Sussex County, a.k.a. "Coastal Delaware," is where Boomers look to move for not only a primary residence in retirement but often for a second home/vacation home even while they are still working. This is the fastest growing county with the smallest population of the [...]
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 [...]
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 [...]
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 [...]
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...
And thats exactly what happened recently when the latest market activity report was released by the National Association of Realtors in July.
Evidently, contracts to purchase previously-owned properties increased more than expected during [...]
MyIndependence 2nd QTR Review shows, as predicted, the remaining lots in the first half of Independence have been selling quickly. Dust is still flying but the heavy trucks are moving into the next Phase more quickly than predicted.
In my April/May update there were 26 new homes under contract. It now looks like between 43 and 46 new homes [...]
The sluggish housing market over the last several years did not have an impact on Americans desire for bigger and fancier homes, according to a recent report from USA Today.
Evidently, demand continues to grow for these large estates, especially as the housing market across the nation improves. This is a [...]
