Hi all, I was very keen on buying our first home earlier this week and had secured a pre-approval just before the COVID-19 crisis started to take shape. I did not have any experience of buying property to begin with and then all these changes to the methods of inspecting a property became enforceable. We have looked at few properties in person but did not quite like one yet. The uncertainty and sentiment in the air these days is further dampening my keenness to proceed with the most expensive purchase of my life. If I buy, it will be our PPOR and we will not have to rent anymore. I am lucky enough to still have a job and there is no indication from my employer that my employment may be terminated in foreseeable future. There are about 5 weeks left in the validity of the pre-approval I have. Should I: 1. Buy now 2. Get my pre-approval extended and buy by Sep 3. Forget about buying a house for now I would like to ask what would be a reasonable option for me in this COVID-19 era. Please pardon me for knowing very little or not enough. I appreciate your advice. P. S. I will buy in Melbourne if I proceed and will keep it as our PPOR for at least 3 – 4 years. My budget is slightly less than $500,000.