We know it’s a very exciting time buying and building your first house, however, it does not always end up that like that for lots of first time house buyers.
Too many times we see individuals wasting hundreds of thousands of dollars on a brand-new home & land bundle because they thought they were getting themselves a good deal.
However keep in mind, if it sounds too great to be true, it generally is!
See, some home builders ‘conceal’ their extra costs and don’t offer you fixed upfront ‘costs’. Suggesting that ‘quote’ they just offered you, will most certainly NOT be the final amount you need to pay.
And that’s when you should be asking yourself, why?
If you’re being offered any house and land packages that are tens of thousands of dollars cheaper than other comparable houses you‘ve looked at … there is probably a great reason why.
Most of the time it’s because you’re losing out on inclusions that should 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 catch up their original price gap.
We hear a great deal of horror stories from first house buyers that get a bit too fired up and sadly didn’t do sufficient due diligence prior to parting with their hard-earned money.
Rahul was among them. He approached us after spending his whole $25,000 deposit to lock in a block of land that no builder wished to develop on (plus the worst part was, he thought he ‘d got himself a low-cost rate, however he ‘d really paid more than what it was worth and truly didn’t require to hand over a 10% deposit either).
Sara, sadly, approached 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 items she thought were inclusive in the original quote) and had no thought of how she ‘d pay for them.
Thankfully, with Rahul, among our brand-new house land specialists were able to assist him discover 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.
But, with Sara, it was far too late. Beginning once again with another home builder and losing the deposit she ‘d previously paid wasn’t a choice. So she ended up having to finance the extra $35,000 from her parents and chalk it up to one of those lifes lessons.
Rahul and Sara are just a few of the many first house buyers that discover themselves in a really stressful circumstance because they‘ve made a decision (and parted with a great deal of savings) without having all the info and assistance from specialists, that they needed.
And we really don’t wish that to happen to you!
That’s why we began the First Home Buyer Accelerator to guide novice new home buyers through the whole procedure so you don’t make any of the expensive and common errors we see far frequently.
It’s their role to ask all of those questions that Rahul and Sara ought to have asked. It’s their role to locate you the best offer and it’s their role to make certain you move into your first house delighted and thrilled.
Imagine having assurance that when you do locate your ideal first house, you understand you’re making the right decision.
In just a fast 10 minute call, you’ll get to talk to one of our specialists prior to you making a decision you may later regret and you’ll also learn immediately if you receive assistance 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.