On Behalf of Tunnell & Raysor, P.A. | Aug 9, 2017 | Mortgages
Although the change is unlikely to be immediate, in the years ahead, Delaware residents who are seeking a home mortgage may be able to do so with lenders who use alternatives to FICO in determining credit scores. The bill is cosponsored by a Republican and Democratic...
On Behalf of Tunnell & Raysor, P.A. | Jul 28, 2017 | Residential Real Estate
When people want to sell their homes in Delaware, the law requires that they make certain disclosures to the buyers. Delaware's disclosure law is designed to benefit buyers while also providing protections to sellers. It is important for sellers to understand their...
On Behalf of Tunnell & Raysor, P.A. | Jul 12, 2017 | Residential Real Estate
Delaware homeowners who are struggling to keep up with mortgage payments often have questions about foreclosure. Specifically, many homeowners wonder whether it is possible to sell a home once the process has begun. Typically, the homeowner retains the right to sell...
On Behalf of Tunnell & Raysor, P.A. | Jun 30, 2017 | Mortgages
Online banking has made the days of writing dozens of checks each month to cover household expenses a distant memory for many Delaware residents, and they can now use the internet to buy or sell real estate. Several companies already allow consumers to submit mortgage...
On Behalf of Tunnell & Raysor, P.A. | Jun 20, 2017 | Landlord/Tenant Matters
If a tenant in a Delaware residential property fails to pay rent, a landlord may have many options to either demand that it be paid or terminate the rental agreement. At any time after rent is due, a landlord may issue a written demand for payment. If the past due...
On Behalf of Tunnell & Raysor, P.A. | Jun 2, 2017 | Residential Real Estate
Experts are reporting that the majority of millennials in Delaware and across the country don't have enough money to afford a new home down payment. The millennial generation, which remains one of the hardest hit by the financial recession, continues to struggle with...
On Behalf of Tunnell & Raysor, P.A. | May 18, 2017 | Residential Real Estate
Delaware residents who are thinking of investing in real estate may wonder about the choice between residential and commercial types. While buying residential properties has some benefits, it may be more beneficial to purchase commercial properties for several...
On Behalf of Tunnell & Raysor, P.A. | May 5, 2017 | Residential Real Estate
Delaware residents who are looking to buy a home are encouraged to inspect it before the sale closes. This is because the home that a person sees during an open house or showing is one that is in pristine condition. In most cases, the seller will have an inspection...
On Behalf of Tunnell & Raysor, P.A. | Apr 19, 2017 | Residential Real Estate
Home buyers in Delaware and around the country are becoming increasingly concerned about their carbon footprints and are seeking out houses that boast green technology or high levels of insulation according to an industry report. More than half of the real estate...
On Behalf of Tunnell & Raysor, P.A. | Apr 7, 2017 | Residential Real Estate
A seller's market seems to have returned for the residential real estate sector with sellers in Delaware and elsewhere seeing multiple offers and fast turnover on listings. A 5.5 percent increase in sales were seen across the country for the month of February, and a...
