Skip down to page content. ↓

Real Estate Information Archive

Blog

Displaying blog entries 1-10 of 18

First Time Homebuyers Mortgage-Related Junk Mail

Wednesday, October 11, 2023
by Tucker Robbins

The stress and excitement of buying your first home has subsided, the boxes are unpacked, and your mail is being forwarded to your new address–the house is yours! So why are you getting mail regarding your new home purchase? Our guide will help you discern between what is relevant, and what you should toss: 

 

  • Why are you even getting all these unsolicited offers? Your home purchase is public record. All sorts of house- and mortgage-related “companies” are combing through those records daily, obtaining your information as soon as the deed is filed. 
     

  • Many of these offers come with your lender’s logo or name in bold print. Comparing contact information on paperwork you already have will help discern if it is a legitimate offer from your mortgage lender. 
     

  • Life insurance offers come in droves after purchasing a home, and you are the only one who can decide on what insurance company you choose. Contacting a reputable insurance agent in your local area is probably your best choice. 
     

  • Mortgage protection insurance (MPI) offers are sent to you as well. Such insurance sounds great, as it will pay off your loan in case of death. However, while your loan amount decreases, your MPI premium stays the same, so it would be a better financial decision to have a life insurance policy that is large enough to pay off your mortgage and take care of any other expenses. 
     

  • Many home warranty offers will inundate your mailbox as well. Do a little homework if you are interested, and your buyer agent can probably recommend a few companies. 
     

  • Do not just toss or shred anything you suspect may not be legitimate. Read the entire mail contents, look for spelling errors, generic information, and disclaimers–read everything, especially the fine print. Call your lender if you are not sure about something that looks official. 
     

  • If the former homeowner continues to receive mail at their old address, mark it “Return to Sender,” place it back in the mailbox, and allow the USPS or the company sending the mail to locate the former residents address. 

 

One great and secure tool you can use to stop receiving anything related to your finances (refinancing offers, credit cards, etc.), is OptOutPreScreen.com. A joint effort of credit companies Equifax, Experian, Innovis, and TransUnion, this site is free to sign up for five years or permanently.

 

Courtesy of New Castle County DE Realtors Tucker Robbins.

Add Comment

Is It Time to Stop Renting?

Wednesday, June 21, 2023
by Tucker Robbins

Between rising rent costs and the desire to have a place you can call your own, one might believe that purchasing a home is a far-off dream. Think again! There is much to consider, from finances to logistics to paint colors, many factors of homeownership are different than when you are a tenant in someone else’s home, so you need to prepare now for a new home later. 

 

  • Do you love your rental? If so, talk with your landlord about purchasing the property! Once they become aware that you are interested and possibly moving, the thought of preparing and looking for a new tenant may encourage them to agree to a sale. All you can do is ask!  
     

  • Consider purchasing a townhouse or condominium when searching for properties. Many are affordable and convenient and would make the perfect first home. 
     

  • Think about your community options--where you live can affect how much you pay in fees, property taxes, or maintenance costs. 
     

  • If you have renters’ insurance--and you should--take note that a homeowner’s policy costs more, because it covers much more than just your belongings. Most mortgages will include homeowners’ insurance in the monthly payment. If your current agent can find a cheaper rate, go for it! 

 

Do you want the freedom to paint your living room bright green? Are you tired of having to keep your growing family quiet so as not to disturb the neighbor’s downstairs? If so, it may be time to think about buying a house. Connect with a Realtor® to guide you through the entire home-buying process.  

 

Courtesy of New Castle County DE Realtors Tucker Robbins and Carol Arnott Robbins.   

 

Photo credit: ramseysolutions.com

Add Comment

Maintaining Your Home's Exterior

Wednesday, June 14, 2023
by Tucker Robbins


We spend more time inside our homes than outside, and regular cleaning and maintenance of the outside of our homes is not something we think of as often. Taking care of the siding of our homes extends its lifespan and keeps our homes looking great! 
 

