We understand it’s a really exciting time purchasing and building your very first home, nevertheless, it does not constantly end up that way for lots of first time home purchasers.
Too many times we see individuals losing hundreds of thousands of dollars on a brand-new home & land package since they believed they were getting themselves a good deal.
But keep in mind, if it sounds too great to be true, it normally is!
See, some Companies ‘hide’ their additional costs and do not give you fixed upfront ‘quotes’. Meaning that ‘quote’ they just offered you, will most certainly NOT be the final cost you need to pay.
Which’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 similar homes you have actually looked at … there is most likely a good reason why.
The majority of the time it’s since you’re losing out on inclusions that must actually come as standard (and they’ll be making you pay for them later), or you’re going to be paying additional for ‘site expenses’ so the builder can make up their original price gap.
We hear a great deal of scary stories from very first home purchasers that get a bit too excited and sadly didn’t do sufficient due diligence prior to parting with their hard-earned cash.
Rahul was one of them. He approached us after using his entire $25,000 deposit to secure 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 in fact paid more than what it was worth and really didn’t need to hand over a 10% deposit either).
Sara, sadly, approached us after she ‘d already signed contracts with a well known Company and paid her deposit, only to later be struck with an extra $35,000 in ‘unexpected’ expenses (for extras she believed were inclusive in the initial quote) and had no thought of how she ‘d cover the costs.
Thankfully, with Rahul, one of our brand-new home build experts had the ability to help him discover a home builder that specialised in working on smaller sized narrow blocks of land and wasn’t going to charge him a fortune to do so.
However, with Sara, it was too late. Starting once again with another home builder and losing the deposit she had actually already paid wasn’t a choice. So she wound up needing to finance the additional $35,000 from her parents and chalk it up to one of lifes lessons.
Rahul and Sara are just some of the numerous very first home purchasers that discover themselves in a truly confronting scenario since they have actually made a decision (and parted with a great deal of cash) without having all the information and support from experts, that they required.
And we honestly do not wish that to happen to you!
That’s why we began the First Home Buyer Accelerator to assist novice new home buyers through the entire procedure so you do not make any of the pricey 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 locate you the very best offer and it’s their job to ensure you move into your very first home pleased and excited.
Imagine having comfort that when you do locate your perfect very first home, you know you’re making the best decision.
In just a quick 10 minute call, you’ll get to talk to one of our experts prior to you making a decision you might later regret and you’ll also discover immediately if you receive help finding, purchasing and building your brand-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.