We know it’s a really exciting time purchasing and building your first home, nevertheless, it does not always wind up that way for many first home buyers.
A lot of times we see people losing hundreds of thousands of their hard earned money on a brand-new house & land package because they believed they were getting themselves a great deal.
However remember, if it sounds too great to be true, it generally is!
See, some home builders ‘conceal’ their extra charges and don’t give you fixed upfront ‘costs’. Indicating that ‘quote’ they simply provided you, will most certainly 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 10s of thousands of dollars less expensive than other comparable homes you have actually looked at … there is probably a good reason why.
Most of the time it’s because you’re losing out on extras 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 costs’ so the builder can make up their original price shortfall.
We hear a lot of scary stories from first home buyers that get a little bit too fired up and unfortunately didn’t do adequate research prior to parting with their hard-earned cash.
Rahul was among them. He approached us after spending his whole $25,000 deposit to secure a block of land that no builder wished to construct a house on (plus the worst part was, he believed he ‘d got himself a cheap price, but he ‘d in fact paid more than what it was valued at and truly didn’t require to hand over a 10% deposit either).
Sara, unfortunately, came to us after she ‘d already signed contracts with a well known builder and paid her deposit, just to later on be struck with an additional $35,000 in ‘unforeseen’ costs (for items she believed were inclusive in the original quote) and had no thought of how she ‘d cover the costs.
Fortunately, with Rahul, among our brand-new home land experts were able to help him find a home 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 once again with another home builder and losing the deposit she ‘d already 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 lifes lessons.
Rahul and Sara are simply some of the numerous first home buyers that find themselves in a truly difficult circumstance because they have actually decided (and parted with a lot of savings) without having all the information and assistance from experts, that they needed.
And we really don’t want that to happen to you!
That’s why we started the First Home Buyer Accelerator to direct novice new home buyers through the whole procedure so you don’t make any of the costly and typical errors we see far too often.
It’s their job to ask all of those questions that Rahul and Sara should have asked. It’s their job to find you the very best offer and it’s their job to ensure you move into your first home delighted and ecstatic.
Picture having assurance that when you do find your perfect first home, you understand you’re making the best decision.
In simply a quick 10 minute call, you’ll get to consult with one of our experts prior to you deciding you may later on regret and you’ll also find out instantly if you get approved for assistance finding, purchasing and building your brand-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.