Some of the reasons cited by advocates of renting over owning are the financial burdens homeownership entails.

·         “Maintenance and Repairs are On The Landlord,” boasts online site

·         “Renting frees up money to save,” says

There are certainly circumstances that make renting Ocean View, DE properties a prudent choice—some are due to specific career, lifestyle, and financial circumstances—particularly when future matters are undecided. But although the “maintenance and repairs” argument sounds reasonable—it really doesn’t hold up when you consider that rental terms aren’t devised to result in a loss for the landlord. Any fairly priced rental or lease payment covers the cost of the property’s upkeep—with a reasonable percentage added for profit!

The “freeing up money to save” argument is probably literally true at the early stages of most Ocean View, DE home acquisitions. But the long-term reality is that Ocean View, DE homeownership builds equity—equity that translates into “savings” (albeit in a less liquid form). Those are savings that aren’t as readily available as cash in the bank, but that is actually a substantial pro-savings feature: the “enforced savings” attribute. The greater average net worth of homeowners over renters bears it out.

The most frequently cited reason for not buying is the difficulty of coming up with a down payment. If today’s robust economy truly does result in more dollars in more pockets, that might be an enabling factor for renters who’d rather be Ocean View, DE home buyers.

For those who plan on remaining Ocean View, DE residents for the foreseeable future, purchasing can often be the most financially sensible alternative. Call me to discuss how some current Ocean View, DE offerings might prove to be exactly that! 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

In most reports about the gang-busters records set during the just-finished holiday shopping season, a lot of attention was given to the shifting nature of buying and selling. Bricks-and-mortar businesses did alright—but most of the gains in commercial activity were set online. No surprise, there—at least not to the shops and big-box stores who’d seen it coming and built websites accordingly.

Those of us who labor in Ocean View, DE real estate have long since adapted to the technology that empowers consumers so successfully. It had once been argued that, by opening free public access to multiple listing data and asking nothing in return, Realtors® were giving away the keys to the kingdom (and to our own livelihoods!). When everyone can easily canvass Ocean View, DE listings to find the properties that match their specifications, what would be left for agents and brokers to contribute? Grim forecasts predicted the inevitability of a downward spiral for the profession as a whole.

What has actually happened is a lesson in the danger of jumping to conclusions—and a sharpening of perception about what’s most valuable in the buying and selling of Ocean View, DE real estate. The preliminary steps in that process are undeniably of great value—and the process of identifying fitting homes for sale has become vastly more efficient by allowing buyers to scour the current listings. Being able to do it from their own homes on their own schedule is just frosting on the cake. And it’s also now true that real estate’s professionals are no longer indispensable in that process—at least in its preliminary stages.  

That being the case, why do buyers still overwhelmingly decide to sign on with Ocean View, DE real estate agents when they’re committed to buying a house? Forbes magazine’s Real Estate Council member Tony Acosta addressed that issue in a forward-looking essay on the value proposition real estate agents will provide in the decade to come. His answer was detailed, but the main point can be summarized simply. For buyers, it’s straightforward: having a licensed real estate professional in their corner means they are spared having to master the complexities of the formal homebuying process. They can rest easy that no overlooked detail will gum up the works, unnecessarily delaying or derailing the sale. For the Ocean View, DE homebuyer, having a pro on their team is nearly like having an insurance policy for the transaction. As for the “value proposition”—it’s one that’s hard to beat. Since the agent’s commission is paid from the seller’s proceeds, the value proposition is: it’s free!

Sellers have a set of more self-evident reasons—but that’s a discussion for another day. In the meantime, when buying or selling a Ocean View, DE home is in your sights, 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

It’s exactly what you were hoping for when you listed your Ocean View, DE  house: multiple offers! They’ve just been submitted, and now you get to choose which offer is the best one. The highest dollar amount may look like the instant winner, but that first blush reaction should be put aside while all the included provisions are given thoughtful consideration.

If the top line amount offered is the only major difference, the decision can be an easy one—but that’s seldom the case. Your house sale’s net yield can be greatly affected by the offer details—considerations like these:

Timing–if the proposed closing date will arrive too soon OR too far in the future, accepting it may prove more costly than you’d think. It depends on the move-in date for your next home—especially if that’s up in the air. Gaps can be costly—especially if it winds up forcing you into a too-hasty (or too expensive) choice for your next home.

Cash or ??—“All-cash” offers sound appealing, but some cash offers aren’t as open-and-closed as the term implies—such as those funded by a loan that’s not contingent on the sale. If that offer is based on a line of credit, there might be less certainty than another based on cash in the bank. There is also something to be said for the hoops buyers have to jump through when a lender is enlisted—some of those protect the seller as well as the bank.

All those Contingencies—The standard contingencies (like inspection, financing, appraisal, or sale of the buyer’s property) most obviously stand to affect the net proceeds of the sale—or even whether the sale closes. That’s why, when they’re waived by a buyer in the multiple-offer situation, they’re intended to beat out competing offers.

The details of multiple offers are frequently dissimilar enough to make it extremely important that they be thoughtfully weighed—something made more demanding since they seldom lend themselves to an apples-to-apples analysis.

Truth to tell, even when a single offer comes over the transom, the same scrutiny applies. When I’m your Realtor®, I’ll be by your side, adding a goodly dose of real-world Ocean View, DE  closing experience to the analysis. Call me! 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

The wisdom behind the truism that there’s no such thing as a free lunch can even apply in a context as virtuous as inheriting Ocean View, DE homes. Parents bequeathing the family home—or generations passing down the ancestral vacation cottage—are intended to be acts of unalloyed generosity. But common to many commentaries on the subject are some common unintended consequences. For Ocean View, DE homeowners who have ever weighed the idea of passing the family homestead onto their progeny, it’s a point worth exploring.

 The most acrimonious outfalls surface when multiple heirs are involved. Since individuals fare differently as careers develop and life’s opportunities and challenges unfold, the obligations accompanying homeownership present difficulties for some heirs more than others. Given the fact that taxes, insurance, utility bills, and maintenance expenses are ongoing even for a property that is debt-free, the choice of which possible disposition (occupying, renting, or selling) may affect heirs very differently.

Overlaying the financial outfall is the likelihood that the latter two income-generating solutions are bound to raise sentimental issues when clearing the property for sale or new tenants. The emotional stress often causes heirs to avoid cleaning out an inherited property, sometimes, for years. Says Rhea Friedman, a CFP in Manhattan, “Not selling a house and not living in it makes for increased maintenance and insurance costs without much to show for them.”

The best solutions seem to result when everyone can summon “their best selves” to cooperate in formulating a precise agreement spelling out how ongoing expenses and obligations will be shared. Another variation is for the donors to engage Ocean View, DE legal help to create a framework that addresses the specifics in ways designed to minimize discord.

The Washington Post once summed up the all-too-common problem simply. It can be resolved “by parents with proper advance planning.” That may be an oversimplification, but that kind of foresight in other Ocean View, DE homeownership issues is always advantageous. Call me anytime—I’m always happy to contribute help and advice. 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