buying a delaware home: Help For First Time Home Buyers In Wilmington Delaware
- 11/15/23 09:34 AM
First Start Home Buyer Program is part of neighborhood revitalization initiatives Wilmington is providing help residents with a down payment on a property.
Wilmington Mayor Mike Purzycki stated in a news release earlier in November that residents who meet the income requirements can receive up to $15,000 to assist in the purchase of a home.
The New Homebuyer Assistance Program was accepted earlier this year as a part of the 2024 budget.
First Start Homebuyer Program
The program is designed to help first-time homebuyers, those who haven't owned a property in the previous three years, as well as displaced homemakers and single parents, with closing … (0 comments)
|
buying a delaware home: Understanding the Life-Enriching Benefits of Buying a Home
- 10/16/23 02:54 AM
Purchasing and being the owner of a home can significantly alter your life. Although there are financial benefits to owning a home, it's important to consider the non-financial advantages that elevate a house above merely a place to live.
These are a few of the best non-monetary justifications for home ownership.
94% of survey participants cite "Having Control Over What You Do with Your Living Space" as their top motivation for owning, according to Fannie Mae.
In a true sense, your house is your own. Unless there are particular requirements set forth by your homeowner association, you are free to decorate and alter your … (4 comments)
|
buying a delaware home: How Retirees are Relocating to Reconnect with Their Grandkids
- 10/16/23 02:49 AM
For health reasons, many people kept their distance from loved ones during the pandemic. It was advised that grandparents avoid their grandchildren, particularly when school started. This is because seeing their grandchildren, who might have become ill at school, would have been dangerous.
Many grandparents are eager to spend more time with their grandchildren now that the pandemic has passed in order to make up for lost time. However, how are they fulfilling their "Grandparent Wish"? According to the data, a lot of people are relocating to ensure they have more quality time.
Grandparents Are Moving To Be Near Loved Ones
People between the … (2 comments)
|
buying a delaware home: Unpacking the Long-Term Benefits of Homeownership
- 10/16/23 02:46 AM
If you're considering purchasing a home in Delaware soon, you may be wondering if it makes sense to do so at this time due to rising mortgage rates, rising home prices, and persistent affordability concerns. Though those market factors are significant, there are other factors to take into account. It's important to consider the long-term advantages of homeownership as well.
Consider this: you're probably not going to find many people who regret their home-buying decision if you know people who did so five, ten, or even thirty years ago. For what reason is that the case? The explanation has to do with … (0 comments)
|
buying a delaware home: From Keys in Hand to Happy Homeowner: 7 Essential Steps to Get Settled
- 09/03/23 09:47 AM
Congratulations on choosing to purchase a new home, which is a big decision! But now that the excitement of buying is over, it's time to concentrate on what comes next. To protect and secure the new property, a number of things must be organized and taken into account. In order to ensure a smooth transition into a new home and prevent any unpleasant surprises in the future, this blog will walk you through the crucial steps that every new homeowner should take.
Change or Rekey the Locks
It is advised to avoid using the previous owner's locks and to change all the locks … (1 comments)
|
buying a delaware home: From Dreaming to Owning: How to Master the Homebuying Journey
- 07/03/23 01:10 PM
Buying a home in Delaware can be a big decision, especially in today's expensive housing market. It's important to be smart about it. The interest rates on your mortgage loan can affect how much money you have to pay back. To save money, some people are rethinking what features they really need in a home.
Creating Your Wish ListIf you're looking to buy a home, take some time to figure out what you really need. Make a list of all the features you want, and then organize them into different categories. Here's a helpful way to do it:
Must-HavesThese are the features that … (2 comments)
|
buying a delaware home: The Unseen Advantages Home Ownership's Long-Term Impact on Your Wealth
- 07/03/23 12:53 PM
Should I still purchase a home this year given the higher mortgage rates, inflationary pressures, and worries about a potential recession? Although there are particular difficulties for homebuyers this year, it's crucial to consider the advantages of homeownership in the long run when making your choice.
