The artist who conceived and painted the opening scene in Disney’s masterpiece, Pinocchio, was an old-world perfectionist. The opening shot was to employ an imaginative technical breakthrough that made it appear that the audience was swooping down out of the night sky into Geppetto’s workshop. The painting had to be distorted just so—in a way that had never been attempted.

The story goes that, after many frustrating delays, Disney’s producer had sent word that he would double the artist’s fee if he’d just hurry up. The artist refused, simply sending word, “I didn’t ask for more money. I asked for more time!”

For Milford, DE real estate, it’s a story that can have analogous meaning. Everyone has his or her own reasons for listing their home, and sometimes timing is of overriding importance. When professional imperatives call for an immediate change of location or when family matters create the same urgency, a speedy sale can take on primary importance. But there can be a variety of reasons why the market fails to produce a buyer. When just lowering the asking price fails to bring about the desired result, it can create a real conundrum.

Particularly for distinctive Milford, DE homes that have one-of-a-kind appeal, it might make sense to wait for a rare one-of-a-kind buyer to appear. In such situations, unlike the Disney example, it can be possible to “buy” time. One way is to examine the possibility of renting out the property. Even if the monthly rent doesn’t quite cover the mortgage, the loss can sometimes make financial sense if it allows time for the ultimate buyer to enter the market.

There are serious issues associated with such a stop-gap solution—and financial details that might make it impractical. In addition to the credit implications, there are tax repercussions— as well as the extra layer of complexity that’s added when a renter-occupied home is offered for sale. In any case, as the Washington Post noted in a feature on this solution, “…most sellers in this situation fail to think through all the factors…” that go into that decision.

It’s my job the be certain my clients are aware of the factors that are at play in not just this unusual situation, but in all Milford, DE real estate dealings. I will always be ready to discuss the trade-offs and solutions to your particular circumstances. Call me for a no-obligation consultation! Call/Text me Russell Stucki at (302) 228-7871, email me at This email address is being protected from spambots. You need JavaScript enabled to view it., visit more listings at www.beachrealestatemarket.com

 Last Friday was the final day for the Las Vegas mega-trade exposition: the annual Consumer Electronics Show. Forward-thinking Georgetown, DE homeowners have learned to keep an eye on the CES because the public debuts of new appliances, gadgets, apps, and devices that take place there often wind up influencing Georgetown, DE real estate. Sometimes, in major ways.

Past examples are numerous. Not too long ago, giant screen TVs were oddities—but today it’s unusual to find a single Georgetown, DE house for sale that doesn’t have at least one room configured to suggest an inviting big screen entertainment area. CES is where the latest television advances showed up first—and America bought into big screen in a big way.

CES is also where the newest Bluetooth- and WiFi-ready devices have their coming out parties—important because some older Georgetown, DE houses with dense, WiFi-stopping flooring and walls need some serious signal-boosting setups before their listing can promote “WiFi throughout.”

The 2019 CES continued its tradition of providing a launchpad for devices intended to transform the way consumers live, work, and play—but this year did so without a lot of star power in the real estate department. There wasn’t that one single standout that could grab headlines major media attention, at least not one likely to transform the prospects for future Georgetown, DE houses for sale.

What did debut were a collection of incremental additions to the roster of gadgets and appliances that listen to you and talk to each other. These gizmos belong under the heading of “IoT” (the Internet of Things). On display was everything from smart refrigerators (by now, they are old hat) to smart bread-making machines (the Breadbot) that send and receive electronic signals.

Overall a surprising number of the new advances were in the voice assistance direction—aided by the industrial clout of the internet giants. The BBC noted the drift toward “voice assistance everywhere.” Their headline read, “Amazon and Google Assistant carve up tech expo.” That was demonstrated throughout the 2.9 million square feet of exhibits, with, as moneycontrol.com put it, voice assistance for everything “from TVs, toilets, or toys.”

 As more and more daily household tasks are enabled by voice command—and collected into a single unified memory store—expect that to make inroads on what future prospects will expect in any Georgetown, DE house for sale. It’s a future where I hope you’ll give me a call! Call/Text me Russell Stucki at (302) 228-7871, email me at This email address is being protected from spambots. You need JavaScript enabled to view it., visit more listings at www.beachrealestatemarket.com

Checking out an online piece dealing with some technical adjustments having to do with mortgage insurance the other day, I came across an indisputable statement:


“Many homeowners are confused about the difference between PMI (private mortgage insurance) and mortgage protection insurance (MPI).”

That, if anything, is a considerable understatement—especially because Dewey Beach, DE homeowners can sometimes find “mortgage protection insurance” abbreviated as well. If your professional duties include distinguishing the finer points of Dewey Beach, DE mortgages for your clients, you are unlikely to confuse “PMI” with “MPI.” But for the rest of humanity, that’s not necessarily the case. Since the difference is substantive, here’s a 30-second primer:

PMI is Private Mortgage Insurance. It’s designed to protect the lender rather than the homeowner. If Dewey Beach, DE homeowners run into trouble—for instance, if they were to lose their job—the PMI coverage will reimburse the lender for any shortfalls. PMI coverage is usually required when Dewey Beach, DE homeowners pay less than 20% of a property’s sale price as the down payment. When the loan-to-value of the mortgage reaches 78%, these policies can usually be canceled (sometimes that’s done automatically).

MPI is Mortgage Protection Insurance—a very different animal. This protects the Dewey Beach, DE homeowners, covering missed mortgage payments for designated periods of time under specific circumstances. Unlike PMI, this insurance is strictly voluntary on the homeowner’s part. MPI policies may pay off the entire mortgage if the homeowner dies—but those who have adequate life insurance policies may find that expense unnecessary.

 Part of my job is to be sure my clients stay informed about how each part of a home buying or selling procedure stands to affect their interests. I hope you’ll call me whenever Dewey Beach, DE real estate matters arise! Call/Text me Russell Stucki at (302) 228-7871, email me at This email address is being protected from spambots. You need JavaScript enabled to view it., visit more listings at www.beachrealestatemarket.com