Some Delaware homeowners may be looking to maximize their opportunities to sell their homes quickly. When people first try to sell a house, they may be surprised by how long the process can take. For many sellers, it can take weeks or even months, as carrying costs...
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Residential Real Estate
How to maximize the value of a bonus room
On Behalf of Tunnell & Raysor, P.A. | Feb 5, 2019 | Residential Real Estate
Those who are looking to sell a home in Delaware should highlight any finished basement or bonus rooms that a property has. This is because that extra living space could appeal to buyers and increase the property's value. However, sellers will need to properly...
Student loan debt may be making it harder to buy homes
On Behalf of Tunnell & Raysor, P.A. | Jan 23, 2019 | Residential Real Estate
Individuals between the ages of 24 and 32 owe roughly $1.5 trillion in student loan debt. This is one of the reasons why young people in Delaware and throughout the country are not buying homes, according to a Federal Reserve study. However, home ownership has been...
How to prepare to buy a home
On Behalf of Tunnell & Raysor, P.A. | Jan 10, 2019 | Residential Real Estate
House hunters in Delaware may benefit from adequate preparation before starting their searches. Doing so may ensure that they find a home that fits their needs as well as a loan that fits their budget. The first step in the process should be to do a credit review, and...
How the housing market could look in 2019
On Behalf of Tunnell & Raysor, P.A. | Dec 26, 2018 | Residential Real Estate
The housing market in Delaware and throughout the country is forecast to look different in 2019 compared to 2018. In 2019, the number of available homes is expected to increase while the number of buyers is expected to decrease. Mortgage rates are predicted to rise...
Why winter may be good for home sales this year
On Behalf of Tunnell & Raysor, P.A. | Dec 10, 2018 | Residential Real Estate
In most years, homes in Delaware tend to move slowly during the month of December. However, in 2018, that may not necessarily be the case. This is because many buyers are wary that interest rates are going to continue climbing throughout 2019. Currently, interest...
Negotiating the terms of a home purchase
On Behalf of Tunnell & Raysor, P.A. | Nov 28, 2018 | Residential Real Estate
There are many different items that can be negotiated when buying a home in Delaware or any other state. For instance, it may be possible for a buyer to ask a seller to contribute to the closing costs. Generally speaking, closing costs equal up to 5 percent of the...
Housing market likely to calm down for buyers
On Behalf of Tunnell & Raysor, P.A. | Nov 14, 2018 | Residential Real Estate
Increasing home prices have allowed current homeowners in Delaware and throughout the country to accumulate new wealth. However, for those who were looking to buy their first homes, the rapid appreciation was pricing them out of the market. Recently, increasing...
How to coordinate a sale and purchase at the same time
On Behalf of Tunnell & Raysor, P.A. | Oct 29, 2018 | Residential Real Estate
For many Delaware homebuyers, it's necessary to buy and sell a property at the same time. While this needs to be planned in advance, it can be done in a relatively smooth manner. It's generally easier to sell first before buying a new home. In such a scenario, it may...
Millennials bringing technology to real estate purchases
On Behalf of Tunnell & Raysor, P.A. | Oct 4, 2018 | Residential Real Estate
Millennial homebuyers in Delaware and other parts of the country are changing the way real estate purchases and transactions take place. It wasn't long ago that no self-respecting homebuyer would make a decision about a home without physically visiting the property....