If you’re optimistic that you’ll find a property that meets all your requirements at a price you can afford, you are very likely to find it. However, if you're convinced that property is overpriced, all vendors are greedy and all real estate agents are sharks, it will be hard to maintain the motivation required for a successful home hunt.

Beware of the often-exaggerated boom-or-gloom stories about the property market. If you believe everything that is written, you'll convince yourself it's never the right time to buy. It's natural to be cautious when you're spending such a large amount of money, but researching current market values will go a long way to ensuring you buy at the right price.

You don't need any special skills or above-average intelligence to buy a good property. If you research the market thoroughly and make sure you do your due diligence, you should be able to buy the right property at the right price.

Some people find looking for property a stressful experience. It is a very expensive purchase and there is always the worry that you might not find anything you like in your price range. Plus there's a competitive aspect to it. There are usually a few other buyers you'll need to beat to the jump to secure a good property. And if it’s an auction, you must brave the intensity of competitive bidding.

But rather than getting stressed out, I advise you to get excited about the prospect of owning your new home or investment. Focus on all the benefits and enjoyment you’ll get once you've moved into your new home, or once your investment starts making money for you.

I find the people who do best at home hunting are the ones who get really excited about the process. They're enthusiastic about finding the right home and they relish the thrill of the chase.

There’s no doubt that looking to buy can be hard work, so make things as easy as possible for yourself. Sign up for email alerts on the major real estate portals and register your details on a variety of company databases. At McGrath, one of the benefits we often offer our database buyers is the chance to view a property up to a week before it becomes available for public open inspections. This gives you a big head start and enables you to make an offer early to remove it from the market.

I also advise putting together a checklist of all the attributes that are really important to you. Think about your non-negotiables as well as the things you’re willing to compromise on. Write down a list of questions in a notebook and take it with you to each inspection. Ask yourself, does the property suit your lifestyle? Is there potential to extend or reconfigure the layout? Are any repairs or renovations necessary? What do you really dislike and what do you really like about the home?

Finally, on the day of inspections, approach the task with energy and enthusiasm. Try to think optimistically and remind yourself that ‘today could be the day’ that you find your next home.

Important information: This content has been prepared without taking account of the objectives, financial situation or needs of any particular individual. It does not constitute formal advice. For this reason, any individual should, before acting, consider the appropriateness of the information, having regard to the individual’s objectives, financial situation and needs and, if necessary, seek appropriate professional advice.

For advice you can trust book a complimentary first appointment with Switzer Financial Services today.