  • - Warm water and mild detergent are your first defense in keeping any siding material clean. Use a long-handled brush with soft bristles, and working in small sections, scrub from top to bottom to avoid streaks.
     
  • - Pressure washing is a great way to clean the outside but take care because you do not want to put a hole through vinyl or damage wood. Bob Vila offers a wonderful guide on the best use of a power washer for exteriors.
     
  • - Inspect your siding before you begin cleaning. Take care of any problems as soon as possible to prevent further damage and costly repairs. 
    - All siding: check for water or insect damage, foundational cracks 
    - Wood siding: look for peeling paint, cracked caulking boards, and trim 
    - Brick: crumbling bricks or mortar, and foundational cracks 
    - Vinyl: loose, warped, or cracked sections 
    - Stucco: cracks and holes  
  • - Painting the siding does not have to happen often, it simply depends on the material: 
    - Wood siding: every 3-7 years, or every four years if it is stained 
    - Aluminum siding: about five years 
    - Stucco: every 5-6 years 
    - Cement fiberboard siding: 10-20 years  
  • - Wood siding needs a little extra care for preventing insect and water damage. It should be treated with a sealer every two-five years, depending on where you live.
     
  • - Tougher grime, such as mildew or algae, may need more than soapy water. Hydrogen peroxide and white vinegar will remove algae and mildew, and both are better alternatives for landscaping and your lungs than chlorine bleach. Peroxide cleaners are available in most home stores. 

While the home’s exterior is a large job to tackle, once it is done it will be easier to maintain over time. Regular inspection is more important, as the elements and other factors are always present. Proper maintenance and cleaning will not only add more life to the exterior materials, but it will also maintain the value of your biggest investment! 

 

Courtesy of New Castle County DE Realtors Tucker Robbins and Carol Arnott Robbins.   

 

Photo credit: pressureperfectcleaning.com

Add Comment

The People You Meet When Buying a Home

Wednesday, May 17, 2023
by Tucker Robbins

There will be more than just you, your real estate agent, the seller, and their agent involved in the process–unless you are paying cash for a new home! Appraisers, lenders, and inspectors are just a few of the folks you will come across, and it will relieve some stress on your part if you familiarize yourself with who they are and what part they play during your house purchase. 
 

  • Real Estate Agents  
    The agent you choose will be your resource and constant contact throughout the home-buying process. In most transactions, there will be a listing agent representing the sellers, but it is unlikely you will be meeting them. 
     

  • Mortgage lenders  
    To be adequately prepared to begin looking for a new house, you should be pre-approved for a mortgage. Meet with a few different lenders to find the best loan for you; see what the balance recommends for finding the right mortgage. 
     

  • Appraiser  
    The mortgage company wants to be sure that the property is worth what the asking price. The appraiser is usually one of the lender's choosing. Learn more about what is involved with the appraisal from realtor.com®. 
     

  • Home Inspector  
    You do not want any surprises with structural issues, mold, or insect infestation after you have the keys in hand, so it is in your best interest to hire an inspector to go over your prospective home. Call several inspectors, and ask these important questions. 
     

  • Homeowners Insurance Agent   
    Most insurance companies offer a discount for having more than one policy with them, and it may be easier to go with your current insurer, so give your agent a call. Do not let that stop you from shopping around for better rates, however. 
     

  • Real Estate Attorney  
    Many states require you to hire an attorney, as they will go over all of the documents, handle funds, and perform the title search, to name a few of their jobs during the home sale process. Find out why it is always a good idea to have a real estate attorney, whether it is the law or optional. 
     

  • Title Insurer   
    In case there are any questions about the sale of the home being legitimate (no liens, family feuds, etc.), you will need title insurance, and in most cases, the lender or attorney will already have that lined up. 
     

 

These entities are typically involved in the home-buying process, but not every one. You may come across another professional or service during your experience. Your Realtor® will keep you informed of each step, so no need to be concerned if there is a step along the way you are not familiar with. Every one of them, however, is important for a smooth transaction, protecting you and your largest investment. 

