We understand it’s a very exciting time purchasing and building your first home, nevertheless, it doesn’t always end up that way for a good deal of first time home buyers.
Too many times we see people squandering hundreds of thousands of dollars on a new home & land package since they thought they were getting themselves a good deal.
But remember, if it sounds too good to be real, it normally is!
See, some builders ‘conceal’ their additional charges and do not provide you fixed upfront ‘quotes’. Meaning that ‘quote’ they just provided you, will most definitely NOT be the final amount you have to pay.
And that’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 similar houses you have actually looked at … there is probably a great reason why.
Most of the time it’s since you’re missing out on inclusions that should actually come as standard (and they’ll be making you pay for them later), or you’re going to be paying additional for ‘site costs’ so the builder can make up their original price gap.
We hear a lot of scary stories from first home buyers that get a little bit too fired up and sadly didn’t do sufficient research prior to parting with their hard-earned cash.
Rahul was among them. He came to us after using his entire $25,000 deposit to lock in a block of land that no Company wished to construct a house on (plus the worst part was, he thought he ‘d got himself a low-cost price, however he ‘d really paid more than what it was worth and really didn’t require to hand over a 10% deposit either).
Sara, sadly, approached us after she ‘d already signed agreements with a well known Company and paid her deposit, only to later be hit with an extra $35,000 in ‘unexpected’ costs (for items she thought were included in the initial quote) and had no idea how she ‘d cover the costs.
Thankfully, with Rahul, one of our new home build specialists were able 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.
However, with Sara, it was far too late. Starting once again with another Company and losing the deposit she ‘d already paid wasn’t an alternative. So she wound up having to finance the additional $35,000 from her parents and chalk it up to one of lifes lessons.
Rahul and Sara are just a few of the numerous first home buyers that find themselves in a truly difficult scenario since they have actually decided (and parted with a lot of cash) without having all the details and help from specialists, that they needed.
And we truly do not want that to happen to you!
That’s why we began the First Home Buyer Accelerator to assist novice purchasers through the entire process so you do not make any of the expensive and common errors we see far too often.
It’s their role to ask all of those concerns that Rahul and Sara ought to have asked. It’s their role to locate you the best offer and it’s their role to make sure you move into your first home delighted and ecstatic.
Picture having comfort that when you do locate your ideal first home, you know you’re making the ideal decision.
In just a quick 10 minute call, you’ll get to consult with one of our specialists prior to you deciding you may later regret and you’ll also learn instantly if you qualify for help finding, purchasing 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.