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Real Estate Transactions Archives

Tips for real estate transactions involving beachfront property

People looking to buy a beachfront property can turn to many states to make their purchase. One of those locations is Delaware, where agents say the real estate market has stabilized after several years of fluctuation. Despite this new stabilization, experts have some critical advice for those looking to make a real estate transactions for coastal property in the state.

How to choose a good broker to oversee real estate transactions

When buying a home, there are a lot of things to consider. One of the most common questions new homeowners in Delaware have is how to choose a trustworthy real estate agent. Before any real estate transactions take place, there are a few questions home buyers should ask a prospective real estate agent to make sure they are the right fit.

Deciding the order of real estate transactions can be tricky

Those who are looking to purchase or build a new house may wonder about the best time to put their current home on the market. While Delaware families can be eager to sell their house for financial and personal reasons, those who do so before a new home is ready could find themselves with more work. Mortgage rules can also play into the decision about how to order real estate transactions.

Understanding vital documents in real estate transactions

First-time homebuyers encounter many new and unfamiliar elements. Countless documents are placed in front of them, and people hand them pens and tell them where to sign. Blindly signing documents for such a monumental purchase can leave a Delaware homebuyer in a tough situation, having agreed to items that he or she doesn't realize are in the documents. With a general understanding of the documents included in most real estate transactions and by taking the time to carefully review each page, a buyer may avoid making a terrible mistake.

Real estate transactions can be plagued by title defects

When you purchase a piece of property here in Delaware, you want to know that you own it without any defects to the title. It does not matter whether real estate transactions are for residential or commercial property, if there is something wrong with the title, you could end up with problems down the road. For this reason, a careful examination of the title needs to be done, and if any issues are found, they require correction right away.

Consider federal estate taxes in estate planning

No one looks forward to paying taxes, and Delaware residents are no exception. Some people face the possibility of paying taxes even after they die through the assessment of federal estate taxes, which they may consider worse than paying them while alive. Fortunately, the appropriate estate planning may reduce -- if not eliminate -- the need to pay those taxes.

Watch for these mistakes in real estate transactions

Buying and selling property happens every day here in Delaware. The fact that it happens so often might imply that real estate transactions go off without a hitch, but that is not always the case. If certain mistakes are made during the process, the buyer and/or the seller could end up with a complex and frustrating problem.

Several issues need attention in real estate transactions

Many Delaware residents struggle to find the piece of property that will be perfect for their needs. Even so, that could be the easiest part of the process. Several issues need attention from both the buyer and seller in real estate transactions.

Real estate transactions can be complex and frustrating

Whether you are buying a commercial property, vacation home or your first home here in Delaware, the process can be intimidating. Real estate transactions typically have several moving parts, and keeping on top of everything that needs to be done can be frustrating. If one step is missed, the entire transaction could fall apart or cause you additional frustration, time and money in the future.

Work with an experienced attorney when navigating zoning variance process

In our last post, we spoke briefly about the importance of zoning in the residential real estate context. As we noted, this is a particularly important issue for those who are looking to do things on their property that may violate or push the limits of local zoning rules, such as raising animals or running an in-home business. Zoning can also be an important issue in the context of commercial real estate.

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