20356 Blue Point, Rehoboth Beach, De 19971 | $389,900

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Property Details

Light filled, spacious, and open condo in the gated community of Blue Point Villas! Condo features two master suites, an open floor plan, dining area, large kitchen with breakfast bar which opens to the living area, gas fireplace, private balcony, ab
  • MLS Number: 723787
  • Status: Active
  • Price: $389,900
  • Property Type:
  • Area: Lewes And Rehoboth Hundred
  • Community: Blue Point Villas
  • School District: Cape Henlopen
  • Square Footage: 2,200
  • Year Built: 2005
  • Bedrooms: 4
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Number of Stories: 1
  • Unit Floor Number: 2
  • New Construction: No
  • County Taxes: $1,142
  • Association Fee: $4,560
  • Pool: Inground
  • Furnished: Yes
  • Lot Size Acres: 0.00
  • Lot Description: Cleared
  • Water: Public Central Water
  • Sewer: Public Central Sewer
  • Community Amenities: Cable TV, Elevator, Gated Community, Lawn Care, Parking-Assigned, Pool-Outdoor

Interior Features

  • Kitchen: Breakfast Bar, Countertops - Solid Surface
  • Fireplace: Gas
  • Heating: Heat Pump(s)
  • Cooling: Central A/C
  • Flooring: Carpet, Tile
  • Security: Gated Community
  • Appliances: Dishwasher, Disposal, Dryer-Electric, Fridge w/Ice Maker, Microwave, Oven/Range Electric, Washer, Water Heater Electric
  • Interior Features: Bedroom-Entry Level, Ceiling Fan(s), Elevator, Fireplace-Gas, MBED-Full Bath, Screen(s), Tub-Soaking/Whirlpool, Walk-In Closets

Exterior Features

  • Style: Flat/Apartment
  • Construction Type: Stick/Frame
  • Exterior Type: Vinyl Siding
  • Roofing: Architectural Shingle
  • Foundation: Concrete Block
  • Garage: Under Home
  • Garage Size: 2
  • Parking: Assigned, Garage
  • Porch/Deck/Patio: Balcony(s)
  • Exterior Features: Pool-In Ground

Listing Courtesy of JACK LINGO REHOBOTH

Overcoming Rival Bids in Rehoboth Beach Real Estate Market

It was only a few years ago that the last thing a prospective Rehoboth Beach home buyer had to worry about was being outbid. Those were the days when the bottom seemed to be falling out of the Rehoboth Beach real estate market. Anyone brave enough to be looking to buy at a time when the real estate market was frightening most folks away was not only plucky—they were also alone. Sellers who had to move no matter what found themselves forced to accept offers that they knew were well below their property’s true utilitarian value. The only saving grace was that those same sellers could turn around and buy in their new community at the same kind of crazy discount.
That, as they say, was then—and this is now. As the real estate market in Rehoboth Beach continues to revive, sellers’ mindsets have returned to normal. Knowing that their Rehoboth Beach home is a valuable commodity, they demand offers that are respectable. One national survey found that that buyers are acting quickly on the most sought-after homes, and that overall, median DoMs (Days on Market) fell to 32 in March from 40 just a month earlier.
As the spring selling season heats up, some buyers who find the home of their dreams may also suspect that they aren’t alone. It calls for definitive action—and if it looks as if just making an offer might not win the day, some additional action. For home buyers who have a good idea that they must act decisively or miss out, here are some options for increasing the odds that their offer will be accepted:
One tactic to prevent being outbid is to add an escalation clause to the offer. If allowed, such a provision states if the seller receives another offer, then the buyers are willing to increase their own offer to a set price. For instance, a home buyer who makes an offer of $310,000 might include an escalation clause in increments of $3,000 should a competing offer appears, up to a maximum of $360,000.
Since people have different reasons for selling their home, another tactic is to discover what's important to the seller. Perhaps they have a new job opportunity and need to vacate as quickly as possible. Or maybe they have plenty of time, and are holding out for the maximum price. Your agent may have a good idea what is motivating the sellers so that you can craft your offer around their requirements. If a normal schedule calls for an inspection period of 10 days, but the sellers want to move quickly, they may be motivated by a shorter inspection period.
Usually, home buyers find it prudent to keep the upfront earnest money pledged to a minimum, allowing them more leeway in limiting their loss if they decide to back away from the deal. Increasing the earnest money shows the sellers you are serious about completing the purchase. It also subtly affirms your financial stability. An even more substantial demonstration is to become pre-qualified with a mortgage lender. Unless an all-cash purchase is possible, it’s the best way to guarantee you will be able to act quickly. Even if competitive bidders appear, when you are a pre-qualified buyer, you increase your chances of winning out.
When I’m tapped to act as your buyer’s agent, I become your advance scout and strategic partner as you explore this spring’s exciting Rehoboth Beach real estate market. I hope you’ll give me a call! Call/Text me Russell Stucki at (302) 228-7871, email me at russellstucki@remax.net, visit more listings at www.beachrealestate.com

 

Getting an Edge When You're Selling a Delaware Beach Home

This season, success in selling a home in Sussex County will depend upon the same factors as always: location; quality; buyer appeal.

A home’s location—short of calling in the house movers—is pretty much what it is. The structural quality of workmanship and the level of maintenance that it’s received though the years can be gussied up where it shows (and should be!), but that, too, is largely a done deal.

Which leaves that other factor in selling a Delaware home—the little things that reach out to appeal to buyers. The difference between receiving a swift offer and not can hinge on what makes your home more desirable than others in its price range.

A good example is with closet space. Any property with a closet organization system will carry great appeal to a large number of prospective buyers. Likewise, advanced technological touches can stick in buyers’ memories at the end of a long day of house tours. They don’t even have to be expensive or whole-house systems: a simple programmable thermostat that can be accessed on a smart phone can be an interesting selling point that sticks in the memory. It’s the kind of touch that isn’t a great deal of trouble to install—but it can provide the edge that makes selling your home that much easier.

More extensive tech-savvy features, like tricked-out media rooms or home offices wired to the hilt, are also very hot right now (especially for today’s younger homebuyers) and can provide the edge you’re looking for—if.

What’s the “if”?

If when you are readying your home for showings and open houses, you-

  • prep to emphasize each of these special features (like leaving that system-organized closet door open with the light on);
  • you make sure your agent is in the loop, ready to showcase key elements; and
  • stage to bring out less visible features—whether it’s printing up a list of newly-refurbished utilities or setting out a wine bottle and glasses with a note to “be sure to check out the killer wine cellar downstairs”

It’s also possible that some appealing features are ones that you take for granted; you’ve simply gotten used to them, yet they ought to be emphasized. Often those are details that your agent will be helpful in pointing out. Whatever is unique and desirable will make selling your home that much easier.

If you will be selling your own Delaware home in this season, I hope you will give me a call. There’s never an obligation, but if you wish, we can go over your property to uncover the marketing options that will make it a stand-out: the one with the edge!