Finding a perfect home for your family at Smith Mountain Lake is easy. But the responsibilities of home ownership will be more of a burden than a blessing if home buyers aren’t properly prepared. An expert real estate agent like Deb Beran can be the most valuable resource for a Smith Mountain Lake home buyer, but there are many other great tools and tips you can educate yourself with too. Popular financial counselor Dave Ramsey offers several great home buying tips at daveramsey.com, beginning, of course, with the financial prep every home buyer has to carry out.
If you are a first-time home buyer or back in the market after a hiatus from owning a home, you will quickly realize the real estate market isn’t what it used to be. Before the 2008 market decline, owning a home was easy - too easy - and the repercussions of irresponsible lending took its toll. Now, a few years and lessons later, banks are smarter about lending and home buyers are required to be better prepared and resourced to earn that mortgage.
Make sure you meet with a financial consultant or follow the tips on Dave Ramsey’s site to get your finances in order before getting your heart set on a property that will only add stress and pressure to your life over the long run.