Does that mean you can buy a new home in that community between $300,000 and $325,000? Probably not.
If I tell you that you will end up spending 30% or more above the base model price of that new home, will you believe [...]
Gail Alm, Mortgage Planning Specialist at Fairway Independent Mortgage Corp. in Rehoboth Beach offered this information courtesy of Keeping Current Matters.
We are often asked why there is so much paperwork mandated by the bank for a mortgage loan application when buying a home today. It seems that the bank needs to know [...]
Were breaking records on the U.S. housing market!
Evidently, during the month of August, US real estate saw 6-year high when national home sales reached their highest levels in more than six years, according to a recent report from the Commerce Department.
This is incredible! That means that sales activity has returned to the levels it was [...]
Its been no secret that Delaware is one of the most tax friendly states for retirees. In an recent article on Yahoo Finance, Kiplingers Sandra Block lists the top 10 most tax-friendly states in the U.S. and I am proud to say,
These ten states impose some of the [...]
I am an avid CNBC watcher but not as much as I used to be. They have gone from reporting hard news to advocating for their own positions and favorite companies. If you only evaluated companies based on their stock performance or the comments of a CNBC on air personality, would you end up with the best [...]
How much will a new home cost? What will the taxes be? Will I have public water and sewer? These and other questions are important to ask and evaluate when you are buying a retirement home in another state. Statistics say that most people downsize and stay within an hour of their existing home when they [...]
Big homes are a big deal on the national housing market, according to a recent article in USA Today.
In fact, of the 569,000 homes built last year in the US, about 33 percent (or 188,000 homes) had [...]
Our state's Byways are perfect for Fall Foliage Drives to our fabulous Farmers Markets. Being an agricultural state, Delaware offers a bountiful harvest of fruit and vegetables and many Scenic Drives to somewhere and to nowhere, too. Why not take advantage of this [...]
I asked Gail Alm at Fairway Independent Mortgage in Rehoboth Beach, Delaware to comment on a question Buyers often ask,
So, are you ready to bundle? Heres what she said When Kathy asked me if you can bundle closing costs into your mortgage, the answer can be yes or no, depending on the [...]
In this case, the picture below courtesy of Gail Alm, Mortgage Planning Specialist shows thousands of interest dollars paid on mortgages through the decades. Go ahead, take a look and...
