We understand it’s a very thrilling time buying and building your first home, however, it does not always wind up that like that for lots of first home buyers.
Too many times we see people squandering hundreds of thousands of their hard earned money on a new home & land package since they thought they were getting themselves a good deal.
But remember, if it sounds too good to be real, it normally is!
See, some builders ‘conceal’ their additional costs and do not give you fixed upfront ‘quotes’. Meaning that ‘quote’ they simply provided you, will most definitely NOT be the total amount you need to pay.
And that’s when you should be asking yourself, why?
If you’re being offered any home and land packages that are tens of thousands of dollars cheaper than other comparable houses you have actually looked at … there is probably a great reason why.
The majority of the time it’s since you’re missing out on extras that should really 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 home builder can catch up their original price shortfall.
We hear a great deal of horror stories from first home buyers that get a bit too fired up and sadly didn’t do enough due diligence before parting with their hard-earned money.
Rahul was one of them. He came to us after using his entire $25,000 deposit to secure a block of land that no builder wished to construct a house on (plus the worst part was, he thought he ‘d got himself an inexpensive price, but he ‘d in fact paid more than what it was valued at and truly didn’t require to hand over a 10% deposit either).
Sara, sadly, approached us after she ‘d already signed agreements with a well known builder and paid her deposit, only to later be struck with an extra $35,000 in ‘unexpected’ costs (for extras she thought were included in the original quote) and had no idea how she ‘d cover the costs.
Thankfully, with Rahul, among our new home professionals had the ability to help him discover a home 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 too late. Starting once again with another builder and losing the deposit she had actually previously paid wasn’t an option. So she wound up having to finance the additional $35,000 from her parents and chalk it up to one of those lifes lessons.
Rahul and Sara are simply some of the many first home buyers that discover themselves in a truly stressful scenario since they have actually made a decision (and parted with a great deal of money) without having all the information and help from professionals, that they required.
And we truly do not want that to happen to you!
That’s why we started the First Home Buyer Accelerator to direct first-time new home buyers through the entire process so you do not make any of the expensive and common errors we see far frequently.
It’s their role to ask all of those concerns that Rahul and Sara ought to have asked. It’s their role to find you the very best deal and it’s their role to make certain you move into your first home delighted and excited.
Picture having comfort that when you do find your perfect first home, you understand you’re making the right choice.
In simply a fast 10 minute call, you’ll get to consult with one of our professionals before you deciding you may later regret and you’ll also learn right away if you receive help finding, buying 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.