Sunday, August 5, 2007

Resort & Second Home Specialist

This summer has been busy as usual for Buyers and Sellers of Real Estate in Southern Delaware. I would like to let everyone know that Bill Davis is the first Realtor in the state of Delaware and the only Realtor as of last week to have achieved the Certification of Resort & Second Home Specialist from the National Association of Realtors in the state. What this means for the Buyers and Sellers of Southern Delaware Real Estate is a better understanding of the needs and requirements you deserve. Part of this course is a two day extensive training on 1031 exchanges. This certification is in addition to the SRES (Senior Real Estate Specialist), ABR (Accredited Buyer Representative) Designations and additional other courses to better serve his clients.
The other topic I would like to lightly touch on is the American Home Mortgage fiasco. I personally know of clients that were using this company for their home purchase financing. I have to say that the idea that a top ten mortgage company is going under is scary at least but that being said the clients will have to send their packet off again to get a new approval and most companies are willing to fast track the process along to get a new commitment. This is not the end of the world, but just as the stop to the Housing price escalation hasn't stopped people from needing to sell and buy homes this too will not stop those who can buy and sell.
This post is my opinion only and does not necessarily reflect on what others believe. As always make sure your dealings in Real Estate are with a competant professional and you should do well in the long run. Thanks, Bill Davis

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