We understand it’s a really exciting time buying and building your very first home, however, it does not always end up that way for many first time home purchasers.
A lot of times we see individuals losing hundreds of thousands of dollars on a brand-new house & 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 generally is!
See, some builders ‘hide’ their additional charges and don’t offer you fixed upfront ‘costs’. Indicating that ‘quote’ they simply provided you, will most definitely NOT be the total 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 tens of thousands of dollars less expensive than other comparable homes you have actually 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 inclusions that must 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 catch up their original price shortfall.
We hear a lot of scary stories from very first home purchasers that get a bit too excited and unfortunately didn’t do enough research prior to parting with their hard-earned money.
Rahul was one of them. He approached us after spending his whole $25,000 deposit to secure a block of land that no Company wished to construct a house on (plus the worst part was, he believed he ‘d got himself an inexpensive rate, but he ‘d actually paid more than what it was valued at and truly didn’t need to turn over a 10% deposit either).
Sara, unfortunately, contacted us after she ‘d just signed contracts with a big Company and paid her deposit, only to later on be struck with an extra $35,000 in ‘unforeseen’ costs (for items she believed were inclusive in the original quote) and had no thought of how she ‘d pay for them.
Thankfully, with Rahul, one of our brand-new home experts had the ability to help 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.
But, with Sara, it was too late. Starting once again with another builder and losing the deposit she ‘d already paid wasn’t an alternative. So she ended up having to borrow the additional $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 very first home purchasers that find themselves in a truly difficult circumstance due to the fact that they have actually decided (and parted with a lot of money) without having all the details and help from experts, that they required.
And we truly don’t want that to occur to you!
That’s why we began the First Home Buyer Accelerator to direct first-time purchasers through the whole process 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 best offer and it’s their job to make certain you move into your very first home happy and excited.
Imagine having peace of mind that when you do locate your best very first home, you know you’re making the right choice.
In simply a quick 10 minute call, you’ll get to speak to one of our experts prior to you deciding you may later on regret and you’ll also find out immediately if you receive help finding, buying and building your brand-new very 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.