When the weather improves, so does home buying. Spring is consistently the busiest time of year for real estate, marked by increases in property listings, open houses and buying interest. Forbes Magazine offers a few tips for buying a home in the spring, ones we thought were appropriate for any of our followers who want to be smart about their Smith Mountain Lake property search. First is to hire an experienced real estate professional to guide your home buying process.
Second is to understand your financial capacity for a home mortgage. Recent changes in home financing make it even more important to know what you can realistically afford when it comes to a home mortgage. Before touring homes at Smith Mountain Lake, you should meet with a mortgage specialist to determine what your budget really needs to look like and get pre-approval for a loan. This will save a home buyer a world of disappointment and frustration, and make the home search quicker and more pleasant.