We know it’s an extremely amazing time buying and building your first house, nevertheless, it doesn’t constantly end up that way for lots of first time house purchasers.
A lot of times we see people squandering hundreds of thousands of dollars on a brand-new house & land bundle because they believed they were getting themselves a good deal.
But keep in mind, if it sounds too good to be real, it typically is!
See, some home builders ‘hide’ their extra costs and don’t give you fixed upfront ‘quotes’. Indicating that ‘quote’ they simply offered you, will most definitely 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 house and land packages that are 10s of thousands of dollars less expensive than other similar houses you‘ve looked at … there is most likely an excellent reason why.
The majority of the time it’s because you’re missing out on inclusions that must really come as standard (and they’ll be making you pay for them later), or you’re going to be paying extra for ‘site costs’ so the home builder can make up their original price shortfall.
We hear a great deal of scary stories from first house purchasers that get a bit too excited and regrettably didn’t do adequate due diligence before parting with their hard-earned money.
Rahul was one of them. He approached us after using his entire $25,000 deposit to secure a block of land that no builder wanted to build on (plus the worst part was, he believed he ‘d got himself an inexpensive rate, but he ‘d actually paid more than what it was worth and really didn’t need to hand over a 10% deposit either).
Sara, regrettably, contacted us after she ‘d just signed contracts with a big builder and paid her deposit, just to later 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, one of our brand-new house build professionals were able to assist him find a home builder that specialised in building 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. Starting once again with another builder and losing the deposit she ‘d already paid wasn’t a choice. So she wound up needing to finance the extra $35,000 from her parents and chalk it up to one of lifes lessons.
Rahul and Sara are simply a few of the many first house purchasers that find themselves in a truly difficult circumstance because they‘ve decided (and parted with a great deal of cash) without having all the information and help from professionals, that they required.
And we really don’t wish that to occur to you!
That’s why we started the First Home Buyer Accelerator to assist novice purchasers through the entire process so you don’t make any of the costly and typical 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 find you the very best offer and it’s their role to make sure you move into your first house happy and excited.
Picture having assurance that when you do find your best first house, you know you’re making the ideal choice.
In simply a fast 10 minute call, you’ll get to consult with one of our professionals before you deciding you may later regret and you’ll also find out right away if you get approved for help finding, buying and building your brand-new 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.