We understand it’s a very thrilling time buying and building your first home, however, it doesn’t always end up that way for a good deal of first time home buyers.
Too many times we see people losing hundreds of thousands of dollars on a new home & land bundle due to the fact that they believed they were getting themselves a great deal.
However remember, if it sounds too good to be true, it usually is!
See, some home builders ‘hide’ their additional fees and don’t give you fixed upfront ‘quotes’. Suggesting that ‘quote’ they simply offered you, will most absolutely 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 tens of thousands of dollars cheaper than other similar houses you‘ve looked at … there is probably a great reason why.
The majority of the time it’s due to the fact that you’re losing out on extras that must actually come as standard (and they’ll be making you pay for them later), or you’re going to be paying additional for ‘site expenses’ so the home builder can catch up their original price shortfall.
We hear a great deal of scary stories from first home buyers that get a bit too excited and unfortunately didn’t do enough research before parting with their hard-earned cash.
Rahul was one of them. He came to us after using his entire $25,000 deposit to secure a block of land that no builder wanted to construct a house on (plus the worst part was, he believed he ‘d got himself an inexpensive price, however he ‘d in fact paid more than what it was worth and truly didn’t need to hand over a 10% deposit either).
Sara, unfortunately, approached us after she ‘d already signed agreements with a big builder and paid her deposit, just to later be hit with an additional $35,000 in ‘unanticipated’ expenses (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 new home land specialists had the ability to help him discover a 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 far too late. Beginning again with another builder and losing the deposit she ‘d already paid wasn’t an alternative. So she wound up needing to finance the additional $35,000 from her parents and chalk it up to one of lifes lessons.
Rahul and Sara are simply some of the many first home buyers that discover themselves in a truly confronting circumstance due to the fact that they‘ve made a decision (and parted with a great deal of savings) without having all the information and support from specialists, that they needed.
And we really don’t wish that to occur to you!
That’s why we began the First Home Buyer Accelerator to assist first-time purchasers through the entire process so you don’t make any of the pricey and common errors we see far frequently.
It’s their job to ask all of those concerns that Rahul and Sara ought to have asked. It’s their job to find you the very best deal and it’s their job to ensure you move into your first home happy and ecstatic.
Picture having comfort that when you do find your ideal first home, you understand you’re making the best choice.
In simply a fast 10 minute call, you’ll get to speak to one of our specialists before you deciding you might later regret and you’ll also learn right away if you receive assistance finding, buying and building your 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.