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Dewey Beach : Real Estate Advice

  • All22
  • Local Info0
  • Home Buying2
  • Home Selling1
  • Market Conditions2

Activity 17
Mon Nov 6, 2017
Jean Sullivan answered:
Yes, but the account you deposit to should be the same as the name on your lease. The lease normally has the name and place to mail your payment. Depositing your rent directly to the account, will assure your rent is there on time and you will have your deposit receipt and your cancelled check to show you paid. This is an option we give our residents. Normally, they are provided a blank deposit slip to start. They can copy that or fill one out at the bank. Most of the residents love this. One even pays direct with a transfer since they use the same bank. ... more
0 votes 5 answers Share Flag
Thu Sep 29, 2016
Cmauricejones answered:
Misrepresented, New Construction home buyer, Newark, DE,
My husband and I were in the process of purchasing a home inTimber Farms from LC HOMES. We went through the process of putting down our deposit, picking out everything to make our home beautiful. We were excited and ready. We were not able to see the exact lot because the street was not built. The house was to be finished around the end of the year, maybe Jan or Feb. We were originally told Oct 2016, then the end of the year, then Jan or Feb 2017. We were told our deposit could be paid in increments as the house was being built, but then we were told it was due by 7/31/16. Once we made our $8,000 deposit, then the road was put in.

We could now see our lot. When we saw the lot and what was directly behind it, I cried. There is an asphalt company practically in my backyard. This should have been disclosed. My husband and son both have asthma and my mother-in-law (who will also be living with us) has COPD. You could smell asphalt half way up the road. THERE IS NO WAY WE COULD LIVE THERE. This was such bad business! You could not see anything from the construction site before the road was put in; it was hidden by mounds of dirt and trees. My husband asked several times what was around our yard since we were in the cul de sac. The seller could have told us, we could have made an informed decision to pick a different lot or not buy at all. And they refuse to give any of our money back. I've heard bad things about the Capanos bad business dealings but thought since this was an established neighborhood there wouldn't be any problems. Now we know why they didn't build homes there when the rest of the development was built.

I wonder who else has been stuck by them in this development buying a home on Asphalt lane (Marie Ct.)
... more
0 votes 9 answers Share Flag
Wed Aug 31, 2016
Heyl_lisa asked:
Mon Mar 30, 2015
Elizabeth Vasilikos answered:
Hi Alina. Gordon's Pond is one of the more quiet beaches. It's a little off the beaten path, but worth it. There is a drive on section there as well.
0 votes 5 answers Share Flag
Tue Feb 17, 2015
Ryan K Kruithoff answered:
Trulia does not allow FSBO! Consider Zillow or forsalebyowner.com
0 votes 3 answers Share Flag
Sun Jul 13, 2014
Keith A. Misener answered:
I see that this thread is a couple years old but I wanted to jump in. I have an active listing currently on Jersey St. RBTS is currently offering 2 options - Entering into a new lease, or purchasing the land separately from the home. If you're still interested in properties on Jersey St., please contact me for a showing of 115 Jersey St.

Thanks,

Keith Misener, Realtor
Long & Foster Real Estate, Inc
302-542-1899
... more
1 vote 4 answers Share Flag
Fri Jan 10, 2014
Virginia Egan answered:
Natural gas is slowly making its way into Sussex County but only in a handful of places at this time. We do have gas heat but the gas is propane gas. The most efficient units (other than solar and geo-thermal) would be the ones that are "dual fuel" where the HVAC system automatically switches between propane and electric, depending on the weather/temperatures. Your heat pump conserves gas while operating as the primary source for heating and cooling. By switching to gas heat during extremely cold temperatures, you use the strengths of propane heat when it is most needed. ... more
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Thu Dec 12, 2013
David T. King asked:
It seems there is activity during this current Holiday Season. I believe that is a good sign for the New Year.
0 votes 0 Answers Share Flag
Fri Mar 8, 2013
Joseph Maggio answered:
There are several new home developments located along the Breakwater Bike Trail including, The Grand at Canal Pointe and Canal Corkran. These communities include Single Family, Flat Apartment, and Town house style homes available both to-be-built and resales. If you would like more information about these communities please contact me 302-226-3770 or via email @ maggioshields@gmail.com. ... more
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Sun Dec 30, 2012
TheOldfatherGroup answered:
As the market ascends Market Value is beginning to trump Cost Valuations. There are a bunch of us who would love to help you evaluate the market if you haven't already found a great property.

Warm Regards,

Dustin & Mariya
... more
0 votes 6 answers Share Flag
Thu Nov 15, 2012
Valerie Tolson answered:
Hi Keith,
There is no lot rent on the town home in Canal Landing.
0 votes 1 answer Share Flag
Mon Aug 6, 2012
Herbs answered:
New leases for 60 ye ovears are 13,000 dollars/ year were sent out in early August,
with a cola or CPI increase annually beginning at 3.4%
Only 10 were offered. It is unknown how many owners responded.
Current leases expire in 2025 and are valued at only 650 dollars/yr.
How much this new deal will increase the value of each property is unknown.
... more
0 votes 4 answers Share Flag
Thu Jul 14, 2011
Frank Mathews answered:
I can do more of a specific search for you, but at this time my contact's indicate $2-$4K.

Frank Mathews
(302) 275-3060
0 votes 1 answer Share Flag
Sat Mar 12, 2011
Maureen Daliessio answered:
land rent and taxes for the year.
0 votes 2 answers Share Flag
Tue Jul 21, 2009
Shirley Kalvinsky answered:
If a property is selling for under $300,000 one block from the beach, it is most likely a land lease situation. Many of the properties in Rehoboth by the Sea (near Dewey Beach) are land lease properties. The owner of the lease has notified the real estate community that they will not renew the lease; they may consider an offer to purchase the land under which the house sits. Currently, most of the leases have anywhere from 12 to 15 years left on the lease, and it is difficult to even get a mortgage on these properties. ... more
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Wed Mar 25, 2009
Chris Kavanagh answered:
Hi Suzie,

Are you looking for the average price per square foot to rebuild or the average value per square foot beach block , fee-simple condo in Dewey Beach?

Chris Kavanagh
Coldwell Banker Residential Brokerage
Bethany Beach, DE 19930
302-829-9068
chris@5starbeachhomes.com
... more
0 votes 1 answer Share Flag
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