We know it’s an extremely amazing time purchasing and building your very first home, nevertheless, it does not constantly end up that like that for many first time home purchasers.
Too many times we see individuals wasting hundreds of thousands of dollars on a new home & land bundle due to the fact that they believed they were getting themselves a great deal.
But keep in mind, if it sounds too great to be real, it usually is!
See, some home builders ‘hide’ their extra charges and don’t offer you fixed upfront ‘costs’. Suggesting that ‘quote’ they just offered you, will most definitely NOT be the final cost you have to pay.
Which’s when you should be asking yourself, why?
If you’re being sold any home and land packages that are tens of thousands of dollars less expensive than other comparable houses you have actually looked at … there is most likely a good reason why.
The majority of the time it’s due to the fact that you’re losing 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 costs’ so the contractor can catch up their original price gap.
We hear a great deal of horror stories from very first home purchasers that get a little bit too excited and unfortunately didn’t do adequate research prior to parting with their hard-earned cash.
Rahul was one of them. He approached us after using his entire $25,000 deposit to lock in a block of land that no builder wished to construct a house on (plus the worst part was, he believed he ‘d got himself an inexpensive cost, but he ‘d in fact paid more than what it was valued at and really didn’t need to hand over a 10% deposit either).
Sara, unfortunately, approached us after she ‘d already signed agreements with a big builder and paid her deposit, just to later on be hit with an additional $35,000 in ‘unanticipated’ costs (for extras she believed were included in the initial quote) and had no thought of how she ‘d cover the costs.
Thankfully, with Rahul, among our new home land experts were able to help him discover a builder that specialised in building 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 again with another Company and losing the deposit she had actually already paid wasn’t an alternative. So she wound 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 very first home purchasers that discover themselves in a truly confronting scenario due to the fact that they have actually made a decision (and parted with a great deal of cash) without having all the info and support from experts, that they required.
And we honestly don’t wish that to happen to you!
That’s why we started the First Home Buyer Accelerator to guide novice purchasers through the entire procedure so you don’t make any of the costly and typical 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 sure you move into your very first home happy and excited.
Picture having assurance that when you do locate your ideal very first home, you know you’re making the ideal decision.
In just a fast 10 minute call, you’ll get to talk with one of our experts prior to you deciding you may later on regret and you’ll also find out immediately if you qualify for help finding, purchasing and building your 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.