We know it’s an extremely amazing time buying and building your very first home, nevertheless, it does not always wind up that like that for a good deal of first time home buyers.
A lot of times we see people squandering hundreds of thousands of their hard earned money on a brand-new house & land package since they believed they were getting themselves a good deal.
But remember, if it sounds too good to be real, it typically is!
See, some Companies ‘conceal’ their extra charges and don’t give you fixed upfront ‘quotes’. Suggesting that ‘quote’ they just gave you, will most certainly NOT be the total amount you need to pay.
And that’s when you should be asking yourself, why?
If you’re being sold any home 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.
The majority of the time it’s since you’re losing out on inclusions that need to actually 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 contractor can catch up their original price shortfall.
We hear a great deal of horror stories from very first home buyers that get a bit too fired up and regrettably didn’t do adequate due diligence prior to parting with their hard-earned money.
Rahul was one of them. He approached us after spending his entire $25,000 deposit to secure a block of land that no builder wished to build on (plus the worst part was, he believed he ‘d got himself an inexpensive rate, however he ‘d really paid more than what it was worth and actually didn’t require to turn over a 10% deposit either).
Sara, regrettably, approached us after she ‘d just signed contracts with a big builder and paid her deposit, just to later on be struck with an extra $35,000 in ‘unforeseen’ costs (for items she believed were included in the original quote) and had no idea how she ‘d cover the costs.
Thankfully, with Rahul, one of our brand-new home build professionals were able to assist him find 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.
But, with Sara, it was far too late. Starting once again with another Company and losing the deposit she ‘d previously paid wasn’t a choice. So she ended up needing to borrow the extra $35,000 from her parents and chalk it up to one of those lifes lessons.
Rahul and Sara are just a few of the many very first home buyers that find themselves in a truly difficult situation since they have actually decided (and parted with a great deal of savings) without having all the details and support from professionals, that they needed.
And we honestly don’t wish that to occur to you!
That’s why we began the First Home Buyer Accelerator to guide first-time new home buyers through the entire procedure so you don’t make any of the pricey and typical mistakes we see far frequently.
It’s their role to ask all of those concerns that Rahul and Sara should have asked. It’s their role to find you the best deal and it’s their role to make certain you move into your very first home happy and excited.
Picture having comfort that when you do find your best very first home, you understand you’re making the ideal choice.
In just a quick 10 minute call, you’ll get to speak with one of our professionals prior to you deciding you may later on regret and you’ll also discover instantly if you qualify for assistance finding, buying 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.