Delaware house hunters may feel tempted to purchase the most expensive house in their favorite neighborhood. They do not necessarily want to do this in order to show off, but the most expensive house may be the house that they fall in love with. Before going through...
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Residential Real Estate
What to research when buying a home
On Behalf of Tunnell & Raysor, P.A. | Nov 11, 2019 | Residential Real Estate
Buying a home in Delaware or any other state can be a stressful event. This may be true whether someone is buying a home for the first time or has done so in the past. There are several variables that a person needs to consider prior to making such a purchase. For...
Sellers generally don’t tell ghost stories
On Behalf of Tunnell & Raysor, P.A. | Nov 1, 2019 | Residential Real Estate
A survey from Realtor.com found that 60% of those polled said that they didn't know that their homes were haunted before moving into them. However, Delaware residents and others may not even care if they are sharing their homes with ghosts. Furthermore, the survey...
How to sell a home during the winter months
On Behalf of Tunnell & Raysor, P.A. | Oct 15, 2019 | Residential Real Estate
Homes don't traditionally sell quickly during the winter months in Delaware and other states with cooler climates. However, this doesn't mean that a homeowner can't get top dollar for his or her property. A smaller number of houses on the market may make those that...
How to go about updating an older home
On Behalf of Tunnell & Raysor, P.A. | Oct 1, 2019 | Residential Real Estate
Homeowners in Delaware may not be able to sell their houses for top dollar without renovating them first. This is because younger buyers aren't likely going to want to spend money to do so themselves while also trying to pay down student loans and other debt. Those...
Why escrow accounts are helpful
On Behalf of Tunnell & Raysor, P.A. | Sep 17, 2019 | Residential Real Estate
Individuals who are seeking to buy a home in Delaware may need to put money in escrow before their transactions close. Putting money into escrow can provide incentive for both a buyer and seller to act in good faith until a home sale closes. A lender could also take a...
Fixer-uppers aren’t necessarily less expensive
On Behalf of Tunnell & Raysor, P.A. | Sep 4, 2019 | Residential Real Estate
According to a study from Porch.com, individuals who buy fixer-uppers will likely spend just as much on these houses as those who purchase a turnkey property. If a homeowner goes over budget when renovating a fixer-upper, that person could spend $25,000 more than...
Sellers should consider remodeling their homes before a sale
On Behalf of Tunnell & Raysor, P.A. | Aug 19, 2019 | Residential Real Estate
Those who are looking to sell their homes in Delaware or anywhere else may have questions about whether to upgrade their properties before doing so. Generally speaking, it may be a good idea to make an upgrade if it significantly increases the home's value. It is also...
Canceling a home purchase agreement
On Behalf of Tunnell & Raysor, P.A. | Aug 6, 2019 | Residential Real Estate
Typically, a person in Delaware can back out of a home purchase after an offer has been accepted. However, when and how someone can rescind an offer depends on how the contract was structured. It also hinges on whether all parties have signed the document. If it has,...
Considering a 15-year mortgage
On Behalf of Tunnell & Raysor, P.A. | Jul 24, 2019 | Residential Real Estate
Most homebuyers in Delaware take out a mortgage loan from a bank to complete their purchase. After all, very few people can buy a house in cash outright. The traditional mortgage period stretches over 30 years at a fixed interest rate. However, there are also options...