 

Courtesy of New Castle County DE Realtors Tucker Robbins and Carol Arnott Robbins. 

 

Photo credit: IStock

Add Comment

7 Things First-Time Home Sellers Should Expect

Wednesday, May 10, 2023
by Tucker Robbins

You have decided to sell your home, and dream of it immediately becoming a highly desired property with a bidding war that drives up your asking price and closing in thirty days dance in your head. Dream on! These seven tips can help bring you back to earth: 

 

  • - While you love your home, not everyone else will. Sellers must detach their emotions about the house while it is on the market. Think of it as a financial transaction or see it from the expectant house hunters’ point of view.

  •  

  • - Major issues with your house should be repaired before the For Sale sign goes in the front yard, and if repairs are not possible, a repair credit will have to be offered to the buyer. Be prepared to do some painting and patching, at the very least. If you want the best sale price, you should do your best to earn it.

  •  

  • - It is vital to be available to your agent, whether it be via phone calls, texting, or email. They are your link to the buyer, and it is possible to lose a sale by not being accessible.

  •  

  • - If you or your agent have decided to hire a staging firm, do not take offense if they ask to put your belongings in storage. It is not about your personal taste, but about making the home appealing to the general public and seeing it as their home.

  •  

  • - Flexibility is key when allowing potential buyers to see it. You will not be getting a weekly showing schedule that is set in stone, so be prepared for inconveniences.

  •  

  • - Because every accepted offer does not result in a sale, have the “big” things packed and ready to move, but hold off on packing the necessities until closing is imminent!

  •  

  • - Some sales take time, but incentives can make a property more attractive: cash towards the closing costs, a year’s home warranty, and payment of HOA dues are just a few ideas to attract buyers. 

 

There is much more to selling a house than decluttering and keeping the home clean for showings. Hopefully, being prepared, flexible, and practical will not only produce a satisfactory selling price, but it will also make the process less stressful for you and your family. 

 

Courtesy of New Castle County DE Realtors Tucker Robbins and Carol Arnott Robbins. 

 

Photo credit: facebook.com/firsttimehousesellers

Add Comment

Tips to Reduce Moving Costs

Wednesday, March 22, 2023
by Tucker Robbins

As exciting as it is to be relocating to a new home or new city, very few actually look forward to the “moving” part! It can be as expensive as you choose, but as a new homeowner, the budget is always on your mind. Check out these ways you can cut costs when it comes time to move: 

 

  • Before you put the first item in a packing box, toss, sell, or give away as much as you can. You may have already decluttered when your current home was put on the market, but give everything one more look before you start packing. 
     

  • Moving.org has an up-to-date list of discounts and coupons offered to senior citizens, various occupations, and membership organizations. 
     

  • Rent a truck, then pack it and move everything yourself. It will be hard work, but get the family involved, have a plan in place, and save hundreds by DIYing your move. 
     

  • Portable storage can be more affordable than hiring a full mover. Reduce stress by having the container delivered a few weeks before the move, as you can pack it over several days, then have it sent to the new house once you are ready to go. 
     

  • If you choose to use a pro, contact at least three reputable moving companies at least a month in advance of the move. Ask if a fixed rate is available, and inquire about possible additional costs: charging more for a weekend move, or extra for wrapping furniture or moving items up and down stairs.  
     

  • Packing in advance when hiring a moving pro that charges by the hour will add to your savings. Have all containers ready in one convenient place, preferably in a garage or the room nearest the front door. 
     

  • Save on packing materials by getting boxes from grocery store produce departments, or ask in online forums for used packing items for free. Some containers are already in your home: suitcases, tote and duffel bags, as well as linens for packing material. 
     

  • Long-distance movers normally charge by weight, so taking items like a weight bench or furniture that you do not have room for in the new house will cost more. Consider selling them before the move. 

