Purchasing residential real estate can be a stressful endeavor. After all, it’s a major investment that could have severe financial ramifications in both the short- and long-term. That’s why those who are engaged in the process need to do everything they can to make...
Real Estate Transactions
What are some common defects that could ‘cloud’ a title?
On behalf of Tunnell & Raysor, P.A. | Nov 24, 2020 | Real Estate Transactions
There are a lot of details that go into buying a home in Delaware, including having a title search performed on the property. If the title search reveals a defect “clouding” the title, the defect must be resolved before the home can be sold. The following...
Drafting and reviewing contracts for real estate transactions
On behalf of Tunnell & Raysor, P.A. | Oct 29, 2020 | Real Estate Transactions
It may feel as if there is an endless stream of paperwork to sign when completing a real estate transaction, and understandably so. Whether you are selling or buying, contracts help protect your interests no matter what. But just how familiar are you with real estate...
Is it a good time to sell a home?
On behalf of Tunnell & Raysor, P.A. | Oct 1, 2020 | Real Estate Transactions
Working from home is more common than ever before. While there may be certain drawbacks, many people are finding there are many more benefits. One of the most popular benefits just might be the lack of commute. In fact, workers do not even need to live near the office...
Possible investment risks in real estate transactions
On behalf of Tunnell & Raysor, P.A. | Aug 6, 2020 | Real Estate Transactions
Whether considering purchasing a home, new vehicle or investment property, every investment that involves a significant amount of money comes with a certain amount of risk. This does not mean that people should ignore risks since there is no way of avoiding them, nor...
Real estate transactions: Single family homes as investments
On behalf of Tunnell & Raysor, P.A. | Jun 25, 2020 | Real Estate Transactions
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...
Purchasing short sales
On behalf of Tunnell & Raysor, P.A. | May 1, 2018 | Real Estate Transactions
Delaware residents who are interested in real estate investments might want to consider short sales. These transactions involve the owners selling their properties for less than the amounts that they owe and can offer the potential for good profits.People who are...
Understanding tax-deferred real estate exchanges
On behalf of Tunnell & Raysor, P.A. | Aug 25, 2016 | Real Estate Transactions
If you are preparing to engage in a real estate transaction in Delaware, you will likely find that the process is extremely complicated, regardless of whether it involves a large commercial transaction, a residential property held for investment purposes or a property...
Why credit cards cannot be used in Real Estate transactions
On behalf of Tunnell & Raysor, P.A. | May 17, 2016 | Real Estate Transactions
When a lender approves a mortgage loan, the approval is based on the borrower's debt ratio during the home loan process. The lender approves the loan with the understanding that the borrower has the down payment and closing costs already available. Placing the closing...
Overview of real estate investment trusts
On behalf of Tunnell & Raysor, P.A. | May 17, 2016 | Real Estate Transactions
Many Delaware residents think that they can't afford to get into commercial real estate investing because they don't have the capital to purchase a property outright. Smaller investors often turn to the stock market because it's seen as the easiest way to share in the...
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