Listing Courtesy of CROWLEY ASSOCIATES REALTY INC.
Whether we see it as evidence of the advance of a wider green homes movement or simply of rising environmental consciousness, Dewey Beach green homes are becoming properties with a distinct marketable sales advantage. What were once viewed as altruistic gestures practiced by only the most dedicated preservationists are going mainstream—and at a rapid clip. The National Association of Realtors® recently found that 70% of those surveyed believe eco-friendly features add value to a home. In other words, the practical advantages of ‘going green’ are becoming more and more evident to prospective buyers.
For sure, one reason for the increasing popularity of green homes in Dewey Beach is a growing and sincere concern about sustainability.
But there’s also another reason: a growing and equally sincere desire to save cash!
There are in fact a number of practical reasons why green homes save their owners money—
· Tankless water heaters are one example of a technology that’s been around for a while, but which is now gathering popularity. The engineering is based on the fact that constantly storing and re-heating of a volume of water means wasting a lot of energy. Tankless units don’t store heated water; instead they pass it over coils that are only energized when hot water is needed. As a consequence, tankless water heaters can actually save their owners up to 50% on hot water costs!
· As global critics increase their cries for the conservation of fresh water, the idea that green homes can make a major difference is gaining traction. The EPA’s website lists multiple ways that green homes can save the precious resource, from WaterSense-labeled faucets and toilets to high-efficiency showerheads.
· Energy-efficient heating and cooling systems can make the most dynamic contribution to green homes. Regularly-maintained Energy Star appliances, combined with home management practices like heating and cooling only areas that are in use via programmable thermostats can make a welcome dent in the monthly bills.
Together with the ongoing wallet relief that green homes provide their owners every month, changing over to ecologically championed household appliances and practices is an increasingly practical exercise. When it comes time to sell your Dewey Beach home, too, being able to provide those penny-pinched utility bills can make all the difference to cost-conscious prospects. For more ideas on ways you can increase the value and sales appeal of your own property, I hope you won’t hesitate to give me a Call/Text me Russell Stucki at (302) 228-7871, email me at email@example.com, visit more listings at www.beachrealestate.com
Even though national foreclosure rates have continued to drop, the threat of becoming another Sussex County foreclosure statistic is still very real for some homeowners. It’s at least somewhat reassuring to understand that most banks don’t really want a foreclosure — so for homeowners who take an early proactive approach with their lender, losing their home does not have to be inevitable.
For anyone who has fallen behind on payments, Job One is to discuss the situation with your banker. If a mortgage restructuring is possible, you may have an opportunity to refinance at a lower rate with more manageable payment amounts. In some cases, it may be possible to alter other terms of your agreement — for example; you might arrange to postpone any delinquent payments to the end of the loan’s term. You have to ask.
Payment Deferral Options
If payment failure has been caused by losing a job, a medical condition one of the other more common causes, some banks will work out payment deferral options. If you have prepared documentation to back up your hardship claim, it is more likely that the lender will be able to offer an agreement to defer your payments while you get back on track.
If the financial situation is such that you know you can no longer sustain regular payments, it may be best to consider a short sale — the option where the bank agrees to accept sale to a third party for a sum that falls short of the loan’s balance. It means loss of the property, but results in a better credit history than does a Sussex County foreclosure.
A foreclosure in Sussex County becomes inevitable if the reality of a tough financial situation isn’t recognized and addressed. If you take positive steps once you realize you are going to miss a payment, you put yourself in the best position to open options that are less problematic than full foreclosure. If you find you could benefit from a strictly confidential price evaluation on your home, call me — sometimes a property can be worth more than you think!
Savvy shoppers and sellers; don’t sit on the sidelines, 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.