 

Probably the most important thing to remember is to plan at least a month ahead of the move, as it is not unusual to pay too much when in a rush. In one study, moving has been <span class="SpellingError SCXW231324750 BCX0" style="margin: 0px; padding: 0px; user-select: text; -webkit-user-drag: none; -webkit-tap-highlight-color: transparent; background-repeat: repeat-x; background-position: left bottom; background-image: url(" data:image="" gif;base64,r0lgodlhbqaeajecap="" 8aaaaaaaaaach5baeaaaialaaaaaafaaqaaaiilgaxcchrtcgaow="=&quot;);" border-bottom:="" 1px="" solid="" transparent;"="">found to be one of the top three stressors in life! Keeping costs down as much as possible during the move can help reduce some of that stress. 

 

Courtesy of New Castle County DE Realtors Tucker Robbins and Carol Arnott Robbins. 

 

Photo credit: deccanherald.com

Add Comment

A Guide for Avoiding Foreclosure

Wednesday, January 25, 2023
by Tucker Robbins


Sometimes, homeowners can get into financial trouble by circumstances beyond their control. Job loss, divorce, medical bills, or the death of a family member are usually the culprits. While foreclosure seems to loom over an already bad situation, it does not have to get to that point!

 

Here are some tips that can help keep foreclosure proceedings at bay: 

 

  • Contact the lender before the first late mortgage payment, especially if there is equity in the home. Lenders normally do not begin the foreclosure process until payments are 120 days behind, so there is still time at this point. 
     

  • The mortgage servicer can offer several options to avoid losing the home to foreclosure: refinance the mortgage, a loan modification, working out a repayment plan, or forbearance. Two procedures that will affect the borrower’s credit score are the short-sale of the property, or going through a “deed-in-lieu of foreclosure." 
     

  • Selling expensive items--a boat that is only used a few times per year, for instance--can cut monthly expenses, and any proceeds can go towards the mortgage. 
     

  • Keeping mortgage payments current is more important than paying credit card bills! Credit scores will be affected by late credit card payments, but a foreclosure will do far more damage. 
     

  • Do not allow mail from the lender to go unopened if payments are currently behind. Mortgage lenders normally want to avoid foreclosing on the home as much as the homeowner. 
     

  • Credit counseling can never begin too early, and the HUD website offers lists of local credit counselors. Find other helpful information through the National Foundation for Credit Counseling®. 
     

  • Resist any quick-fix offers advertised on the internet, television commercials, and junk mail, or even from so-called investors. These “rescue mortgages” could be scams, and a home can be lost before foreclosure procedures can even begin. 
     

  • When the house payment is simply no longer affordable, get advice from an attorney whose specialty is foreclosure, as most will do a one-time consult at no cost. Legal Aid can assist the borrower in finding a pro bono lawyer. 

 

The best tip is to contact the lender as soon as finances become difficult to manage. Being proactive before the installments become overdue will allow more options to be available. A house is an important investment, and it is home. A homeowner should do all they can in order to keep it. 

 

Courtesy of New Castle County DE Realtors Tucker Robbins and Carol Arnott Robbins.   

 

Photo credit: Forbes 

Add Comment

9 Tips for Cleaner Laundry

Wednesday, January 18, 2023
by Tucker Robbins

Virtually everyone does laundry, but does everyone do it well? With so many different washers and products available it is natural to assume that the machine and detergent will take care of everything, but that is not always the case. Get your clothes their cleanest with this guide:

  • Adding too many items to the washer keeps them from getting truly clean. How much can your washer tub handle? The Spruce shows how to figure it out!
     
  • Never allow stains to dry, if possible. Even with the use of stain removers, not every set- in stain comes out. The American Cleaning Institute Stain Removal Guide has a solution for almost every stain under the sun!
     
  • Too much detergent can leave residue and actually cause stains! Measure carefully and add laundry boosters, such as borax or laundry soda, to get your laundry really clean.
     
  • Just like detergent use, adding extra bleach to a cycle of whites or towels will cause fabrics to eventually yellow and break down. Use the recommended amount on the bottle.
     
  • If you want that “clean” scent of “fresh” laundry, make your own scent booster with your favorite essential oil and Epsom salts. This is better for your laundry and the environment!
     
