We understand it’s an extremely thrilling time purchasing and building your first home, nevertheless, it does not always end up that like that for many first home buyers.
A lot of times we see people wasting hundreds of thousands of dollars on a new house & land package due to the fact that they thought they were getting themselves a good deal.
But keep in mind, if it sounds too good to be true, it typically is!
See, some Companies ‘hide’ their additional fees and do not give you fixed upfront ‘costs’. Indicating that ‘quote’ they just gave you, will most absolutely NOT be the final 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 similar houses you‘ve taken a look at … there is probably a good reason why.
Most of the time it’s due to the fact that you’re losing out on extras that must actually come as standard (and they’ll be making you pay for them later), or you’re going to be paying additional for ‘site costs’ so the builder can catch up their original price shortfall.
We hear a lot of scary stories from first home buyers that get a bit too excited and sadly didn’t do enough 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 develop on (plus the worst part was, he thought he ‘d got himself a cheap rate, however he ‘d really paid more than what it was valued at and actually didn’t need to hand over a 10% deposit either).
Sara, sadly, came to us after she ‘d just signed contracts with a big home builder and paid her deposit, just to later be struck with an additional $35,000 in ‘unanticipated’ costs (for items she thought were included in the initial quote) and had no thought of how she ‘d pay for them.
Luckily, with Rahul, one of our new home professionals 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.
But, with Sara, it was too late. Starting once again with another builder and losing the deposit she ‘d already paid wasn’t an option. So she ended up having to borrow the additional $35,000 from her mum and dad and chalk it up to one of lifes lessons.
Rahul and Sara are just some of the many first home buyers that find themselves in a truly difficult scenario due to the fact that they‘ve decided (and parted with a lot of savings) without having all the information and assistance from professionals, that they needed.
And we truly do not wish that to occur to you!
That’s why we began the First Home Buyer Accelerator to assist first-time new home buyers through the whole procedure so you do not make any of the expensive and typical errors we see far frequently.
It’s their job to ask all of those questions that Rahul and Sara ought to have asked. It’s their job to find you the very best offer and it’s their job to make sure you move into your first home delighted and ecstatic.
Imagine having assurance that when you do find your ideal first home, you know you’re making the right decision.
In just a quick 10 minute call, you’ll get to speak to one of our professionals prior to you deciding you may later regret and you’ll also learn right away if you qualify for help 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.