We know it’s a really exciting time buying and building your very first home, however, it does not always wind up that like that for many first home buyers.
Too many times we see people wasting hundreds of thousands of dollars on a brand-new home & land bundle since they thought they were getting themselves a good deal.
But keep in mind, if it sounds too great to be true, it usually is!
See, some home builders ‘hide’ their extra costs and do not give you fixed upfront ‘quotes’. Indicating that ‘quote’ they simply provided 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 less expensive than other similar houses you‘ve 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 extras 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 expenses’ so the home builder can make up their original price gap.
We hear a lot of horror stories from very first home buyers that get a bit too fired up and sadly didn’t do adequate due diligence prior to parting with their hard-earned cash.
Rahul was one of them. He approached us after spending his entire $25,000 deposit to lock in a block of land that no home builder wished to construct a house on (plus the worst part was, he thought he ‘d got himself a low-cost price, however he ‘d actually paid more than what it was valued at and truly didn’t need to hand over a 10% deposit either).
Sara, sadly, approached us after she ‘d already signed agreements with a big home builder and paid her deposit, just to later be struck with an additional $35,000 in ‘unanticipated’ expenses (for extras she thought were inclusive in the original quote) and had no thought of how she ‘d pay for them.
Thankfully, with Rahul, one of our brand-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 ‘d previously paid wasn’t an option. So she wound up having to finance the extra $35,000 from her mum and dad and chalk it up to one of lifes lessons.
Rahul and Sara are simply a few of the many very first home buyers that find themselves in a really confronting situation since they‘ve made a decision (and parted with a lot of savings) without having all the info and help from specialists, that they needed.
And we honestly do not want that to happen to you!
That’s why we started the First Home Buyer Accelerator to assist first-time new home buyers through the entire procedure so you do not make any of the costly and typical mistakes 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 deal and it’s their role to ensure you move into your very first home pleased and excited.
Imagine having assurance that when you do locate your best very first home, you understand you’re making the right decision.
In simply a fast 10 minute call, you’ll get to talk with one of our specialists prior to you making a decision you may later regret and you’ll also learn instantly if you qualify for help finding, buying and building your brand-new very 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.