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eXp Realty - Kat Geralis Home Team Blog

Thursday, June 30, 2022   /   by April O'Brien

Rules of Real Estate for Delaware and Pennsylvania Homebuyers

Fall is coming fast! Compared to summer, the upcoming season can still be a busy time for homebuying in Delaware and Pennsylvania and with more sellers confident in listing their homes, it's important to keep the real estate rules of the road in mind. Below are just a few real estate rules to remember, like using an experienced real estate agent, that should help you in your home search or sale this year:
Don't Make an Offer Without Pre-ApprovalKnow what you can afford. This all starts with a pre-approval, meaning a lender has vetted your credit and financials and is willing to continue with the mortgage process. A pre-approval letter will tell the real estate agent and home seller how much you can afford in a home and the confidence that you are able to follow through on the purchase.
Use a Real Estate AgentAs this is the biggest purchase you will likely ever make, you'll want to have someone on your side who has been there before. As your trusted, experienc ...

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

Thursday, June 16, 2022   /   by April O'Brien

How to Stand Out as a Delaware and Pennsylvania Home Buyer

As we move further into the summer, the temperatures aren’t the only thing picking up! The number of DE and PA residents planning to buy a new home is rising— as it tends to do during these warmer months! As the summer continues, the local real estate markets in Delaware and Pennsylvania will see a much larger influx of homebuyers.
So now that homebuyers are flocking to local markets, how can you stand out? Grab a pen and paper and make yourself a checklist to ensure you’re on the right track to buy a home in Delaware or Pennsylvania.
Here are a few tips to give you that homebuyer edge over the others this year:
Clean Your Finances
After you spring cleaned your home this year, it’s time to turn to your finances. A seller doesn’t know your financial situation, so despite how confident you are in obtaining a mortgage, they might not feel the same. Oftentimes when sellers are in a rush to sell, they do not want to worry about financing potentially fallingk ...

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

Thursday, June 2, 2022   /   by April O'Brien

Top Reasons to Own a Home in Delaware and Pennsylvania This Year

Summer is upon us and it's an exciting time in local real estate! The conditions are ideal for moving, homebuyers are feeling motivated, and Delaware and Pennsylvania home sellers are ready for a change of scenery. However, despite the market statistics on rising mortgage rates and housing prices, there are still a few buyers on the fence.
If you find yourself wondering if now is the right time to buy in Delaware or Pennsylvania, consider these top five reasons to own a home:
Paying rent is not the best investment
If you're currently renting, ask yourself where your money is going every month. When you rent a home in DE or PA, you are paying down your landlord's mortgage, not your own. When you own a home, you are paying down your own mortgage and putting your money into a much more solid investment.
It motivates you to get involved
Owning a home can be a great boost of community pride for Delaware and Pennsylvania residents. It motivates you to get out and get involved in local ek ...

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

Wednesday, May 18, 2022   /   by April O'Brien

When Should You List Your Delaware or Pennsylvania Home?

Now that we're inching toward the summer season and the real estate market has certainly been heating up, you may have heard that now is a great time to sell your Delaware or Pennsylvania home.
There are indeed more buyers in search of properties in Delaware and Pennsylvania, home prices are rising, and landing top dollar is not so uncommon anymore— but just remember, timing is everything!
The assumption that spring is the proper time is not always accurate. Below are four things to consider if you're ready to sell your home.
Spring isn't always best
Many believe that spring is the best time to sell your home, however according to Realtor.com, "one recent study found that sellers typically net more above asking price during the months of December, January, February, and March than they do from June through November."
One reason for this is that the spring buying season typically means you'll have more competition from other sellers, and in turn, price your home more aggressik ...

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

Thursday, May 5, 2022   /   by April O'Brien

Delaware and Pennsylvania Home Selling Points to Highlight to Buyers

With more homebuyers in the local real estate market this summer, one thing is for certain— buyers are looking for home features that their current homes do not already supply. Popular selling points like extra storage, organization, a great location, low-energy features and low maintenance will stand out to those looking to purchase a home in Delaware and Pennsylvania area.
If you're a DE or PA home seller, it's important to highlight your home's best features, no matter the reasons you're moving on. Don't take your current home for granted and you could just set the stage for a home sale. 
Storage Space
For many homebuyers in the Delaware real estate market right now, especially those first-time homebuyers who are dealing with little space, storage is a big plus. Despite what you think of your home—maybe you have a standard basement or garage that you use as storage—a first-time homebuyer may think they've hit the jackpot. Built-in storage in the kitchen? La ...

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

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

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