We know it’s an extremely exciting time buying and building your very first home, nevertheless, it doesn’t always end up that way for a good deal of first home buyers.
A lot of times we see individuals losing hundreds of thousands of dollars on a brand-new home & land package since they believed they were getting themselves a good deal.
However remember, if it sounds too great to be real, it typically is!
See, some Companies ‘hide’ their additional charges and don’t provide you fixed upfront ‘costs’. Indicating that ‘quote’ they simply offered 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 offered any home and land packages that are 10s of thousands of dollars less expensive than other comparable homes you‘ve looked at … there is probably a good reason why.
The majority of the time it’s since you’re losing out on inclusions that need to really come as standard (and they’ll be making you pay for them later), or you’re going to be paying additional for ‘site costs’ so the home builder can make up their original price gap.
We hear a great deal of horror stories from very first home buyers that get a bit too fired up and regrettably didn’t do adequate research prior to parting with their hard-earned money.
Rahul was one of them. He came to us after using his entire $25,000 deposit to lock in a block of land that no home builder wished to build on (plus the worst part was, he believed he ‘d got himself a cheap rate, however he ‘d really paid more than what it was valued at and really didn’t need to turn over a 10% deposit either).
Sara, regrettably, came to us after she ‘d already signed agreements with a big home builder and paid her deposit, only to later be struck with an additional $35,000 in ‘unexpected’ costs (for extras she believed were included in the initial quote) and had no thought of how she ‘d cover the costs.
Luckily, with Rahul, among our brand-new home land experts had the ability to help him discover a 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 too late. Starting again with another Company and losing the deposit she ‘d previously paid wasn’t an alternative. So she ended up needing to finance the additional $35,000 from her mum and dad and chalk it up to one of those lifes lessons.
Rahul and Sara are simply some of the many very first home buyers that discover themselves in a truly difficult scenario since they‘ve decided (and parted with a great deal of cash) without having all the info and support from experts, that they needed.
And we really don’t want that to occur to you!
That’s why we started the First Home Buyer Accelerator to direct novice purchasers through the entire process so you don’t make any of the pricey and common errors 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 sure you move into your very first home delighted and excited.
Picture having assurance that when you do locate your ideal very first home, you know you’re making the best decision.
In simply a fast 10 minute call, you’ll get to talk to one of our experts prior to you deciding you may later regret and you’ll also find out immediately if you receive help 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.