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June 2020 Archives

Real estate transactions: Single family homes as investments

The real estate market in many areas has taken a beating in the last couple months. Some Delaware investors might have realized that people who are sequestered in condos and apartments get tired of looking at four walls. With that in mind, single-family purchases as investments are becoming among the most popular real estate transactions. More people are appreciating having a yard and a garden to putter around in when staying at home, and more renters are looking at leasing single-family homes.

When might earnest money not be refundable?

Ready to buy a home in Delaware? Those who are need to be prepared to put down earnest money to get the house taken off the market in order for it to be appraised and inspected before the sale goes through. Just be careful when agreeing to pay earnest money, as it may not be refundable if one decides not to buy the property.