We know it’s a really thrilling time buying and building your first house, however, it doesn’t constantly end up that way for lots of first house purchasers.
A lot of times we see people losing hundreds of thousands of their hard earned money on a new house & land package due to the fact that they believed they were getting themselves a good deal.
However remember, if it sounds too great to be true, it generally is!
See, some home builders ‘conceal’ their extra costs and don’t provide you fixed upfront ‘quotes’. Meaning that ‘quote’ they just gave you, will most certainly NOT be the total amount you need to pay.
Which’s when you should be asking yourself, why?
If you’re being sold any house and land packages that are tens of thousands of dollars cheaper than other comparable houses you‘ve taken a look at … there is most likely a good reason why.
Most of the time it’s due to the fact that 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 catch up their original price gap.
We hear a great deal of scary stories from first house purchasers that get a bit too excited and unfortunately didn’t do adequate due diligence before parting with their hard-earned money.
Rahul was one of them. He approached us after spending his entire $25,000 deposit to secure a block of land that no home builder wished to develop on (plus the worst part was, he believed he ‘d got himself a cheap price, however he ‘d in fact paid more than what it was valued at and really didn’t need to turn over a 10% deposit either).
Sara, unfortunately, approached us after she ‘d already signed agreements with a big home builder and paid her deposit, only to later on be struck with an additional $35,000 in ‘unforeseen’ expenses (for items she believed were inclusive in the initial quote) and had no idea how she ‘d cover the costs.
Thankfully, with Rahul, one of our new house land specialists had the ability to help him discover a 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. Beginning again with another home builder and losing the deposit she ‘d already paid wasn’t an option. So she wound up having to borrow the extra $35,000 from her parents and chalk it up to one of those lifes lessons.
Rahul and Sara are just some of the many first house purchasers that discover themselves in a truly difficult circumstance due to the fact that they‘ve decided (and parted with a great deal of savings) without having all the information and support from specialists, that they needed.
And we truly 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 entire procedure so you don’t make any of the pricey and typical mistakes we see far too often.
It’s their role to ask all of those concerns that Rahul and Sara should have asked. It’s their role to find you the best deal and it’s their role to make sure you move into your first house happy and ecstatic.
Picture having peace of mind that when you do find your ideal first house, you know you’re making the right choice.
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 immediately if you get approved for assistance finding, buying and building your 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.