We know it’s a very exciting time buying and building your very first house, however, it does not constantly wind up that way for lots of first time house buyers.
A lot of times we see people squandering hundreds of thousands of their hard earned money on a brand-new house & land bundle due to the fact that they believed they were getting themselves a good deal.
But keep in mind, if it sounds too good to be real, it usually is!
See, some home builders ‘conceal’ their additional charges and do not offer you fixed upfront ‘costs’. Indicating that ‘quote’ they just provided you, will most definitely NOT be the total amount you need to pay.
Which’s when you should be asking yourself, why?
If you’re being sold any house and land packages that are 10s of thousands of dollars cheaper than other similar homes you have actually looked at … there is probably a good 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 additional for ‘site costs’ so the builder can catch up their original price shortfall.
We hear a great deal of scary stories from very first house buyers that get a bit too excited and unfortunately didn’t do sufficient due diligence prior to parting with their hard-earned money.
Rahul was among them. He approached us after using his whole $25,000 deposit to lock in a block of land that no builder wanted to build 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 valued at and actually didn’t need to turn over a 10% deposit either).
Sara, unfortunately, contacted us after she ‘d already signed contracts with a well known builder and paid her deposit, only to later on be hit with an extra $35,000 in ‘unexpected’ costs (for extras she believed were inclusive in the original quote) and had no thought of how she ‘d cover the costs.
Luckily, with Rahul, among our brand-new house build professionals were able to assist him find 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 once again with another builder and losing the deposit she ‘d previously paid wasn’t an option. So she wound 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 just a few of the many very first house buyers that find themselves in a truly difficult circumstance due to the fact that they have actually decided (and parted with a great deal of savings) without having all the info and help from professionals, that they required.
And we really do not wish that to occur to you!
That’s why we began the First Home Buyer Accelerator to direct novice new home buyers through the whole procedure so you do not make any of the costly and typical errors we see far frequently.
It’s their role to ask all of those questions that Rahul and Sara should have asked. It’s their role to locate you the very best offer and it’s their role to make certain you move into your very first house pleased and proud.
Picture having comfort that when you do locate your perfect very first house, you understand you’re making the ideal choice.
In just a quick 10 minute call, you’ll get to consult with one of our professionals prior to you deciding you might later on regret and you’ll also discover immediately if you receive help finding, buying 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.