We understand it’s a very exciting time buying and building your very first home, nevertheless, it doesn’t always end up that way for a good deal of first time home buyers.
A lot of times we see people squandering hundreds of thousands of dollars on a brand-new house & land package since they believed they were getting themselves a good deal.
However remember, if it sounds too great to be true, it generally is!
See, some Companies ‘hide’ their extra fees and don’t give you fixed upfront ‘quotes’. Suggesting 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 sold any home and land packages that are 10s of thousands of dollars cheaper than other similar houses you‘ve taken a look at … there is most likely a good reason why.
The majority of the time it’s since 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 extra for ‘site expenses’ so the builder can catch up their original price shortfall.
We hear a great deal of scary stories from very first home buyers that get a little bit too excited and sadly didn’t do adequate research before parting with their hard-earned cash.
Rahul was among them. He came to us after spending his entire $25,000 deposit to secure 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, however he ‘d in fact paid more than what it was worth and actually didn’t require to hand over a 10% deposit either).
Sara, sadly, came to us after she ‘d already signed agreements with a well known builder and paid her deposit, just to later on be struck with an extra $35,000 in ‘unforeseen’ expenses (for extras she believed were inclusive in the original quote) and had no thought of how she ‘d pay for them.
Fortunately, with Rahul, among our brand-new home land professionals had the ability to help him discover a home 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 far too late. Starting again with another Company and losing the deposit she had actually previously paid wasn’t an option. So she ended up having to borrow the extra $35,000 from her mum and dad and chalk it up to one of those lifes lessons.
Rahul and Sara are just a few of the numerous very first home buyers that discover themselves in a really difficult circumstance since they‘ve decided (and parted with a great deal of money) without having all the details and support from professionals, that they needed.
And we honestly don’t wish that to occur to you!
That’s why we began the First Home Buyer Accelerator to guide first-time purchasers through the entire process so you don’t make any of the expensive and common mistakes we see far frequently.
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 very best offer and it’s their role to make certain you move into your very first home pleased and excited.
Think of having comfort that when you do locate your ideal very first home, you know you’re making the best decision.
In just a fast 10 minute call, you’ll get to consult with one of our professionals before you deciding you might later on regret and you’ll also discover instantly if you get approved for assistance 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.