A new dimension to the classic real estate transaction and funding will soon be available courtesy of SEC rule changes. Delaware residents who have traditionally found participation in commercial real estate investments out of their reach are being given the chance to...
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Georgetown Real Estate Law, Personal Injury And Estate Planning Blog
Delaware seniors and reverse mortgages
On Behalf of Tunnell & Raysor, P.A. | Jun 11, 2015 | Mortgages
Reverse mortgages offer a number of potential benefits for homeowners. Some wealth managers claim that by allowing senior citizens to generate supplementary income, these loans may be able to supplant traditional investment alternatives, like home equity lines of...
Home mortgage rates falling
On Behalf of Tunnell & Raysor, P.A. | May 29, 2015 | Mortgages
People in Delaware who are in the market for a new home may be happy to learn that mortgage rates have been going down nationwide. After average long-term mortgage rates rose for three weeks in a row, they went down at the end of May. On May 21, Freddie Mac reported...
Avoiding last-minute mortgage problems in Delaware
On Behalf of Tunnell & Raysor, P.A. | May 13, 2015 | Mortgages
There are several things that can happen that may lead to problems with a mortgage at the last minute when a person is trying to purchase real estate. It is important that people who are interested in engaging in a real estate transaction understand the issues that...
Obtaining a more favorable mortgage
On Behalf of Tunnell & Raysor, P.A. | May 1, 2015 | Mortgages
Delaware residents might be interested in learning more about different strategies homeowners have successfully employed to obtain a more favorable deal on their mortgage. Acquiring a mortgage to purchase or refinance a home is typically the biggest financial decision...
The legal options for relief from zoning laws
On Behalf of Tunnell & Raysor, P.A. | Apr 16, 2015 | Land Use And Zoning
Delaware residents who are interested in land use issues may wish to know their options when it comes to fighting against zoning laws. These options usually involve either asking for an exception to the laws or fighting against the particular application of the laws...
Potential foreclosure defenses
On Behalf of Tunnell & Raysor, P.A. | Apr 2, 2015 | Real Estate Transactions
Delaware residents may be surprised to find out that some homeowners who have been foreclosed upon may be getting their homes for free. In recent years, the large number of foreclosures that must be approved by state judges has created a backlog in many court systems....
Real estate law and tenant evictions in Delaware
On Behalf of Tunnell & Raysor, P.A. | Mar 18, 2015 | Landlord/Tenant Matters
Both tenants and landlords need to understand how the eviction process works and under what circumstances a tenant may be evicted. Many tenants commonly believe that landlords can simply throw them out, but that is not the case. Instead, landlords must go through the...
Property sellers’ required disclosures to buyers
On Behalf of Tunnell & Raysor, P.A. | Mar 4, 2015 | Real Estate Transactions
Anyone in Delaware who is planning on selling a piece of real estate could be interested in what disclosures they would be required to make by law. The general rule is that a seller is obligated to disclose to a buyer any possible problems that could have a bearing on...
Importance of title insurance in real estate transactions
On Behalf of Tunnell & Raysor, P.A. | Feb 18, 2015 | Residential Real Estate
Many people in Delaware who are preparing to purchase a home may wonder why they need to bother with purchasing title insurance. People may especially think this small purchase is unnecessary when they are buying a home that has been owned by a single owner for many...
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