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...
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Residential Real Estate
Disclosures matter when selling residential real estate
On Behalf of Tunnell & Raysor, P.A. | May 29, 2020 | Residential Real Estate
Selling a home can be a very stressful experience. When needing or wanting to sell a home as quickly as possible, one might be tempted to leave potential buyers in the dark about any problems with the property. In Delaware, disclosures matter when selling residential...
Avoid these mistakes when shopping for residential real estate
On Behalf of Tunnell & Raysor, P.A. | May 11, 2020 | Residential Real Estate
Buying a home for the first time is an exciting experience. Of course, it can also be difficult to navigate the world of residential real estate, which is why many people choose to work with real estate agents. However, it is still important that potential homebuyers...
Inspections important when buying residential real estate
On Behalf of Tunnell & Raysor, P.A. | Apr 13, 2020 | Residential Real Estate
Buying a home is an exciting step for a Delaware family. Whether it's a first-time residential real estate purchase or a subsequent one, it is critical for a buyer to be cautious throughout this process. Before signing the final purchase agreement, a home inspection...
Include this contingency in a residential real estate contract
On Behalf of Tunnell & Raysor, P.A. | Apr 1, 2020 | Residential Real Estate
Buying a home here in Delaware should be an exciting and joyous experience. It can be, but there are still numerous items to address before the deal can close. One of them is making sure the home does not have any significant defects that could end up costing buyers...
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...
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...
Equity can play a role in timing a home sale
On Behalf of Tunnell & Raysor, P.A. | Dec 26, 2019 | Residential Real Estate
Those who own property in Delaware and throughout the country may sell their homes even if they owe money on their mortgages. Ideally, a homeowner will owe less on a home loan than his or her home is worth at the time of the sale. This is because the primary lender is...