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Selbyville : Real Estate Advice

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  • Home Buying7
  • Home Selling2
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Activity 4
Wed Jan 30, 2013
Chris Kavanagh answered:
The land rent is $3400 per year, taxes $259 per year.

Chris Kavanagh
Coldwell Banker Residential Brokerage
Bethany Beach, De 19930

302-829-9068
chris@5starbeachhomes.com
0 votes 1 answer Share Flag
Tue Jan 17, 2012
Ron Thomas answered:
This is a TAX question;
Agents are cautioned not to answer LEGAL questions or TAX questions:
Please take this question to your tax advisor.

Good luck and may God bless
0 votes 2 answers Share Flag
Thu Aug 19, 2010
Linda Quasney answered:
Hello Home Buyer,

Generally, a townhome and a villa are "attached" homes rather than a single family home. The difference, depending on the community may be the type of ownership. In some cases, a villa/townhome may be fee simple ownership where the homeowner pays their own homeowners insurance and is responsible for the exterior maintenance such a roof, etc. In many or most instances here at the beach, you may find that villas and townhomes are condo ownership, where condo dues cover master insurance policy on exterior of building, maintenance of exterior of building such as roof, siding, common elements of the community such as landscaped areas, etc.
I believe you referenced Ashley Manor, where I have helped several buyers purchase. This is a smaller community than Bayside where a total of 95 townhomes are to be built and where vacation rentals are not allowed. The amenities (beautiful pool and grilling area) are included in your condo dues, which are about $2950 per year, and you as an owner in this community would benefit by having lawn mowing, irrigation and exterior maintenance of your building included as part of your condo dues.
Let me know if you have other questions or if I may be of assistance to you.
Thank you, Linda Quasney
P.S. I can assist you in Maryland or Delaware
... more
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Mon May 26, 2014
Linda Quasney answered:
Hi James,

I just saw your question. I have been selling properties in Bayside since 2007 and know the community intimately. Yes, there have been a few short sales because of elevated prices back in 2005-2006, which was the norm in the whole country - prices were high everywhere. Many purchasers back then also had loans with little equity in the properties and when the real estate market began to decline, it left them "underwater". I believe the developer is very committed to finishing the community and the testimony to that is the high number of homes that have been built here in 2009 during a very challenging year for real estate nationwide. Bayside is moving forward despite tough economic conditions and I believe it is because Bayside is by its very nature a unique and stunning community. I have much information I can share about either new or existing homes for sale at Bayside and I'd be very pleased to talk with you about your options for a home in this wonderful community. I can assist with the new homes or resale homes. Feel free to call me at 410-977-2519 (cell) or email me at lquasney@resortquest.com to discuss your home criteria or for more information about Bayside and other area communities. Thank you, Linda Quasney, ResortQuest Real Estate ... more
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