a little bit too fired up and unfortunately didn’t do enough due diligence before parting with their hard-earned money.
Rahul was one of them. He came to us after using his whole $25,000 deposit to lock in a block of land that no builder wanted to construct a house on (plus the worst part was, he thought he ‘d got himself a low-cost price, 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 builder and paid her deposit, just to later on be struck with an additional $35,000 in ‘unexpected’ costs (for items she thought were inclusive in the original quote) and had no idea how she ‘d cover the costs.
Thankfully, with Rahul, among our brand-new home experts had the ability to help him find a 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. Beginning again with another Company and losing the deposit she ‘d previously paid wasn’t a choice. So she wound up having to borrow the additional $35,000 from her mum and dad and chalk it up to one of those lifes lessons.
Rahul and Sara are simply some of the numerous first home buyers that find themselves in a really stressful scenario due to the fact that they‘ve decided (and parted with a lot of cash) without having all the details and assistance from experts, that they required.
And we honestly don’t wish that to occur to you!
That’s why we started the First Home Buyer Accelerator to assist first-time new home buyers through the whole procedure so you don’t make any of the expensive and typical errors we see far frequently.
It’s their job to ask all of those concerns that Rahul and Sara should have asked. It’s their job to locate you the very best deal and it’s their job to ensure you move into your first home pleased and excited.
Think of having assurance that when you do locate your best first home, you understand you’re making the right choice.
In simply a fast 10 minute call, you’ll get to talk to one of our experts before you making a decision you may later on regret and you’ll also learn instantly if you qualify for assistance 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.