Scoping Coastal Delaware Short Sale vs. Foreclosure Outcomes
Posted by Bill Mann on
For bargain-hunters looking over 2013’s first listings of foreclosed homes for sale in Coastal Delaware, the opportunities speak for themselves. Throughout the year, the size of that selection varies: the official total of Lewes & Rehoboth foreclosed homes for sale for all of 2012 won’t be finalized until later in the month. But no matter how large that increase or decrease turns out to be, in addition to representing a unique opportunity to potential buyers, each one also posed a substantial decision for the departing homeowner.
The question each faced was whether to attempt to short sell or to allow their property to be foreclosed upon. Choosing the most positive outcome means shedding the negative repercussions as rapidly as possible – clearing the…
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Some natural disasters can be forecast -- hurricanes, snow storms and, in some cases, flooding. Other disasters occur unexpectedly, such as tornadoes and earthquakes.
The residential market has made good progress this year – and a strong majority of pundits expect more of the same for 2013. I deal with the home-buying public all the time, and so get an inside look and listen to what features and qualities wind up having the greatest impact on their buying decisions. Another way is to survey home listings across the nation to track buying trends: the features highlighted in home listings are just about the most…
Mortgage bonds improved last week, pushing mortgage rates lower in Delaware and nationwide. Positive economic news and strong housing data was trumped by ongoing Fiscal Cliff discussions on Capitol Hill.
This one was all over the web even before passage of the federal health care act. It has staying power, and comes in several forms. The one that circulates most often is an email message warning that a 3.8% Medicare surtax that is going to hit “average, middle-class investors” on January 1. Supposedly ALL real estate transactions are subject to the tax “no matter how low their income might be…”
If you enjoy both history and fixing things, then you may have trouble driving by historic homes for sale in Lewes without feeling the urge to buy and fix one up.
The U.S. housing market continues to make home price gains.
“High rental occupancy and rising rents” was how economic trend-watcher Kiplinger.com summed up 2012 – and as the nation counts down to the New Year, owners and future owners of Rehoboth Beach rental property are clearly anticipating more of the same. Experienced managers have some timely advice for first-time Coastal Delaware rental property owners as they prepare to lease in the coming year.
A simple way to save money is to improve your home's energy efficiency rating. For example, Lewes homeowners can save up to 9 percent per year on water heating costs simply by installing a water heater jacket.