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...
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Georgetown Real Estate Law, Personal Injury And Estate Planning Blog
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...
Real estate buyers sometimes turn to hard money lenders
On Behalf of Tunnell & Raysor, P.A. | Feb 21, 2017 | Residential Real Estate
Homebuyers in Delaware and around the country generally seek financing from traditional lenders and choose between conforming, nonconforming, FHA and VA loans, but there are situations where unconventional sources of money may be useful. Those who take out a...
Preventing easement disputes with contracts
On Behalf of Tunnell & Raysor, P.A. | Feb 9, 2017 | Land Use And Zoning
Delaware property owners are sometimes asked to grant easements on their properties to others, including neighbors, utilities companies or municipalities. Easements are needed when other people need to use your property, and they may lead to disputes over property...
Home-selling missteps to avoid
On Behalf of Tunnell & Raysor, P.A. | Jan 25, 2017 | Residential Real Estate
Every homeowner who wants to sell his or her home wants to get the best price for it. Those in Delaware who are considering putting their homes up for sale in 2017 should avoid certain actions that can reduce their chances of selling their property.While upgrading a...
Tips for finding a quality home loan
On Behalf of Tunnell & Raysor, P.A. | Jan 10, 2017 | Residential Real Estate
When looking for a mortgage, Delaware residents may benefit from shopping around for the best price. This is true whether an individual is looking for a new home loan, to refinance a current mortgage or for a home equity loan. Shopping around is beneficial because...
Residential real estate closes out 2016 fitfully
On Behalf of Tunnell & Raysor, P.A. | Dec 29, 2016 | Residential Real Estate
During the tail end of 2016, the U.S. residential real estate market exhibited some significant ups and downs. Investors and developers in Delaware may be interested in knowing that even though some of these fluctuations were expected as par for the course, others...
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