We know it’s a very thrilling time purchasing and building your first house, nevertheless, it doesn’t constantly end up that way for a good deal of first house purchasers.
Too many times we see people squandering hundreds of thousands of dollars on a brand-new house & land bundle because they believed they were getting themselves a good deal.
However remember, if it sounds too good to be real, it typically is!
See, some home builders ‘hide’ their extra charges and do not give you fixed upfront ‘costs’. Suggesting that ‘quote’ they simply gave you, will most absolutely NOT be the total cost you have to pay.
Which’s when you should be asking yourself, why?
If you’re being sold any house and land packages that are 10s of thousands of dollars less expensive than other similar homes you‘ve looked at … there is probably a great reason why.
Most of the time it’s because you’re missing out on extras that should 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 great deal of horror stories from first house purchasers that get a bit too excited and regrettably didn’t do adequate due diligence prior to 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 wished to construct a house on (plus the worst part was, he believed he ‘d got himself a low-cost rate, but he ‘d in fact paid more than what it was valued at and actually didn’t need to hand over a 10% deposit either).
Sara, regrettably, contacted us after she ‘d already signed agreements with a big builder and paid her deposit, just to later on be struck with an extra $35,000 in ‘unforeseen’ expenses (for extras she believed were inclusive in the original quote) and had no idea how she ‘d cover the costs.
Thankfully, with Rahul, among our brand-new house land experts were able to assist him find a home 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 again with another home builder and losing the deposit she had actually already paid wasn’t a choice. So she wound up having to finance the extra $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 many first house purchasers that find themselves in a truly difficult scenario because they‘ve decided (and parted with a great deal of savings) without having all the information and assistance from experts, that they needed.
And we really do not wish that to happen to you!
That’s why we started the First Home Buyer Accelerator to assist first-time purchasers through the whole process so you do not make any of the costly and typical errors we see far too often.
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 best deal and it’s their job to make certain you move into your first house happy and excited.
Picture having comfort that when you do locate your ideal first house, you understand you’re making the right decision.
In simply a quick 10 minute call, you’ll get to talk to one of our experts prior to you making a decision you may later on regret and you’ll also discover right away if you get approved for help finding, purchasing and building your brand-new 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.