How to Price Your Property Appropriately

The real estate market has showed improvement! In fact 2013 was the best year that we had in the local Smith Mountain Lake market since 2006. While I do believe that the market recovery is here to stay in SML, we are seeing the market still favoring the buyer pool. We currently have about a […]

The Dodd-Frank and Qualified Mortgages

Before you start shopping for a home listen up as new lending guidelines have gone into effect! Prior to the mortgage crisis many mortgages were granted without regard to the borrower’s ability to repay the loan. Verification of the borrower’s debt and income usually never took place and a ‘great’ rate was offered, even though […]