We know it’s a very exciting time buying and building your first house, however, it doesn’t always wind up that like that for lots of first time house purchasers.
A lot of times we see people squandering hundreds of thousands of their hard earned money on a new home & land package since they thought they were getting themselves a good deal.
However keep in mind, if it sounds too good to be real, it usually is!
See, some builders ‘conceal’ their extra fees and don’t give you fixed upfront ‘costs’. Indicating that ‘quote’ they simply offered you, will most absolutely NOT be the total cost you have to pay.
Which’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 cheaper than other comparable houses you have actually 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 ought to actually 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 contractor can make up their original price gap.
We hear a lot of scary stories from first house purchasers that get a bit too excited and regrettably didn’t do enough due diligence prior to parting with their hard-earned cash.
Rahul was among them. He approached us after spending his entire $25,000 deposit to lock in a block of land that no home builder wanted to build on (plus the worst part was, he thought he ‘d got himself a low-cost price, but he ‘d in fact paid more than what it was worth and truly didn’t require to turn over a 10% deposit either).
Sara, regrettably, approached us after she ‘d already signed agreements with a big home builder and paid her deposit, just to later be struck with an extra $35,000 in ‘unanticipated’ costs (for items she thought were included in the initial quote) and had no idea how she ‘d pay for them.
Luckily, with Rahul, one of our new house professionals had the ability to help him discover a builder that specialised in building on smaller 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 had actually previously paid wasn’t an option. So she wound up having to finance the extra $35,000 from her parents and chalk it up to one of lifes lessons.
Rahul and Sara are simply some of the numerous first house purchasers that discover themselves in a truly confronting circumstance since they have actually made a decision (and parted with a lot of cash) without having all the information and support from professionals, that they required.
And we really don’t want that to happen to you!
That’s why we started the First Home Buyer Accelerator to guide first-time 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 should have asked. It’s their role to find you the best offer and it’s their role to make sure you move into your first house pleased and proud.
Imagine having comfort that when you do find your perfect first house, you understand you’re making the ideal decision.
In simply a fast 10 minute call, you’ll get to consult with one of our professionals prior to you making a decision you might later regret and you’ll also learn instantly if you get approved for assistance finding, buying and building your 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.