We understand it’s a very thrilling time buying and building your first home, nevertheless, it does not constantly wind up that like that for a good deal of first home buyers.
A lot of times we see individuals squandering hundreds of thousands of dollars on a new home & 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 real, it normally is!
See, some Companies ‘hide’ their extra costs and do not give you fixed upfront ‘quotes’. Suggesting that ‘quote’ they simply gave you, will most certainly NOT be the final cost you have to pay.
And that’s when you should be asking yourself, why?
If you’re being offered any home and land packages that are 10s of thousands of dollars less expensive than other similar homes you‘ve looked at … there is most likely a great reason why.
The majority of the time it’s due to the fact that you’re losing out on extras that must really 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 builder can make up their original price gap.
We hear a lot of horror stories from first home buyers that get a bit too excited and unfortunately didn’t do sufficient due diligence before parting with their hard-earned cash.
Rahul was among them. He approached us after using his whole $25,000 deposit to lock in a block of land that no Company wanted to build on (plus the worst part was, he believed he ‘d got himself an inexpensive cost, however he ‘d actually paid more than what it was valued at and actually didn’t require to hand over a 10% deposit either).
Sara, unfortunately, approached us after she ‘d just signed agreements with a well known Company and paid her deposit, just to later on be hit with an additional $35,000 in ‘unforeseen’ costs (for items she believed were inclusive in the initial quote) and had no idea how she ‘d pay for them.
Fortunately, with Rahul, among our new home land specialists were able to assist him find a 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 far 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 needing to borrow 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 home buyers that find themselves in a really difficult circumstance due to the fact that they‘ve decided (and parted with a lot of cash) without having all the info and support from specialists, that they required.
And we honestly do not want that to occur to you!
That’s why we started the First Home Buyer Accelerator to assist first-time new home buyers through the whole process 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 concerns that Rahul and Sara ought to have asked. It’s their job to find you the best deal and it’s their job to ensure you move into your first home happy and proud.
Imagine having assurance that when you do find your ideal first home, you understand you’re making the right decision.
In simply a fast 10 minute call, you’ll get to speak with one of our specialists before you deciding you might later on regret and you’ll also find out right away if you get approved for 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.