Mortgage Pitfalls for the home buyer / Alex Matheson

2020 was the year that first home buyers got their groove on again...some did anyway with the first timers getting almost 25% of house sales. It currently takes up to 3 weeks (at time of writing), to obtain pre-approval of finance from a bank. It also sounds like for every house sale, there could be  up to 10 individuals who have all engaged their banks, lawyers, builder and valuers - all undertaking some sort of due diligence. 
There is so much wastage in the property purchasing industry.
This episode is about trying to help you avoid the pitfalls when buying your next home and involving the bank- because pitfalls suck balls, and whatever else that falls down them.
Some questions we're going to discuss here:
Bank vs Adviser
How to fill out an application form
Does it matter who your parents are?
How important is a track record?
These are some of the most common pitfalls that first timers fall into (and even if it's not your first rodeo too).
Now as promised, courtesy of of Financial Advice NZ - here's a list of all member advisers. 
You may also wish to check out this episode if you're looking to purchase via auction.
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Hatch / NZ Everyday Investor, Investing Challenge!
Start investing regularly. It’s not about picking stocks, it’s all about investing regularly towards an objective! The goal of the challenge is to get you to start making regular contributions to your investments, to build long term wealth. 
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https://www.hatchinvest.nz/nz-everyday-investor-giveaway
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Just pop down your email address and your goal you have when it comes to investing – that’s right – if you put it out there, it’s more likely to happen. 
The challenge will run from Monday 16 November to Monday 30 November, and the winner will be announced on Tuesday 1 December. So don’t put this off – if you’re in a position to do it, click on the link now. If you work for money, put some of it to work for you today – good luck!
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The NZ Everyday Investor would also like to acknowledge the support of kōura.
Most people fixate on just fees or historical returns when trying to choose a KiwiSaver fund. But professionals know there’s the third, arguably more essential  component to consider - asset allocation. kōura's digital advice tools will build you a KiwiSaver portfolio that has the perfect asset allocation just for you.  Of course you could also just choose your own KiwiSaver portfolio with them too.  Give them a try and see what your ideal KiwiSaver asset allocation looks like for you.
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