Think about it: it's probably difficult to find someone who regrets buying a home if you know people who did so five, ten, or even thirty years ago. How come? The cause is connected to how property values increase over time and, consequently, how your own wealth increases. This could be the reason why, according to … (1 comments)
|
buying a delaware home: Your Roadmap to Becoming the Best Delaware Home Buyer
- 06/19/23 02:12 AM
Welcome to the Summer Buying Season (and National Home Ownership Month)Hey there! It's summertime, and that means more people are selling their houses. This is great news for you because it means there are more houses to choose from! But it also means there are more people looking to buy, so you need to be a powerful buyer to get the house you want.
Get Pre-Approved and Know Your BudgetBefore you start looking for a house, you need to know how much money you can spend. Talk to a local lender to get pre-approved for a loan. This will show sellers that … (1 comments)
|
buying a delaware home: Breaking Down the Barriers to Affordable Homeownership in Delaware
- 05/09/23 03:28 AM
Wow, have you noticed how the real estate market has transformed over the past few years? It's a whole new ball game out there! As a result, if you're looking to buy a home, it's essential to adapt your approach to match the current market conditions. Don't miss out on the opportunity to make the most of this exciting time in the real estate industry!
And that change in approach to buying your Delaware home might include breaking some rules…
A recent article from realtor.com outlined some of the common mortgage “rules” that buyers may want to consider breaking in today’s market, including:
… (1 comments)
|
buying a delaware home: Thinking About Getting an Energy Efficient Home?
- 04/21/23 09:10 AM
In today's world where global warming is becoming a huge concern, it is of utmost importance to preserve energy as much as possible. Buying an energy-efficient house is a smart choice that not only reduces your carbon footprint but also saves you money in the long run. These houses consume less energy for heating, cooling, and electricity due to a range of energy-saving features such as insulation, solar panels, and energy-efficient appliances. This means you can minimize your energy bills and conserve water while still enjoying a comfortable and stylish living space.
Energy-efficient homes also have a higher resale value than conventional … (1 comments)
|
buying a delaware home: Waiting for cheaper house prices?
- 04/18/23 03:55 AM
That is a risk that must be weighed carefully.With the ever-changing housing market, it's natural to wonder what the future holds. One crucial factor that comes to mind is home prices, which have slightly decreased since their peak in June of last year. You may have also heard rumors of an impending price crash through various news outlets or social media platforms. As a result, you may be hesitant to invest in a home until prices drop significantly. However, this approach may not be the most effective strategy.
It's essential to understand that the housing market is cyclical, and prices will fluctuate … (4 comments)
|
buying a delaware home: If You Are Considering Investing in Real Estate, Act Now!
- 04/02/23 11:54 AM
The current state of the economy is causing widespread concern and uncertainty. As someone who is personally affected by these challenges, I can empathize with those who are feeling the same way. Recently, I had a conversation with a banker who has noticed that many of their customers are withdrawing funds due to the latest banking scandal. Unfortunately, this is a common reaction when issues arise in the banking industry - people tend to panic and withdraw their money.
Despite the challenges we are facing, it is important to remain optimistic and proactive. By staying informed and making smart financial decisions, you … (2 comments)
|
buying a delaware home: Final Walk-Through Checklist: Get It Right the First Time
- 03/28/23 01:26 PM
As you near the end of the home buying process, it is essential to conduct a final walk-through of your soon-to-be new home. This critical step ensures that the property is in the condition you agreed upon with the seller. During the walk-through, you will inspect the property for any damages or issues that may have arisen since your last visit. Taking your time during this process and thoroughly examining every aspect of the property is crucial. Doing so can help you avoid any surprises or unexpected expenses after closing.
