For all those people out there who are completely confused about buying their first home, let me be the first to tell you that you are not alone.

First things first – do some research. There is a lot to cover and it pays if you have some idea about what lies ahead of you. Start familiarising yourself with terms, especially if you are pretty green when it comes to the finance world. It may be a long way down the track but some clarity up front will help. You will also avoid surprises down the track.