Delaware Real Estate

Delaware Breakwater East End Lighthouse Tour

2011-07-15T12:05:00.000-07:00

Delaware Breakwater East End Inside Tour with sail to Harbor of Refuge Lighthouse for photo op, sponsored by the Delaware River & Bay Lighthouse Foundation. For more information visit the Delaware River & Bay Lighthouse Foundation. Tour runs July 16th 2011 from the fishing pier behind the Lewes Ferry Terminal Building at 10:00 am. Hope all your travels are fun and eventful! Thanks from Bill Davis Real Estate !!

Clear Space Theatre Presents Chicago!!

2011-07-13T07:26:00.000-07:00

Clear Space Theatre in Rehoboth is putting on a Great Musical set in the roaring 20's of Chicago. Should be a great show for all adults to enjoy while in the area! Shows run from June 21st through Labor Day 2011.. Visit Clear Space for more information and enjoy what Rehoboth Beach Delaware has to offer! While in the area call Bill Davis for any Real Estate questions @ 302-242-0346

62nd Annual Cottage Tour Rehoboth Beach Delaware July 12th &13th 2011

2011-07-11T18:41:00.000-07:00

This week the Reahoboth Art League will be hosting the 62nd Annual Cottage Tour in Rehoboth Beach Delaware. The tour will consist of 7 Incredible Homes and The Homestead on the Rehoboth Art League Campus. This tour will run from 10-3 on both days (July 12th and July 13th). Tickets will be available at any of the homes or the sponsors in the included link for the Rehoboth Art League. Photos for the Home tour Pictures to be created and supplied by William Patterson. Congratulations to a very talented and gifted artist!! Hope all enjoy what this small first state has to offer!! Look for more post on a regular basis from Bill Davis Realtor in Delaware.

Foreclosures & Short Sales in Delaware

2009-08-29T13:43:00.000-07:00

Working on a short sale for a client and yesterday i received the call we have been waiting on. The bank has ordered 2 BPO's (Broker Price Opinions). Now my dilemma - If BPO's are not allowed under Delaware law unless you are potentially listing the property, than how come they keep doing them? Well to play devils advocate i can say that the Realtor doing the BPO is only doing one with the potential to list the property. How can this be a true value if the only benefit to the BPO Realtor would be if the sale does not go thru short? Well I can only say that hopefully there are Responsible Realtors still out there doing these BPO's. Only time will tell. If anyone is looking for help in the Delaware Real estate market with the sale of a home that is no longer worth what they owe please feel free to contact me and i will try to help them thru it, even if it does not result in a sale for me. I look forward to helping anyone out there with their real estate dilemmas.

Resort & Second Home Specialist

2007-08-05T12:17:00.000-07:00

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