Real Estate Information Archive

So, you have been thinking about buying a home.  You have looked on line and probably stopped by new construction-most home buyers have.

Have you noticed any changes?  What is on your must have list?

Well, according to the NAHB, National Association of Home Builders, the average size of new construction homes have decreased for the first time since 1982.

The Wall Street Journal www.wsj.com has just published an article that addresses these very same issues.  Check out the link: http://online.wsj.com/article/SB10001424052748704509704575019462787197650.html?mod=WSJ_hpp_sections_realestate

It seems that the leaner and meaner buyer of today is interested in a slightly smaller home that offers more energy efficiency as well as Nine foot ceiling on the first floor and a nice walk in closet in the master bedroom.

Of course, the builders, may also be downsizing to save on cost.  I have notices that some of the builders in the Delaware Real Estate Market have stopped using the fancy crown moldings and even wood trim around the windows.

So, if you were going to buy today, what would you be looking for in a home.  We always welcome your comments and would appreciate for you to visit our web site.  www.teamsordelet.com  You can also email David Sordelet or Iris Sordelet at any time.  Our phone number is 302-476-2057

what homes are selling for in your immediate area.exactly Realty Group offers a free Market Snapshot.  Yours for the asking.  It is a custom prepared report that will outline and show you SordeletIf you are thinking of selling, this may help you better understand what today's buyers are looking for.  Of course you are not going to turn an 8 foot ceiling into a 9 foot ceiling.  On the flip side, maybe the builders are dictating what they are willing to sell, so they can save construction costs and make more profit.  Need help deciding what your home may be worth.  The Team

So, you are thinking about buying a home?  The home buying process should be a very fun and exciting time.  Of course, it is an emotional time as well.  In Delaware, we require the sellers to provide a Property Disclosure, or a Disclosure of Real Property.

There are very few exemptions to this requirement.  (estate sale & bank owned are two examples) 

When you finally decide to look at homes, the listing agent should have a disclosure in the home, many times the potential buyer can take a copy, or if you have further interest in the property your agent should be able to pull one from the MLS (multi list).

Remember, once the seller has disclosed a defect, the disclosed item may not be brought back up for further consideration based on the home inspection.  The bottom line:  If you see something disclosed that you want repaired or addressed prior to you taking ownership - ask for it to be fixed when presenting an offer to purchase.  The seller is not obligated to do anything if it was disclosed and you did not care at time of contract but your home inspector made an issue and now you want it fixed.....SORRY!

Delaware real estate laws are different from many other states and each state may or may not have its own laws regarding disclosure. 

As a home seller, it is always better to disclose than not to disclose.  Sellers should disclose and leave it up to the home buyer to decided if it is something that they would like addressed.

For more information on property disclosure and Delaware real estate, contact the Team Sordelet Realty Group.  Visit us online at www.teamsordelet.com

Attached, you will find an article that can be found in the Wall Street Journal. http://online.wsj.com/article/SB10001424052748703535104574646600132632292.html?mod=WSJ_hpp_sections_realestate

Let us know what you think!