Christopher Pataki

Lana
To put it simply, settlement help is nothing more than a negotiation tool such as the price, appliances, window treatments, etc. Buyers request sellers to help pay for items that may not be covered by the loan such as settlement costs, reduced loan interest rate, etc. Do not think that this is a bad thing, because the point of your position is to SELL THE HOUSE. Also the costs can be shared fully by the buyer. You can grant the settlement help to the buyer if the buyer agrees to pay a higher sales price than was initially offered. (For example - Your home is for sale for 100,000. The buyer offers 98,000 and requests 2,000 settlement help. If you believe that 98,000 is a fair price for your home, you can offer the 2,000 settlement help if they increase their offer to 100,000.) Hope this helps......................chris - Sat May 24 2008, 04:44

I am sorry for being so late to answer this question - I just came across it today. Claymont does have many very nice neighborhoods with varying home sizes and price ranges. I am working with several people who want to live in Delaware and continue to work in Philadelphia and they like the area for just the same reasons as I believe you would. Claymont is going through a rebuilding of the area that will keep the quaintness of a small town and still have the closeness to larger cities such as Wilmington or Philadelphia. I hope this helps.......................chris - Thu May 8 2008, 05:48

There are a few variables to tackle in your home purchase equation. First, the knowledge of what you can afford is best answered by a mortgage professional. Once you have determined the correct budget for your home investment, you should speak with a Realtor who has great knowledge of the area you wish to live. North Wilmington is a wonderful area to live - I spent the first 20 years of my life there - with many mature neighborhoods varying in size and amenities. The larger pieces of land that you may desire are found further south in New Castle County so you will need to decide what is more important - location or land size. Once you have narrowed your wants and needs , set the plan of your home buying goals in motion. Good luck! - Thu May 8 2008, 05:32

Claymont is transforming as we speak. Because of the reasons that you are looking in that area, Claymont is enhancing the traditions that has maintained its small town feel. There is some new construction that is sure to help with this renaissance of the community. As a long term neighbor, I opened a small business that thrived in Claymont and I recommend this area to many of my buyers. Check out the web site below to open more information doors on the subject of Claymont. Hope this helps..................chris - Sun Apr 20 2008, 08:29

I have contacted several mortgage brokers in my area to find a solution for you. Currently there are no specific products that we could find for those mortgage holders with the inability to work full time due to disability. The best advise that I can give at this time is to open a line of communications with the mortgage holder. Ask them specifically if they can help you through this difficult time. With all of the issues in the credit market today, they may be able to make an exception for you with your good payment history. If they answer no at first - don't give up! Go to the next level of management and state your case until you get satisfaction. As someone who has had on and off bouts of a chronic disease, I can understand the frustrations that you must deal with. I wish you the best and hope this helps. Be well...............chris - Sat Apr 5 2008, 05:40