We understand it’s an extremely thrilling time purchasing and building your very first house, nevertheless, it does not always end up that way for many first time house buyers.
A lot of times we see people squandering hundreds of thousands of dollars on a brand-new home & land bundle since they believed they were getting themselves a great deal.
However remember, if it sounds too good to be true, it normally is!
See, some home builders ‘hide’ their extra fees and do not provide you fixed upfront ‘quotes’. Indicating that ‘quote’ they just provided you, will most absolutely NOT be the total amount you need to pay.
Which’s when you should be asking yourself, why?
If you’re being offered any house and land packages that are tens of thousands of dollars less expensive than other similar houses you‘ve looked at … there is probably a good reason why.
The majority of the time it’s since you’re losing out on extras that should 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 home builder can catch up their original price gap.
We hear a great deal of scary stories from very first house buyers that get a little bit too fired up and sadly didn’t do enough due diligence prior to parting with their hard-earned money.
Rahul was one of them. He came to us after spending his entire $25,000 deposit to lock in a block of land that no builder wished to develop on (plus the worst part was, he believed he ‘d got himself a low-cost rate, but he ‘d actually paid more than what it was worth and actually didn’t require to turn over a 10% deposit either).
Sara, sadly, approached us after she ‘d already signed agreements with a well known builder and paid her deposit, just to later be hit with an additional $35,000 in ‘unexpected’ costs (for extras she believed were inclusive in the initial quote) and had no idea how she ‘d pay for them.
Luckily, with Rahul, among our brand-new house professionals had the ability to assist him find a builder that specialised in building on smaller 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 home builder and losing the deposit she had actually previously paid wasn’t an option. So she ended up needing to finance the extra $35,000 from her parents and chalk it up to one of those lifes lessons.
Rahul and Sara are just a few of the many very first house buyers that find themselves in a really difficult scenario since they‘ve decided (and parted with a great deal of money) without having all the details and assistance from professionals, that they required.
And we honestly do not wish that to happen to you!
That’s why we began the First Home Buyer Accelerator to direct novice new home buyers through the entire process so you do not make any of the expensive and common 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 offer and it’s their role to ensure you move into your very first house pleased and ecstatic.
Imagine having peace of mind that when you do locate your best very first house, you know you’re making the best choice.
In just a fast 10 minute call, you’ll get to talk to one of our professionals prior to you making a decision you may later regret and you’ll also find out right away if you get approved for assistance finding, purchasing and building your brand-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.