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Home Buying in Rehoboth Beach : Real Estate Advice

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Activity 26
Sun Dec 30, 2012
Oldfather Group~The Coastal Specialists answered:
Great questions Confused Buyer. In nearly all cases, as part of the short sale negotiation the bank will pay any commissions. However, if you engaged a REALTOR as a Buyer's Agent to approach a private home seller that may be in distress but not listed on the Multiple Listing Service, and you have agreed to a buyer's agency agreement agreeing to compensation (commission) then you may. Even in that scenario the bank would most likely be willing to pay the commission.

We have found that banks are higher to the purchase price offered as opposed to the net they receive. Some agents will attempt to manage the transaction and paper chase of financial docs from the seller which can be problematic. We prefer to engage a short sale negotiator, like Bill & Denise McCormick of CK Capital Management, in the process to keep the process moving along fast enough to be practical. Did you find a good short sale property to make an offer on?

Warm Regards,

Dustin
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Sun Dec 30, 2012
Oldfather Group~The Coastal Specialists answered:
Is there sand at the beach? ;-) Absolutely! See you and your puppy in town Nancy...
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Sun Nov 18, 2012
Amy Schrader answered:
There is no policing on the trail. It is always best to go with an adult there. I do not know if the Thompson Island area was damaged at all, but would be happy to find out for you. You can contact me @ aschrader1@comcast.net. Thank you. Amy Schrader, Jack Lingo, Inc. REALTOR , Rehoboth. cell) 302-604-9833 ... more
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Sun Nov 18, 2012
Mark asked:
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This question was asked from this property: http://www.trulia.com/property/3100399884-20928-South-Dr-Rehoboth-Beach-DE-19971
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Tue Oct 9, 2012
Bill Mann answered:
There are quite a number of solvent associations...Sanibel Village, Captiva Sands & the various Eagles Landing phases, to name but a few. If I can be of further assistance, just let me know. ... more
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Thu Jun 25, 2009
Chris Kavanagh answered:
Dear Mummum,

Totally different cities. In Rehoboth there is a lot of buzz, 100,000 visitors on summer weekends, boardwalk, restaurants where as Lewes maintains it's small town charm. As for property values a lot depends on where you purchase, homes on the bay in Lewes are over $2,000,000 and homes in Rehoboth beach block $1,000,000 and up. It all depends on what is right for you.

Chris Kavanagh
Coldwell Banker Residential Brokerage
Bethany Beach, Delaware 19930
302-829-9068
chris@5starbeachhomes.com
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