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If you’re looking to build a new home, but don’t know where to start, you should consider hiring a building broker. Here’s what they do, and why working with them can be the key to achieving exactly the home you need.
Your new home is more than just four walls, a roof, and space. It’s where your life happens. A building broker will help you every step of the way, from choosing the right home design that suits your needs, and finding the perfect house and land package to navigating financing options to overseeing its completion – ensuring that you feel comfortable and confident in your new home.
What a building broker is not, though, is a building contractor. Some people do confuse the terms and use them interchangeably. To make an easy distinction, a building broker generally functions as a building consultant without special connections with any specific builder. Thus, you can rest assured that the building broker you hire will work for you, not another party so that you can get the best deal for your first home.
A building broker is someone you should meet with before contacting first home builders, architects, or designers. It’s also better to wait to have a broker by your side before you purchase a block of land, which is a crucial step in avoiding pitfalls right from the start.
Here are four reasons why you need a building broker for your first home build:
You’re a busy person looking to build a new home. Without experience, you may not know where to begin. But did you know that you can have your first home built with less stress whilst also saving lots of money? That’s possible with a building broker.
Armed with the needed knowledge in every significant aspect of construction, a building broker can give you relevant advice on the best professionals to hire, including builders and architects. Brokers understand the intricacies of construction timelines, as well as possible hidden costs. You can prevent expensive mistakes whilst making sure you stay within your budget with their expert guidance.
Speaking of budgets, it’s not uncommon for a first home buyer to borrow money for the new home construction. With the help of a building broker, you can get the best home loan rates without the heavy lifting.
Remember that securing finance for your first home is not entirely similar to loans for buying an already established property. Construction loans have a varied structure, which generally entails a series of instalment payments. In other words, you pay these progressive drawdowns directly to the builder and not the lender. Since this lending type is complex, you need the guidance of a qualified building broker, so you understand your financial options and the whole process.
Location is critical for every first home buyer, but most people don’t know where to look. Save time and effort with the help of building brokers. They know which places offer what matters to you, from amenities to accessibility to appearance.
They also know the cities’ or neighbourhoods’ plans for development. So, there are no more unnecessary visits to places that don’t fit your taste, lifestyle, and finances.
Connecting with building brokers means access to proven builders of excellent calibre. A trustworthy broker has a network of builders that only offer superior quality and service. That way, you feel confident that your home’s builder is one of the leaders in the business. Before you hire a building broker, make sure you enquire about their specific method of choosing their panel of builders.
As Perth’s trusted building brokers, we aspire to be the best by focusing on the following core values:
Are you ready to have your new home? Let’s get you started. At Aspire Building Brokers, we keep your interests our top priority by giving you professional and dependable guidance from the beginning of your building journey until you get the keys to your new home.