We know it’s an extremely exciting time buying and building your first home, nevertheless, it does not always end up that like that for lots of first time home buyers.
A lot of times we see people wasting hundreds of thousands of their hard earned money on a brand-new home & land package due to the fact that they thought they were getting themselves a good deal.
But keep in mind, if it sounds too good to be real, it generally is!
See, some builders ‘conceal’ their additional costs and don’t provide you fixed upfront ‘costs’. Suggesting that ‘quote’ they simply offered you, will most certainly NOT be the total amount you have to pay.
Which’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 less expensive than other comparable homes you have actually taken a look at … there is most likely a good reason why.
The majority of the time it’s due to the fact that you’re losing out on inclusions that must 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 expenses’ so the contractor can catch up their original price shortfall.
We hear a great deal of horror stories from first home buyers that get a little bit too fired up and regrettably didn’t do adequate due diligence before parting with their hard-earned money.
Rahul was among them. He came to us after using his entire $25,000 deposit to secure a block of land that no home builder wanted to build on (plus the worst part was, he thought he ‘d got himself an inexpensive rate, but he ‘d actually paid more than what it was worth and really didn’t require to hand over a 10% deposit either).
Sara, regrettably, came to us after she ‘d already signed contracts with a big home builder and paid her deposit, only to later on be struck with an extra $35,000 in ‘unexpected’ expenses (for extras she thought were included in the initial quote) and had no thought of how she ‘d pay for them.
Thankfully, with Rahul, one of our brand-new home build specialists were able to help him discover 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. Beginning again with another builder and losing the deposit she had actually already paid wasn’t a choice. So she ended up needing 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 some of the many first home buyers that discover themselves in a really confronting scenario due to the fact that they have actually made a decision (and parted with a great deal of savings) without having all the details and support from specialists, that they required.
And we really don’t wish that to happen to you!
That’s why we began the First Home Buyer Accelerator to direct novice purchasers through the entire procedure so you don’t make any of the costly and common errors we see far too often.
It’s their role to ask all of those questions that Rahul and Sara should have asked. It’s their role to find you the very best offer and it’s their role to make sure you move into your first home happy and thrilled.
Imagine having assurance that when you do find your best first home, you understand you’re making the ideal choice.
In simply a fast 10 minute call, you’ll get to speak to one of our specialists before you deciding you might later on regret and you’ll also find out immediately 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.