We understand it’s an extremely amazing time buying and building your very first house, nevertheless, it doesn’t always wind up that like that for lots of first time house buyers.
Too many times we see people squandering hundreds of thousands of dollars on a brand-new home & land bundle because they believed they were getting themselves a good deal.
However remember, if it sounds too great to be real, it normally is!
See, some home builders ‘conceal’ their extra costs and do not give you fixed upfront ‘costs’. Indicating that ‘quote’ they simply offered 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 offered any house and land packages that are tens of thousands of dollars cheaper than other similar houses you have actually taken a look at … there is most likely a good reason why.
The majority of the time it’s because you’re missing out on inclusions 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 expenses’ so the contractor can make up their original price shortfall.
We hear a great deal of scary stories from very first house buyers that get a little bit too excited and unfortunately didn’t do sufficient due diligence prior to parting with their hard-earned cash.
Rahul was among them. He came to us after using his whole $25,000 deposit to lock in a block of land that no Company wanted to develop on (plus the worst part was, he believed he ‘d got himself a low-cost price, however he ‘d actually paid more than what it was valued at and really didn’t need to turn over a 10% deposit either).
Sara, unfortunately, came to us after she ‘d just signed agreements with a well known Company and paid her deposit, just to later on be struck with an additional $35,000 in ‘unforeseen’ expenses (for extras she believed were inclusive in the original quote) and had no idea how she ‘d pay for them.
Thankfully, with Rahul, one of our brand-new house land experts had the ability to assist him find 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 again with another builder and losing the deposit she had actually previously paid wasn’t an alternative. So she ended up having to borrow the extra $35,000 from her mum and dad and chalk it up to one of lifes lessons.
Rahul and Sara are simply some of the numerous very first house buyers that find themselves in a really difficult scenario because they have actually decided (and parted with a great deal of cash) without having all the info and help from experts, that they required.
And we truly do not wish that to happen to you!
That’s why we started the First Home Buyer Accelerator to guide first-time new home buyers through the whole procedure so you do not make any of the expensive and common errors we see far too often.
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 best offer and it’s their role to ensure you move into your very first house happy and excited.
Imagine having peace of mind that when you do find your ideal very first house, you know you’re making the right decision.
In simply a quick 10 minute call, you’ll get to talk to one of our experts prior to you deciding you may later on regret and you’ll also learn instantly if you get approved for help finding, buying and building your brand-new very 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.