To prepare for the final walk-through, it is recommended that you schedule … (5 comments)
|
buying a delaware home: What Home Buyers and Sellers Need to Know About This Spring Market
- 03/22/23 02:24 AM
As we move into the spring season, it is important for both buyers and sellers to stay informed about the current state of the market. By working with a knowledgeable and experienced real estate agent, you can navigate the complexities of the market and make informed decisions that will benefit you in the long run.
It's important to note that the spring market is a crucial time for both buyers and sellers. As the weather warms up, more people become interested in buying and selling homes. This increased demand can lead to higher prices and more competition for desirable properties.
If you're planning … (1 comments)
|
buying a delaware home: Buying a Home May Make More Sense Than Renting
- 03/10/23 06:43 AM
… (1 comments)
|
buying a delaware home: Home Buyers Just Got a Government Coupon to Help With FHA Purchases
- 02/28/23 04:54 PM
No matter how beneficial purchasing a home may be for your long-term financial security, the cost of buying your first house can often seem exorbitant and unattainable. This leads many younger individuals to delay purchasing a home until later in life than they would have if the costs were more manageable.
Despite the common misconception that young people are unable to purchase homes, nearly 40% of individuals under the age of 35 are homeowners. This demonstrates that it is far from impossible or unaffordable for younger generations to become homeowners.
Homeownership Stats by Age No matter how beneficial purchasing a home may … (3 comments)
|
buying a delaware home: Home Purchasing: Maximizing Your Value - Know What Not To Do!
- 02/08/23 07:09 AM
Purchasing a home is a major commitment, and for some new homeowners, this decision has resulted in a sense of regret, otherwise known as "buyer's remorse". But what is the cause of this remorse?
Navigating a highly competitive market, many buyers felt the pressure to make a purchase as quickly as possible, without fully considering how the purchase would fit into their current lifestyle or future plans. This often resulted in buyers regretting the layout of the home not being suitable for their family, or the cost of renovations eating into their budget.
Many recent homeowners drastically underestimated the amount of work their … (1 comments)
|
buying a delaware home: Great Tips for Those Transitioning From One Home to the Next
- 01/17/23 08:12 AM
With the 2023 spring market upon us, how do you move from your current house to a new home? Or, in other words, if you want to successfully buy and/or sell a home in 2023, what do you need to know?
Find an agent - Connecting with a real estate agent can be a major advantage when it comes to buying or selling a home. Doing your research and finding an experienced agent in your area can help you gain a better understanding of the market and create a plan to successfully sell your home or find the property of your dreams. … (4 comments)
|
buying a delaware home: New Year Makes It a Great Time to Buy a House
- 01/17/23 08:10 AM
Now is an excellent opportunity to purchase a home. With interest rates dropping from the summer highs and sellers more willing to negotiate on concessions, it's the perfect time to take advantage of the market and invest in a property. Not only can you save money on your mortgage payments, but you can also benefit from the potential for increased equity in the future. Plus, owning a home can provide a sense of stability and security that renting can't. So, if you're looking for a long-term investment, now is the ideal time to buy a house.
People flocked to purchase a house … (1 comments)
|
buying a delaware home: Want Your Home to Retain Its Value? Be on the Lookout for These Things
- 11/16/22 07:17 AM
When you buy a home, you want it to retain (and, ideally, grow) its value over time.
But how, exactly, do you determine if a home you’re considering purchasing will deliver a return on investment (ROI)—or lose its value in the coming years?
A recent article from realtor.com outlined elements that typically help homes retain their value in the long-term, including:
Classic home design. Homes with a classic, niche design style—like a Colonial, Victorian, or American Craftsman—are timeless. Thanks to their unique design, quality, and high-end craftsmanship, these types of homes are more likely to retain their value over time (particularly when compared to more “cookie … (2 comments)
|
|
|
|
First Start Home Buyer Program is part of neighborhood revitalization initiatives Wilmington is providing help residents with a down payment on a property.
;)
;)
;)
