17722 Brighten Drive, Lewes, De 19958 | $284,600

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Property Details

Home Sweet Home, Lewes Delaware for under $300K! Very relaxed feeling from the minute you walk through the door: Chaucer II floor plan. Perfectly cared for townhome: 3 bedrooms, 2 ½ baths, several gathering areas, formal living, kitchen opens to a v
  • MLS Number: 723977
  • Status: Active
  • Price: $284,600
  • Property Type:
  • Area: Lewes And Rehoboth Hundred
  • Community: Eagle Point
  • School District: Cape Henlopen
  • Square Footage: 2,478
  • Year Built: 2005
  • Bedrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Number of Stories: 2
  • Unit Floor Number: 1
  • New Construction: No
  • County Taxes: $1,264
  • Condo Fee: $3,200
  • Furnished: No
  • Lot Size Acres: 0.00
  • Lot Description: Cleared, Landscaped
  • Water: Public Central Water
  • Sewer: Public Central Sewer
  • Community Amenities: Lawn Care, Pool-Outdoor, Sidewalks

Interior Features

  • Kitchen: Countertops - Granite, Eat In, Pantry
  • Fireplace: Gas
  • Heating: Forced Air, Gas - Propane
  • Cooling: Central A/C, Heat Pump(s)
  • Flooring: Carpet, Tile
  • Basement: Basement - Full,Outside Stairs,Unfinished
  • Attic: Access Only
  • Appliances: Dishwasher, Disposal, Dryer-Electric, Fridge w/Ice Maker, Garage Door Opener, Microwave, Oven/Range Electric, Washer, Water Heater Gas
  • Interior Features: Cable TV Prewired, Ceiling Fan(s), Fireplace-Gas, MBED-Separate Shower and Tub, Screen(s), Tub-Soaking/Whirlpool, Vaulted Ceilings, Walk-In Closets

Exterior Features

  • Style: Contemporary,Townhouse
  • Construction Type: Stick/Frame
  • Exterior Type: Stone, Vinyl Siding
  • Roofing: Architectural Shingle
  • Foundation: Poured Concrete
  • Garage: Attached
  • Garage Size: 2
  • Parking: Driveway/Off Street, Garage
  • Porch/Deck/Patio: Deck - Rear
  • Exterior Features: Fencing-Partial, Irrigation System

Listing Courtesy of JACK LINGO REHOBOTH

Is that Sound You Hear the Lewes Mortgage Rate Alarm Bell?

In case you set your alarm clock to go off when it was time to buy a home, that clang you may be hearing from somewhere in the distance could be it (figuratively speaking, of course). The reason has to do with the direction of Lewes mortgage rates (among others).
Now, I realize this could come across a little bit like Aesop’s boy who cried ‘Wolf’ since a year and a half ago the experts were unanimous in predicting that mortgage rates would rise throughout 2014 (to at least 5%, if I remember correctly). And not only did they not jump—after a short rise, they actually fell!
The experts were wrong. To the extent I agreed with their call, I was, too—but at least I wasn’t lonely. And I also try to be clear that predicting the future of any financial movement is never a sure thing. The same is true today…but…
Last week, less than a week after the Federal Reserve monetary policymakers emerged from their meeting, Bankrate web commentator Janna Herron published a view that sent alarm bells ringing in my head. It makes so much sense, I feel compelled to share it. Already publicized in the rest of the media was the announcement that 15 of the 17 Fed officials now agree that they expect to raise the federal funds rate at some point within the next 6 months (and one expert was quoted as expecting that as early as September or October). Fifteen out of 17 is a 88% majority, so it couldn’t get much clearer. The funds rate has been cemented to the ground at precisely zero for almost seven years. Since 2008.
Lewes mortgage rates are based upon that Fed funds rate. When it rises, mortgage rates have to rise, or lenders would have to be reclassified as charitable enterprises (not likely). The reasons given for the Fed governors’ near-unanimous prediction are both the rise in the pace of job gains and, as was reported, “The Fed also noted improvement in housing.”
Now, that news may have prompted Lewes mortgage-rate watchers to sit up and take notice—but not necessarily have them hearing alarm bells going off. But there were two other pieces of information:
· First, the current national mortgage rates reported last week rose. They were pegged at just over the 52-week average for 30-year fixed loans, but at 4.13% it remained below the 4.33% of a year before. In other words, still (perhaps momentarily) in the historically basement-level range.
· Second, new mortgage activity began to rise, moving 1.6% up from a week before. Applications had been dropping, but now they were on the move. This while home builder confidence levels soared, with expectations hitting the highest levels in nearly a decade.
As with any batch of economic numbers, the signs can be interpreted in multiple ways, but one way sure does seem to stand out: mortgage rates are attractive now, housing activity is almost certainly on the rise, and mortgage rates and monthly payments are very likely to become more expensive. The same thought may be occurring to more and more people as we enter the summer home-buying season: “What if I could pay less every month for the same home…for the next 30 years…”
Note to Lewes home-buyers. Listen carefully: that could be the sound of your own alarm bell going off! If you think you hear it, now would be a great time to give me a Call/Text me Russell Stucki at (302) 228-7871, email me at russellstucki@remax.net, visit more listings at www.beachrealestatemarket.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!