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New Construction Delaware | eXp Realty - Kat Geralis Home Team Blog

Wednesday, May 17, 2023   /   by Alex O'Brien

Your Delaware Home Offer Was Accepted— Here's What To Do Next

Congratulations! Your real estate offer has been accepted on a home in Delaware or Pennsylvania. While it’s an exciting milestone, there are still important steps to take before you can officially call the property yours.
Below are a few essential tasks to tackle after your offer is accepted to ensure a smooth and successful real estate transaction.
Communicate with Your Realtor and Lender
After your offer is accepted on a Delaware or Pennsylvania home, be sure to maintain open lines of communication with your real estate agent and lender. Your realtor will guide you through the necessary paperwork, inspections, and other critical steps. You will also want to stay in touch with your lender to ensure a smooth loan process, providing any required documentation quickly. Clear and constant communication with these professionals will help you stay on track and address any issues that may arise.
Complete Inspections
Now that your offer is accepted, it’s time to schedule a prk ...

  delaware real estate, delaware area homes, delaware real estate market, pennsylvania real estate, delaware homeowners, homebuyer tips, homebuyers, homebuying tips, new construction, new construction delaware, new construction pennsylvania

Wednesday, April 5, 2023   /   by Alex O'Brien

5 Things That Can Bring Down Your Delaware or Pennsylvania Home Value

Selling your home in Delaware or Pennsylvania is a major decision with many moving parts. From preparing the property for sale to choosing the listing price to accepting the best offer and finally, reaching the closing table— it is essential to work with your real estate agent to ensure you stay on top of it all! If not, you may find yourself facing obstacles like a lower than expected home value. But lucky for you, that can be avoided!
Below are five factors that can bring down your home value. Keep these in mind in order to keep your home sale process in Delaware or Pennsylvania running as smoothly as possible:
Poor location
While you may not be able to move your property to another location prior to listing, if it is in a less than ideal location, know that it may not rank as highly as you’d like. There is a reason that the phrase “location, location, location” is so common in real estate and it does have a big impact on your value!
Your neighbors
Your yk ...

  delaware real estate, delaware area homes, delaware real estate market, pennsylvania real estate, delaware homeowners, delaware home sellers, home seller tips, new construction, new construction delaware, new construction pennsylvania, home value, home improvement

Thursday, March 9, 2023   /   by Alex O'Brien

Why Buying a Home in Delaware and Pennsylvania Still Makes More Sense Than Renting

While you may be watching mortgage rates rise (the average 30-year fixed rate currently hovering around 7 percent) and the number of homes to choose from on the lower end, there is one important concept to consider— buying a home in Delaware or Pennsylvania is still a better investment than renting.
We know that buying a home can feel like a major obstacle for many first-timers in Delaware and Pennsylvania, but passing on the opportunity this year could create an even bigger hurdle later as rents will only continue to rise and the days of the 3 percent mortgage rate may be long behind us. 
Below are three reasons why homeownership still makes more sense than renting in DE and PA:
Homeownership Builds Wealth 
Homeownership allows area residents to start building equity and long-term wealth. It is a way to provide stability for households and a means of reinvesting wealth, into your own pocket. If you continue to rent, tossing more money out the window each year,k ...

  delaware real estate, delaware area homes, delaware real estate market, pennsylvania real estate, delaware homeowners, delaware home sellers, home seller tips, homebuyer tips, homebuyers, homebuying tips, new construction, new construction delaware, new construction pennsylvania

Friday, February 24, 2023   /   by Alex O'Brien

4 Ways to Save Money When Buying a Delaware or Pennsylvania Home

You may be watching both home prices and mortgage rates tick upwards in today’s unpredictable real estate market, wondering if buying a home right now is your best bet. While it may be an expensive endeavor, your goal of owning a home in Delaware and Pennsylvania is not out of reach.
There are many strategies for saving money and staying on budget while buying a home in Delaware and Pennsylvania and as your local real estate experts, we are listing four to try below. Continue on for top tactics for becoming a homeowner in the current real estate market.
Get a Low or No Down Payment Loan
If the thought of putting 20 percent down on a home causes you stress or makes you want to toss your homebuyer dreams out the window, take a deep breath. Many homebuyers are in the same position and you may just find that you qualify for a loan program that requires a low down payment— or nothing down at all! For instance, an Federal Housing Administration (FHA) loan allows you to put dowk ...

  delaware real estate, delaware area homes, delaware real estate market, pennsylvania real estate, delaware homeowners, homebuyer tips, homebuyers, homebuying tips, new construction, new construction delaware, new construction pennsylvania, help buying new construction

Thursday, February 9, 2023   /   by Alex O'Brien

How to Get Ahead of the Spring Real Estate Market in Delaware and Pennsylvania

While you may still be in winter mode, the spring real estate market will be here before we know it in Delaware and Pennsylvania. Soon a wave of potential buyers will take to searching for their perfect property as the weather starts to turn around. Not only do the warming temperatures play a role in getting buyers out and about to tour homes for sale, but lower inventory just may give sellers an edge.
However, that doesn't always mean your Delaware or Pennsylvania home is ready for buyers to step inside and prepare their offers. You may need to do a bit of prep work before you're officially in the game! Below are four ways to get ahead of the spring real estate market this year and make your home stand out from the rest.
Make repairs
One way your Delaware or Pennsylvania home can rise to the top of buyer wish lists this spring is by being up to date on repairs. You may wish to get a home inspection prior to listing which will help you identify any problems, but if you know now that ...

  delaware real estate, delaware area homes, delaware real estate market, pennsylvania real estate, delaware homeowners, delaware home sellers, home seller tips, new construction, new construction delaware, new construction pennsylvania, new construction agent

eXp Realty - Kat Geralis Home Team
Kat Geralis
3411 Silverside Road Suite 104
Wilmington, DE 19810
302-575-1086

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