  • Ignoring hand-washing instructions can be a big mistake. When you do not have time to swish those pieces in the sink, use a garment bag and/or the delicate cycle on your machine, and lay items flat or hang them to dry.
     
  • Fabric softener can actually damage certain fibers, ie., athletic wear does not benefit from the softener because it coats the moisture-wicking fibers in the clothing. Adding one cup of white vinegar to the final rinse will remove detergent residue, and its strong scent fades quickly. Towels will be soft without softener when dried in the dryer.
     
  • Save the high-heat dryer cycle for towels and whites. Clothes may take longer on the low heat setting, but the lower temperature helps save your clothes from fading and shrinkage.
     
  • When you stop using fabric softeners or sheets, static from the dryer is the next issue. Try some aluminum foil balls–yes, aluminum foil!--and you will be finished with fabric softener sheets and static!

Change your way of thinking about doing laundry--not a job, but a process! It may add a few minutes to this chore, but you will benefit from longer-lasting clothes and less energy use, saving money in the end.

Courtesy of New Castle County DE Realtors Tucker Robbins and Carol Arnott Robbins.   

 

Photo credit: mommymusings.com

Add Comment

Now is the Time to Buy a Piece of Real Estate

Wednesday, May 10, 2017
by Tucker Robbins

So your life circumstances indicate that now is the time for you to buy real estate. Perhaps this will be your first home or you need a larger space to accommodate a growing family. You may be in search of a better school district or be forced to move because of your job. Whatever the reason for your housing search, there are four basic areas you need to investigate and specific questions you should ask before making a final decision on any house.

WISH LIST:
Before you actually tour any homes, you should determine exactly what you are looking for by asking yourself (and your family members) questions such as “What type of house do I want”? How much space will I need? What type of community and amenities are important to me? How much can I realistically afford to pay?

LOCATION:
Once you have narrowed down your neighborhood choices, do further exploration of these locations by asking about zoning, since apartments and commercial/industrial buildings lower the real estate value of homes. Is the appearance of the community appealing? Does the school district have a good reputation/rating? What about noise? Consider nuisance factors such as traffic sounds, barking dogs, railroad tracks, etc.--anything that will disturb or annoy you on a recurring basis. Ask, too, about property easements, commuting time to and from work, and demographics. Will you be the only family with young children or the sole 50+ resident in the neighborhood?

CONDITION OF Home:
In order to determine any structural or maintenance issues, ask about the age of the house, roof, and appliances. What kind of foundation and insulation does the home have? If you’re looking at an older property, ask if the plumbing and electrical systems have been updated. Has the house been inspected or appraised recently, and, if so, were any problems documented? Will the exterior of the residence require annual maintenance?

COST:
Asking the right questions in this area is extremely helpful in determining your offer on the Wilmington DE real estate. Inquiring about neighboring comps, what the seller paid, and how much he owes will give you an idea of the rise/fall of nearby prices and alert you to possible short sale or foreclosure status. Ask how long the house has been on the market and if there have been any offers; perhaps the seller will be willing to negotiate price or offer incentives. Additional inquiries should be made re: the cost of insurance and property taxes on the property and the amount of any homeowners’ association fees.

Arming yourself with answers to questions such as these should help you make an educated decision as to whether or not a particular piece of real estate is for you.

Courtesy of New Castle County DE Realtors Tucker Robbins and Carol Arnott Robbins.   

Add Comment

New Castle County DE Real Estate Market Watch For October 2016

Friday, November 18, 2016
by Tucker Robbins

New Castle County DE listings decreased 4.76% in October 2016 with 38 fewer homes being listed. The average sales price increased 4.94% to $252,037, and market times decreased by 1 day.

​​new castle county real estate

Add Comment

Displaying blog entries 1-10 of 18

Syndication

Categories

Archives

Quick Search

Contact Information

Photo of Tucker Robbins Real Estate
Tucker Robbins
Berkshire Hathaway HomeServices
3838 Kennett Pike
Wilmington DE 19807
(302) 777-7744 (direct)
Send an Email