We understand it’s a really amazing time buying and building your first home, nevertheless, it does not always wind up that like that for many first time home purchasers.
A lot of times we see individuals losing hundreds of thousands of dollars on a new house & land package because they believed they were getting themselves a great deal.
But remember, if it sounds too good to be real, it normally is!
See, some home builders ‘conceal’ their extra charges and do not give you fixed upfront ‘costs’. Suggesting that ‘quote’ they just offered you, will most absolutely NOT be the total cost 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 less expensive than other comparable homes you‘ve looked at … there is most likely an excellent reason why.
The majority of the time it’s because 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 costs’ so the builder can catch up their original price shortfall.
We hear a lot of scary stories from first home purchasers that get a little bit too fired up and unfortunately didn’t do adequate due diligence before parting with their hard-earned money.
Rahul was among them. He approached us after spending his whole $25,000 deposit to lock in a block of land that no Company wished to build on (plus the worst part was, he believed he ‘d got himself a cheap price, but he ‘d really paid more than what it was worth and actually didn’t need to turn over a 10% deposit either).
Sara, unfortunately, contacted us after she ‘d just signed contracts with a well known Company and paid her deposit, just to later on be struck with an extra $35,000 in ‘unforeseen’ costs (for extras she believed were inclusive in the initial quote) and had no idea how she ‘d cover the costs.
Luckily, with Rahul, among our new home land professionals had the ability to help 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.
However, with Sara, it was far too late. Starting again with another home builder and losing the deposit she had actually previously paid wasn’t an alternative. So she wound up needing 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 some of the many first home purchasers that find themselves in a really confronting circumstance because they‘ve decided (and parted with a lot of cash) without having all the information and help from professionals, that they needed.
And we honestly do not want that to happen to you!
That’s why we began the First Home Buyer Accelerator to guide novice new home buyers through the whole 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 very best offer and it’s their role to make sure you move into your first home pleased and proud.
Picture having comfort that when you do locate your ideal first home, you know you’re making the best choice.
In just a fast 10 minute call, you’ll get to consult with one of our professionals before you deciding you may later on regret and you’ll also discover instantly if you receive help finding, buying 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.