On Behalf of Tunnell & Raysor, P.A. | Feb 7, 2018 | Mortgages
Delaware homeowners may soon be paying more on long-term mortgage rates. Interest rates are rising because the Federal Reserve is taking action to keep inflation at a reasonable level. It is expected that the Fed will raise rates at its March meeting. The national...
On Behalf of Tunnell & Raysor, P.A. | Jan 22, 2018 | Residential Real Estate
While buying a home may be an admirable goal, Delaware residents will need to prepare ahead of time to achieve it. For instance, it may be necessary for individuals to look at their budgets to determine how much home they can afford. They should look to see how much...
On Behalf of Tunnell & Raysor, P.A. | Jan 8, 2018 | Residential Real Estate
Older Delaware residents may be interested in using a HECM reverse mortgage to purchase a house. The reverse mortgage itself will cover up to 60 percent of the purchase price, and buyers tend to liquidate assets to cover the remaining balance. There is a 2 percent...
On Behalf of Tunnell & Raysor, P.A. | Dec 28, 2017 | Residential Real Estate
Delaware residents may understand that moving can be quite stressful. The stress level may be amplified when the move is related to a divorce. In many cases, selling a home after the end of a marriage is like selling a house for any other reason. It is important that...
On Behalf of Tunnell & Raysor, P.A. | Dec 13, 2017 | Residential Real Estate
The holiday season isn't usually the best time for a home to be on the market because of all the celebrations that take place and the number of people who enter and exit the home. With a few tips and the assistance of a real estate agent and attorney who can help...
On Behalf of Tunnell & Raysor, P.A. | Dec 4, 2017 | Residential Real Estate
Many individuals and couples living in Delaware interested in purchasing a new home. It isn't unusual, however, for prospective homebuyers to begin the process only for things to go awry when it comes to securing financing and closing the deal.Many of the mistakes...
On Behalf of Tunnell & Raysor, P.A. | Nov 15, 2017 | Residential Real Estate
Delaware residents who buy a house with a spouse may have legal protections. However, those who buy a home with someone they are not married to may not have many options if something goes wrong. According to a 2013 study from Coldwell Banker, roughly 25 percent of...
On Behalf of Tunnell & Raysor, P.A. | Oct 31, 2017 | Residential Real Estate
Selling a home in Delaware during the time of year when most people are preparing for the holidays can be challenging. Sellers who are willing to be creative might find it's a lot easier to find a buyer than they originally thought. Halloween through New Year's could...
On Behalf of Tunnell & Raysor, P.A. | Oct 20, 2017 | Residential Real Estate
Prospective homebuyers in Delaware may be interested to know that they are still able to find the home that they want even if they do not find one from May to September, which is believed to be the best time of year to purchase a home. The season of fall also offers...
On Behalf of Tunnell & Raysor, P.A. | Oct 4, 2017 | Residential Real Estate
Families shopping for homes in Delaware earlier in the year probably needed to make high offers to buy a property. Economists at CoreLogic and Capital Economics agreed that the low inventory of homes for sale has driven prices higher. Although mortgage interest rates...
