Delaware homeowners who are struggling to keep up with mortgage payments often have questions about foreclosure. Specifically, many homeowners wonder whether it is possible to sell a home once the process has begun. Typically, the homeowner retains the right to sell...
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Georgetown Real Estate Law, Personal Injury And Estate Planning Blog
Completing a residential property transaction online
On Behalf of Tunnell & Raysor, P.A. | Jun 30, 2017 | Mortgages
Online banking has made the days of writing dozens of checks each month to cover household expenses a distant memory for many Delaware residents, and they can now use the internet to buy or sell real estate. Several companies already allow consumers to submit mortgage...
What to do when rent is not paid
On Behalf of Tunnell & Raysor, P.A. | Jun 20, 2017 | Landlord/Tenant Matters
If a tenant in a Delaware residential property fails to pay rent, a landlord may have many options to either demand that it be paid or terminate the rental agreement. At any time after rent is due, a landlord may issue a written demand for payment. If the past due...
Millennials are struggling to afford down payments
On Behalf of Tunnell & Raysor, P.A. | Jun 2, 2017 | Residential Real Estate
Experts are reporting that the majority of millennials in Delaware and across the country don't have enough money to afford a new home down payment. The millennial generation, which remains one of the hardest hit by the financial recession, continues to struggle with...
Investing in commercial properties
On Behalf of Tunnell & Raysor, P.A. | May 18, 2017 | Residential Real Estate
Delaware residents who are thinking of investing in real estate may wonder about the choice between residential and commercial types. While buying residential properties has some benefits, it may be more beneficial to purchase commercial properties for several...
Reasons to have an inspection before buying a home
On Behalf of Tunnell & Raysor, P.A. | May 5, 2017 | Residential Real Estate
Delaware residents who are looking to buy a home are encouraged to inspect it before the sale closes. This is because the home that a person sees during an open house or showing is one that is in pristine condition. In most cases, the seller will have an inspection...
Home buyers seeking out energy-efficient homes
On Behalf of Tunnell & Raysor, P.A. | Apr 19, 2017 | Residential Real Estate
Home buyers in Delaware and around the country are becoming increasingly concerned about their carbon footprints and are seeking out houses that boast green technology or high levels of insulation according to an industry report. More than half of the real estate...
Sellers’ market arrives in residential real estate
On Behalf of Tunnell & Raysor, P.A. | Apr 7, 2017 | Residential Real Estate
A seller's market seems to have returned for the residential real estate sector with sellers in Delaware and elsewhere seeing multiple offers and fast turnover on listings. A 5.5 percent increase in sales were seen across the country for the month of February, and a...
A housing shortage is driving up prices
On Behalf of Tunnell & Raysor, P.A. | Mar 23, 2017 | Residential Real Estate
A shortage of houses in Delaware and across the country is being cited by industry experts as the reason for rising prices and a sharp fall in home resales in February. The National Association of Realtors revealed on March 22 that sales of existing homes fell by 3.7...
Construction of Delaware racetrack halted by Supreme Court
On Behalf of Tunnell & Raysor, P.A. | Mar 9, 2017 | Land Use And Zoning
Delaware residents may have heard about a recent Supreme Court ruling that halted the development of a proposed motor speedway track in Felton. The Feb. 23 decision upheld a previous Superior Court ruling made in August 2016 that the land, presently the location of a...
