We understand it’s an extremely exciting time buying and building your first home, however, it does not always wind up that way for a good deal of first home purchasers.
A lot of times we see individuals squandering hundreds of thousands of their hard earned money on a new home & land bundle due to the fact that they believed they were getting themselves a great deal.
However keep in mind, if it sounds too great to be true, it generally is!
See, some Companies ‘conceal’ their additional costs and do not offer you fixed upfront ‘quotes’. Meaning that ‘quote’ they just offered you, will most definitely NOT be the total cost you need to pay.
Which’s when you should be asking yourself, why?
If you’re being sold any home and land packages that are tens of thousands of dollars less expensive than other comparable homes you have actually looked at … there is most likely a great reason why.
Most of the time it’s due to the fact that you’re losing out on extras that need to 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 gap.
We hear a lot of scary stories from first home purchasers that get a bit too excited and regrettably didn’t do adequate due diligence prior to parting with their hard-earned money.
Rahul was among them. He came to us after using his whole $25,000 deposit to secure a block of land that no home builder wished to build on (plus the worst part was, he believed he ‘d got himself a low-cost price, however he ‘d really paid more than what it was worth and truly didn’t require to hand over a 10% deposit either).
Sara, regrettably, came to us after she ‘d already signed agreements with a well known home builder and paid her deposit, just to later on be hit with an additional $35,000 in ‘unexpected’ expenses (for items she believed were inclusive in the initial quote) and had no thought of how she ‘d pay for them.
Luckily, with Rahul, one of our new home build experts were able to help him find 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 far too late. Beginning again with another home builder and losing the deposit she ‘d already paid wasn’t an alternative. So she ended up having to borrow the additional $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 truly stressful circumstance due to the fact that they have actually decided (and parted with a lot of cash) without having all the information and support from experts, that they required.
And we really do not wish that to happen to you!
That’s why we began the First Home Buyer Accelerator to assist novice purchasers through the whole process so you do not make any of the expensive and typical mistakes we see far frequently.
It’s their job to ask all of those questions that Rahul and Sara should have asked. It’s their job to locate you the very best offer and it’s their job to ensure you move into your first home delighted and excited.
Picture having peace of mind that when you do locate your best first home, you know you’re making the right decision.
In just a quick 10 minute call, you’ll get to talk to one of our experts prior to you deciding you may later on regret and you’ll also learn immediately 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.