CHARMING NEW BEACH COTTAGE W/ 1700 SF OF LIVING, 3 BR & 2 1/2 BATH END UNIT, WALK IN LAUNDRY ROOM, STORAGE, SPACIOUS SCREEN PORCH LOCATED IN THE LOVELY COMMUNITY OF BAYVILLE SHORES! POOL, FITNESS CENTER & A BOAT RAMP FOR BAY ACCESS! ONLY 2.5 MILES TO DE/MD BEACHES!DRIFTWOOD WITH SUNROOM!
Listing Courtesy of RE/MAX REALTY GROUP REHOBOTH
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Moving to Selbyville (or moving to anywhere) is adventure enough without including one of the moving company scams that are all too common. It seems hard to believe that unscrupulous carriers can continue to operate, but the fact is, there are a lot of them out there. If you will be moving to Selbyville anytime soon, you don’t have to worry about any of the rip-off artists if you follow some straightforward guidelines:
Moving scams can cost a lot of money—not to mention the stress that results when unscrupulous operators have all your stuff! If you’re planning on moving to Selbyville soon, please consider me your local guide to our area. I’m here to offer professional real estate representation—as well as a ton of information about all things Selbyville!
A Sussex County short sale is a transaction in which the amount paid is not sufficient to cover the existing mortgage or property liens. Once the lender agrees to accept the lesser amount, the short sale succeeds, the lender calls it even with the seller, and all parties can move forward.
It’s a good thing to ‘unfreeze’ a property, yet short sales in Delaware can be tricky to close. In the worst-case scenario, a buyer and would-be short seller can be put on ice for a full year or more before the short sale succeeds. As is evident to anyone who has been through the process, a Sussex County real estate agent with short sale experience is essential for leading the way through the negotiations and closing.
In addition to working with a knowledgeable agent, it’s good to also approach a situation which might turn into a short sale by understanding the general precepts that influence those who will make the decisions. Usually, the mortgage-holding bank publishes how they wish to be contacted. Often, it’s through the “Loss Mitigation” Department (or a title to that effect). That language tells you all you have to know to explain why their attitude may be less than enthusiastic.
Like any commercial business, the bank’s decision-makers seek to minimize the time and man-hours needed to gain the best result. If you come to them with what is an obviously unreasonable offer, they are no more likely to react positively than any other seller. For this reason, researching the market value of nearby properties--enough so that it’s easy to show that your offer is based on a reasonable discount from those prices—is the best way to be taken seriously.
Although you shouldn’t be surprised if even a reasonable offer is turned down at first, don’t be afraid to counter with a second offer.
Depending on the circumstances, I sometimes advise my clients to decide on a viable time frame in which to either close the deal or move on. Not only will this prevent your wasting time, but it can motivate a loan officer to truncate what might otherwise become long-winded negotiations.
Short sales in Sussex County are still to be found for motivated and patient buyers. If you are looking to buy a home in the coming year, now is the right time to call me to start your search! Call/text 302-228-7871 or email me, Russell Stucki, REALTOR ® of Beach Real Estate Market to provide detailed information on Delaware homes for sale, investment and commercial properties, luxury and waterfront homes, condos/townhomes, new construction, lots and land, farms and equestrian properties located in but not limited to Bethany, Bethel, Bridgeville, Dagsboro, Delmar, Ellendale, Fenwick Island, Frankford, Georgetown, Greenwood, Harbeson, Laurel, Lewes, Lincoln, Milford, Millsboro, Millville, Milton, Ocean View, Rehoboth Beach, Seaford, Selbyville, Delaware.