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John R. Thom…, Real Estate Pro in New Castle County, DE
John R. Thomas answered:
It the settlement goes throgh, who keeps the deposit given at the time of writing contract?
If settlement goes through, then the earnest money deposited is credited on the HUD settlement sheet toward the purchase price. The broker for the seller does one of two things with th ... more
1 vote Share Flag Sun Nov 30, 2014 Home Buying in 19702
John R. Thom…, Real Estate Pro in New Castle County, DE
John R. Thomas answered:
Is in house underwriting faster than big banks underwriting.?
Great Question! If you are working with a local mortgage lender that does the processing and underwriting of your loan locally, then yes, your underwriting times should be much faster ... more
1 vote Share Flag Sun Nov 30, 2014 Home Buying in 19702
no.spam_ever, Home Owner in Newark, DE
no.spam_ever answered:
Are houses on that street more vulnerable to burglary then others around? Is that street being scoped regularly by would be burglars?
The answer to your questions can be found here.

http://www.ci.newcastle.wa.us/police/crime_reports.htm
0 votes Share Flag Sun Jul 13, 2014 Crime & Safety in 19702
Erin Evans, Real Estate Pro in Niskayuna, NY
Erin Evans answered:
we are a business looking to rent a home for our business. what should we look under?
You should contact a local REALTOR. They have access to all properties available on the Multiple Listing Service and can assist you in your search.
0 votes Share Flag Thu Jan 2, 2014 Home Buying in 19702
Wayne Bartron, Real Estate Pro in Wilmington, DE
Wayne Bartron answered:
We liked one new TH-ready to move in and another SFH but 20 years old in same area. Sq. Ft. area also similar. What is advisable to buy? a TH or SFH?
Hi comcastrainbow,

You did not include a lot of specifics in you question regarding the properties. I will have to assume that both homes include the features, layout, price ... more
0 votes Share Flag Wed Aug 28, 2013 Home Buying in 19702
Wayne Bartron, Real Estate Pro in Wilmington, DE
Wayne Bartron answered:
How much are closing costs on a $100,000.00 loan in Delaware?
Closing costs vary based on status as a first time buyer / or not and attorney fees. In general they average 4 to 6 % of the purchase price. Since some of costs are fixed the higher the ... more
0 votes Share Flag Mon Oct 22, 2012 Financing in 19702
Interested , Real Estate Pro in Delaware
Interested answered:
when can you show the property?
Interesting ... When can you supply your qualifications as a buyer.
0 votes Share Flag Tue Mar 20, 2012 In My Neighborhood in 19702
Voices Member,  in
Voices Member answered:
When a contract terminates on inspection contingence, what is the procedure to get the money back from Escrow broker (Escrow Deposit)? Is this?
Generally, the buyer iniates a release of contract, which the seller has to sign in order for the escrow funds to be released. If the seller refuses to sign, it depends on whether or no ... more
0 votes Share Flag Fri Nov 20, 2009 Home Buying in 19702
Interested , Real Estate Pro in Delaware
Interested answered:
A bank owned property listed for $399K (clean house), does it make sense to start offering at 30% disc. $310K?
Andrew, I like all your "thinking"...
You made a sound decision...
Kai Etienne with NextRe.com
I am also an investor and it is great to see a smart buyer and to deal with o ... more
0 votes Share Flag Sun Nov 15, 2009 Home Buying in 19702
Jacqueline R…, Real Estate Pro in Delaware
Jacqueline Roark answered:
From the Exclusive Buyer Agency agreement (DElaware state) paper.
Your agent should have explained this thoroughly but to get the answer to your question, you should ask your agent. In most cases you will not have to pay a commission to the agent on ... more
0 votes Share Flag Mon Aug 17, 2009 Home Buying in 19702
Voices Member,  in
Voices Member answered:
First time homebuyer, looking to buy in Bear/Newark area by September. Can anyone anticipate what the market?
Ms. Goodman,

The most recent list price compared to sales price reports (Aug. and Sept. 2008) show that homes in the Newark area are selling at about 85% of the list price. For exam ... more
0 votes Share Flag Thu Oct 2, 2008 Market Conditions in 19702
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