324 Sandpiper, Bethany Beach, De 19930 | $1,200,000

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Property Details

This beautiful newly constructed home offers the highest quality materials for a coastal style beach home and has 5 bedrooms, 3.5 baths, two family rooms, study, large open great room and kitchen area for entertaining, top floor teen room and much mo
  • MLS Number: 721420
  • Status: Active
  • Price: $1,200,000
  • Property Type:
  • Area: Fenwick/Bethany East Of Canal
  • Community: Canal, The
  • School District: Indian River
  • Square Footage: 3,000
  • Year Built: 2017
  • Bedrooms: 5
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Number of Stories: 3
  • New Construction: Yes
  • County Taxes: $1,300
  • City Taxes: $1,000
  • Association Fee: $25
  • Water Fee: $250
  • Sewer Fee: $250
  • Furnished: No
  • Lot Dimensions: 60x120
  • Lot Square Feet: 7,405
  • Lot Size Acres: 0.17
  • Lot Description: Cleared
  • Water: Public Central Water
  • Sewer: Public Central Sewer

Interior Features

  • Kitchen: Breakfast Bar
  • Heating: Gas - Propane, Heat Pump(s)
  • Cooling: Central A/C
  • Flooring: Carpet
  • Basement: Crawl Space
  • Attic: Access Only
  • Appliances: Dishwasher, Disposal, Dryer-Electric, Exhaust Fan, Fridge w/Ice Maker, Microwave, Oven/Range Gas, Washer
  • Interior Features: Cable TV Prewired, Ceiling Fan(s), Screen(s), Vaulted Ceilings

Exterior Features

  • Style: Contemporary
  • Construction Type: Stick/Frame
  • Exterior Type: Composition
  • Roofing: Architectural Shingle
  • Foundation: Pilings
  • Garage: Attached
  • Garage Size: 2
  • Parking: Driveway/Off Street, Garage

Listing Courtesy of ReMax Coastal

Bethany Beach Homeowners Heads-up: El Niño is Happening!

With fall newly arrived, it’s a time of year when Bethany Beach homeowners can breathe a sigh of relief; relax and take it easy. With summer behind us, most gardens require less attention. The demands harsh winter weather will make are off in the distant future— or are they?

This year it might be prudent for Bethany Beach homeowners to mentally remove a month or two from their home maintenance timetables. The reason comes in two familiar words (and they aren’t English): El Niño.

According to the government’s NOAA climate forecasters, there is “an approximately 95% chance that El Niño will continue through Northern Hemisphere winter 2015-2016…” Since that is definitely our area’s hemisphere, they’re speaking to us.  They answer the question, “How strong is this El Niño now?” with, “it’s pretty strong.”  In August, it ranked second all-time (behind August 1997) in the Equatorial Southern Oscillation Index, which is one way of measuring its power. El Niño is the condition where weather shifts occur due to a change in warm ocean currents in the Pacific.

What this means to Bethany Beach homeowners is as unpredictable as…well, as the weather! What is acknowledged is that normal patterns can be disrupted to varying degrees. The reason we can never get much clarity about how it’s going to affect us is that (unsatisfying though this answer may be), winter could be markedly more—or markedly less—stormy than usual. Since the maximum effect is expected in late fall through December (hence the Christmas allusion of the ‘El Niño’ name), Bethany Beach homeowners might consider getting on with their winter maintenance preparations earlier rather than later.

So here—a bit earlier than usual—are some regular fall maintenance heads-ups:

  • Check and fill the exterior gaps where critters, bugs, and cold air might enter
  • Chimney maintenance: if you sweep once a year, schedule now
  • Rain gutter check: even though leaves haven’t begun to fall in earnest, cleaning out the mucky old debris now will make later leaf removal a breeze
  • Inspect the roof: if damage has happened, now is the time to schedule repair
  • Ditto the driveway: fill cracks before winter
  • Now is the perfect time to clean and stain the deck. Depending on how much sunlight it gets, it may need to be renewed annually (no matter what the stain can says!)
  • Replace worn weather stripping around doors and windows—your winter heating bills will reward the effort.

As a check of comments on the weather sites confirms, local homeowners have differing memories of how previous El Niños have affected them. But since we are now officially in an El Niño year—it can’t be a bad idea to prepare ahead of time (and if you have Bethany Beach real estate plans in the offing, now would also be a good time to give me a call)! Call/Text me Russell Stucki at (302) 228-7871, email me at russellstucki@remax.net, visit more listings at www.beachrealestatemarket.com

Sussex County Seller Financing: a Powerful Inducement

The recent Mortgage Credit Availability Index shows a slight relaxation in lending standards — but as most Delaware home buyers and sellers will agree, getting a mortgage is still difficult. With mortgage availability benchmarked at 100, although it’s currently at  111 ½, compared with the 800 it stood at in 2007, today’s is still a tough environment.

That’s why Delaware seller financing is being considered by more homeowners. When a home is owned outright, seller financing can draw a higher selling price (with future interest payments as a bonus). But before making such an offer, Delaware homeowners need to consider all of the ramifications: there is more involved than just the assumption of added risk.

Of course, ordering and examining a buyer’s credit report is the starting point. If the story it tells needs too many explanations, it’s time to walk away. Foreclosing on a seller-financed home can be more difficult than through a traditional foreclosure —particularly if the financing documents are substandard.

At first blush, seller financing might seem to simplify the whole transaction, but in fact some details usually handled by a bank must be hammered out:

  • Who will pay for the appraisal; who for the inspection?
  • Who is going to be responsible for property taxes and upkeep?
  • Will the deed be transferred to the buyer right away, or only after the home is paid off? 

Those issues point out why a “handshake deal” can’t be recommended for a Delaware seller financing arrangement. Just consider the last two points: if the deed hasn’t been transferred and taxes are in arrears, whose credit is harmed?

A good attorney will draft an agreement that nails down responsibilities and penalties for a buyer default as well as a detailed payment structure. A well-drafted seller financing agreement protects both parties by preventing misunderstandings and providing an unambiguous inducement for good behavior.

Given the right buyer, clear communicating and a framework cemented by the proper paperwork, Delaware seller financing can provide the missing element that makes a sale possible. If you will be listing your own Delaware home, give me a 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.