We understand it’s a really thrilling time buying and building your first home, nevertheless, it doesn’t always end up that like that for lots of first home purchasers.
A lot of times we see individuals squandering hundreds of thousands of dollars on a brand-new home & land bundle due to the fact that they thought they were getting themselves a good deal.
However keep in mind, if it sounds too great to be true, it typically is!
See, some home builders ‘conceal’ their extra costs and don’t give you fixed upfront ‘quotes’. Suggesting that ‘quote’ they simply offered you, will most certainly 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 tens of thousands of dollars cheaper than other comparable houses you‘ve looked at … there is most likely a great reason why.
The majority of the time it’s due to the fact that you’re losing 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 costs’ so the builder can make up their original price gap.
We hear a lot of scary stories from first home purchasers that get a little bit too fired up and sadly didn’t do adequate due diligence before parting with their hard-earned cash.
Rahul was among them. He came to us after using his whole $25,000 deposit to secure a block of land that no builder wanted to develop on (plus the worst part was, he thought he ‘d got himself a cheap rate, but he ‘d really paid more than what it was valued at and actually didn’t need to hand over a 10% deposit either).
Sara, sadly, approached us after she ‘d just signed contracts with a big builder and paid her deposit, only to later on be struck with an additional $35,000 in ‘unexpected’ costs (for items she thought were included in the original quote) and had no thought of how she ‘d cover the costs.
Thankfully, with Rahul, one of our brand-new home build professionals had the ability to help him discover a builder that specialised in working 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. Beginning again with another builder and losing the deposit she ‘d previously paid wasn’t an alternative. So she wound 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 simply some of the many first home purchasers that discover themselves in a truly confronting scenario due to the fact that they‘ve made a decision (and parted with a lot of money) without having all the details and help from professionals, that they needed.
And we really don’t want that to occur to you!
That’s why we began the First Home Buyer Accelerator to guide novice purchasers through the whole procedure so you don’t make any of the pricey and typical mistakes 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 locate you the best offer and it’s their job to ensure you move into your first home pleased and ecstatic.
Think of having comfort that when you do locate your best first home, you understand you’re making the right decision.
In simply a quick 10 minute call, you’ll get to talk with one of our professionals before you deciding you might later on regret and you’ll also find out right away if you get approved for help finding, buying and building your brand-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.