We understand it’s a really thrilling time purchasing and building your first home, nevertheless, it doesn’t constantly wind up that like that for lots of first time home purchasers.
A lot of times we see people squandering hundreds of thousands of their hard earned money on a new home & land bundle since 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 builders ‘conceal’ their extra costs and do not provide you fixed upfront ‘costs’. Meaning that ‘quote’ they just 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 sold any home and land packages that are 10s of thousands of dollars cheaper than other comparable homes you have actually looked at … there is probably an excellent reason why.
The majority of the time it’s since you’re missing 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 expenses’ so the contractor can make up their original price shortfall.
We hear a great deal of scary stories from first home purchasers that get a little bit too fired up and sadly didn’t do adequate research before 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 Company wanted to construct a house on (plus the worst part was, he believed he ‘d got himself an inexpensive cost, but he ‘d in fact paid more than what it was valued at and actually didn’t need to turn over a 10% deposit either).
Sara, sadly, came to us after she ‘d already signed agreements with a well known Company and paid her deposit, just to later on be hit with an additional $35,000 in ‘unforeseen’ expenses (for extras she believed were included in the original quote) and had no idea how she ‘d cover the costs.
Fortunately, with Rahul, one of our new home specialists were able to help him find a home 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 too late. Starting once again with another home builder and losing the deposit she had actually previously paid wasn’t a choice. So she ended up having 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 a few of the many first home purchasers that find themselves in a really difficult situation since they have actually decided (and parted with a great deal of savings) without having all the details and assistance from specialists, that they needed.
And we really do not wish that to happen to you!
That’s why we began the First Home Buyer Accelerator to guide novice purchasers through the entire process so you do not make any of the costly and typical mistakes 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 deal and it’s their role to make sure you move into your first home pleased and thrilled.
Imagine having comfort that when you do find your perfect first home, you understand you’re making the ideal decision.
In just a quick 10 minute call, you’ll get to speak to one of our specialists before you deciding you might later on regret and you’ll also learn right away if you qualify for assistance finding, purchasing 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.