We understand it’s a very exciting time buying and building your first house, nevertheless, it does not constantly end up that way for lots of first time house buyers.
A lot of times we see people losing hundreds of thousands of dollars on a new home & land package since they thought they were getting themselves a great deal.
But keep in mind, if it sounds too great to be real, it normally is!
See, some home builders ‘conceal’ their extra charges and don’t give you fixed upfront ‘quotes’. Indicating that ‘quote’ they simply gave you, will most absolutely 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 similar houses you have actually looked at … there is most likely a great reason why.
Most of the time it’s since you’re losing out on extras that need to really 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 home builder can catch up their original price shortfall.
We hear a great deal of horror stories from first house buyers that get a little bit too fired up and sadly didn’t do sufficient research prior to parting with their hard-earned cash.
Rahul was among them. He came to us after using his entire $25,000 deposit to secure a block of land that no home builder wanted to construct a house on (plus the worst part was, he thought he ‘d got himself a cheap price, however he ‘d in fact paid more than what it was valued at and truly didn’t require to turn over a 10% deposit either).
Sara, sadly, approached us after she ‘d just signed contracts with a well known home builder and paid her deposit, only to later be hit 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 cover the costs.
Fortunately, with Rahul, among our new house land experts had the ability to assist him find a home builder that specialised in building 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. Beginning once again with another builder and losing the deposit she had actually already paid wasn’t an alternative. So she ended up having to finance the extra $35,000 from her mum and dad and chalk it up to one of those lifes lessons.
Rahul and Sara are simply a few of the numerous first house buyers that find themselves in a truly stressful circumstance since they have actually made a decision (and parted with a great deal of savings) without having all the information and support from experts, that they needed.
And we truly don’t wish that to occur to you!
That’s why we started the First Home Buyer Accelerator to assist first-time purchasers through the entire process so you don’t make any of the pricey and typical mistakes 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 locate you the best deal and it’s their job to make sure you move into your first house delighted and ecstatic.
Picture having assurance that when you do locate your ideal first house, you know you’re making the ideal choice.
In simply a quick 10 minute call, you’ll get to talk with one of our experts prior to you making a decision you might later regret and you’ll also find out instantly if you get approved for help 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.