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# Face of the Day
- URL: https://goodoil.news/face-of-the-day-248/
- Published: 2020-10-26T17:30:00.000Z
- Updated: 2020-10-27T20:41:35.000Z
- Author: Good Oil Staff
- Tags: Featured, NZ, #wp, #wp-post, #Import 2024-07-17 02:38

#### First Home Buyer Burned by Sunset Clause Finally Secures Dream House in Lower Hutt

There is a house worth of stuff packed into the laundry room of Bailey Ross’ parents’ house.

The 25-year-old Wellingtonian bought a television, dining table and chairs, sofas, appliances and wine glasses – “the essentials” – more than a year ago thinking she was due to move into her first home in weeks.

Instead, she was [left heartbroken when the developer of the house she’d bought in Tawa for $515,000 in May 2019 cancelled the sale with the sunset clause](https://www.stuff.co.nz/life-style/homed/first-homes/119147416/on-the-ladder-first-time-buyers-dream-home-contract-cancelled-within-weeks-of-move-in-date?ref=goodoil.news) in the contract and relisted the properties [(bought by Ross and a number of others](https://www.stuff.co.nz/life-style/homed/first-homes/119485313/first-time-buyers-say-kiwis-need-more-protection-after-heartbreaking-home-cancellations?ref=goodoil.news)) for $90,000 more than what she’d paid.

In the year’s time Ross spent waiting for that two-bedroom to be built, [prices in the Wellington region soared](https://www.stuff.co.nz/life-style/homed/real-estate/122811032/demand-for-wellington-property-sees-largest-annual-increase-on-record?ref=goodoil.news#:~:text=The%20average%20asking%20price%20for%20a%20house%20in%20the%20area,%29%20and%20Porirua%20%28%24723%2C950%29.). But she refused to let the experience, or the prospect of sinking the remainder of her life’s savings into a deposit, put her off the new-build dream.

Ross set her sights on home ownership when she was just 16 by starting a savings account, and says she has been “extremely blessed” by the privilege of living with her parents rent-free to work towards that goal.

[Read the full article here.](https://www.stuff.co.nz/life-style/homed/first-rung/123095707/first-home-buyer-burned-by-sunset-clause-finally-secures-dream-house-in-lower-hutt?ref=goodoil.news) Comment on it on *The BFD.*