Category: News

NO TRANSFER TAX for buying a Fannie Mae or Freddie Mac property remains in effect!

New Castle County will NOT enforce the new rule which requires Fannie Mae/Freddie Mac to no longer be exempt from transfer taxes. Therefore, there is NO DEADLINE to purchase a home. They will continue to be exempt for now. New Castle County will seek to get an opinion from the Delaware Courts to determine if …

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Buying a Home Won’t Get Much Cheaper

Buying a home may never get any cheaper than this. Several housing experts are predicting that this year will be the last chance for bargain hunters to cash in on the best deals of the weak housing market. With home prices down 34% nationally since 2006 and mortgage rates at historic lows, homes have never …

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Real Estate Bidding Wars Are Back!

Pending-home sales in March hit their highest level since April 2010, spurring the return of real-estate bidding wars.