Being a landlord is more complicated than buying a building and collecting rent. It is important for property owners to know and understand how Delaware laws apply to them, especially when faced with landlord/tenant matters. Disagreements with renters are common and...
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Year: 2020
What to know about down payments
On Behalf of Tunnell & Raysor, P.A. | Mar 4, 2020 | Residential Real Estate
Those who are looking to buy a home in Delaware or any other state may need to make a down payment as a condition of getting a mortgage. The down payment is simply the amount that a buyer contributes to the purchase price when the transaction closes. Buyers can use...
It’s important to research a neighborhood before buying a home
On Behalf of Tunnell & Raysor, P.A. | Feb 21, 2020 | Residential Real Estate
Prior to purchasing a home in Delaware, buyers are encouraged to learn more about the neighborhood it is located in. They are also encouraged to learn more about the town or city where the home is located. This can help an individual feel more confident about his or...
What to consider when buying a home on a busy street
On Behalf of Tunnell & Raysor, P.A. | Feb 3, 2020 | Residential Real Estate
Homes on busy streets in Delaware and throughout the country are often seen as less than desirable. However, there may be good reasons to purchase a home in an area that is highly active. For instance, it could be closer to a major highway or a bus line. This can make...
Mortgage delinquencies fall to their lowest level in 20 years
On Behalf of Tunnell & Raysor, P.A. | Jan 20, 2020 | Mortgages
Mortgage delinquencies in Delaware and around the country have fallen to their lowest level in 20 years according to data released by CoreLogic. The consumer and business analytics company's latest Loan Performance Insight Report reveals that about 3.7% of the...
More women pursuing solo home ownership than ever before
On Behalf of Tunnell & Raysor, P.A. | Jan 8, 2020 | Residential Real Estate
For generations, couples represented the typical home buyers in Delaware and elsewhere in the United States. As of 2019, a new trend has become clear: Increasing numbers of single women are buying homes by themselves. Approximately 17% to 20% of home buyers were...