On Behalf of Tunnell & Raysor, P.A. | Oct 5, 2016 | Mortgages
Near the end of September 2016, the Urban Institute revealed that improving bank conditions could also lead to changes in the housing market. Following the 2008 financial crisis, numerous banks stopped originating mortgage loans because of increased regulatory...
On Behalf of Tunnell & Raysor, P.A. | Sep 22, 2016 | Mortgages
Delaware residents who are interested in selling or buying homes might be interested in the recent decline in the number of mortgage applications. The decline came as interest rates for home loans increased.According to CNBC, the volume of mortgage applications during...
On Behalf of Tunnell & Raysor, P.A. | Sep 9, 2016 | Landlord/Tenant Matters
Many Delaware residents rent a home or an apartment, but interactions with landlords don't always go according to plan. State law provides various mechanisms that renters can use to seek remedies or terminate their leases when their landlords fall short of their...
On Behalf of Tunnell & Raysor, P.A. | Aug 25, 2016 | Real Estate Transactions
If you are preparing to engage in a real estate transaction in Delaware, you will likely find that the process is extremely complicated, regardless of whether it involves a large commercial transaction, a residential property held for investment purposes or a property...
On Behalf of Tunnell & Raysor, P.A. | Aug 11, 2016 | Residential Real Estate
In the past, almost every person who sold a home in Delaware used a real estate agent to do it. Sellers understood why the expertise of a real estate agent was important, and real estate agents could charge a standard commission fee without any haggling. Today, real...
On Behalf of Tunnell & Raysor, P.A. | Jul 29, 2016 | Residential Real Estate
Delaware homeowners interested in selling their houses could benefit from the 2016 housing market rebound. Sales of single-family homes in the United States are at their highest point since the 2008 housing bubble burst. The Commerce Department explained that sales...
On Behalf of Tunnell & Raysor, P.A. | Jul 13, 2016 | Mortgages
Most Delaware residents who take out a loan to buy a home or other piece of real estate will refer to the financial arrangement as a mortgage, but that term really applies to the interest that the lender has in the property rather than the loan itself. The mortgage...
On Behalf of Tunnell & Raysor, P.A. | Jun 30, 2016 | Residential Real Estate
Delaware residents who are building a retirement portfolio might view commercial real estate as an overly complex investment. Purchasing a property, developing it and renting it to tenants can take a lot of time, not to mention capital. All of the responsibilities...
On Behalf of Tunnell & Raysor, P.A. | Jun 16, 2016 | Residential Real Estate
Some Delaware residential real estate investors may have attended the National Association of Real Estate Editors' 50th annual conference. Professionals from the real estate industry got together to talk about some of the trends that are having an effect on real...
On Behalf of Tunnell & Raysor, P.A. | Jun 2, 2016 | Residential Real Estate
The purchase of a home is often the largest financial transaction entered into by Delaware residents. Since the agreement to make regular mortgage payments regardless of future changes is binding, it makes sense to study the process by paying close attention to the...
