Start looking for properties but don’t know how much they can borrow from the banks;
Don’t understand how the banks assess their financial situation;
Go to their banks directly rather than looking for different options in the market;
Didn’t have a Pre-Approval in place when they make an offer to buy a property;
Are not aware of the current Government Schemes available to First Home Buyers;
Didn’t understand how much deposit that they actually need;
Didn’t understand other associated costs involved in buying a property;
Didn’t understand what the process is to buy a home.