Month: May 2011

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Open Houses: Sunday, May 29, 2011

Happy Memorial Day Weekend! This Sunday is a little slow for open houses due to the Memorial Day holiday, but the following properties in the neighborhood will be holding open houses in the Brandywine Hundred, North Wilmington, Delaware area on Sunday, May 29, 2011:

Can’t make the open house? No problem!
Contact Brian Doreste today at 302-753-6398 to schedule your own private showing.

The most current open house list for Brandywine Hundred can always be found at: http://deerhurst.net/category/upcoming-open-houses/

5867343 $225,000 305 Marsh Rd Wilmington DE Hillcrest
5870005 $359,900 2413 Greendale Rd Wilmington DE Woodbine
5872696 $309,000 3327 Pierson Dr Wilmington DE Pierson Farm
5881741 $250,000 1802 Northcrest Dr Wilmington DE Northcrest
5889671 $89,900 3810 Eastview Ln Wilmington DE Paladin
5892442 $323,900 4020 Greenmount Rd Wilmington DE Longwood
5734218 $124,900 4609 Claremont Ct Wilmington DE Birch Pointe
5871826 $149,900 124 Kentucky Ave Wilmington DE Pleasant Hills

Come out and see these houses this weekend!

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National Open House Weekend: June 4-5, 2011

What’s so big about this event? Nationwide Open House Weekend, sponsored by the National Association of REALTORS® (NAR), is designed to drive buyers’ attention and interest to homes for sale and offers opportunities to educate consumers, especially first-time buyers, about the benefits of home ownership.

Open houses open doors to buying opportunities! So what could be better than a weekend full of open houses, encouraging interested buyers to tour homes and learn about the benefits of home ownership. That’s the promise of the 2011 REALTOR® Nationwide Open House Weekend on Saturday and Sunday, June 4-5.

Last year’s event resulted in scores of closed sales, and served as a catalyst for connecting real estate professionals with buyers.

Can’t make this years National Open House Weekend? No problem!
Contact Brian Doreste today at 302-753-6398 to schedule your own private showing.

The most current open house list for Brandywine Hundred can always be found at: http://deerhurst.net/category/upcoming-open-houses/

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Delaware housing: Wilmington offers $10,000 to lure vacant-site buyers

The city of Wilmington is starting a new homebuyer aid program offering up to $10,000 to buyers of vacant property in the ZIP codes of 19801, 19802 or 19805.

The program has requirements, including meeting a June 30 application deadline and an August 31 closing deadline, as well as attending an eight-hour counseling class. The city is using federal dollars it received from the Neighborhood Stabilization Program. The program has income restrictions.

“There are properties available in Wilmington and there are individuals and families that would very much like to establish a home,” said Mayor James Baker. “Sometimes, in this current economic climate, it just takes a little bit of assistance for a potential homebuyer and a mortgage lender to come together and strike a deal.”

The money would initially be a loan, but would be converted to a grant after the homebuyer lives in the home for five years. To apply, call 576-3000, visit the city’s Department of Real Estate and Housing on the 7th floor of the Redding City/County Building, 800 N. French St., or visit www.wilmingtonde.gov.

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Tell Congress: 20% Down Payments Put the American Dream Out of Reach

Did you know that there is a proposal before regulators to require a minimum of 20 percent down on all residential transactions? If allowed to take effect, these proposed regulations governing Qualified Residential Mortgages (QRM) would put home ownership out of reach for middle-income Americans.

According to research done by the National Association of REALTORS® (NAR), 60% of recent home buyers made less than a 20% down payment, and it would take 14 years for a typical person to save up a 20% down payment to buy a median-priced home.

We just don’t need more hurdles. Please contact your Congressmen TODAY and ask them to make it clear to the regulators that this proposed regulation was not their legislative intent and to instead implement a more reasonable Qualified Residential Mortgage (QRM) that will keep credit-worthy buyers in the market and able to acquire a loan.

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Open Houses: Sunday, May 22, 2011

Wow, check out all of these open houses this weekend!!! The following properties in the neighborhood will be holding open houses in the Brandywine Hundred, North Wilmington, Delaware, and Hockessin, Delaware areas on Sunday, May 22, 2011:

Can’t make the open house? No problem!
Contact Brian Doreste today at 302-753-6398 to schedule your own private showing.

The most current open house list for Brandywine Hundred can always be found at: http://deerhurst.net/category/upcoming-open-houses/

Brandywine Hundred

5869540 $262,500 26 Hurst Rd Wilmington DE Deerhurst
5805291 $319,000 315 Pinehurst Rd Wilmington DE Fairfax
5878704 $229,500 246 Plymouth Rd Wilmington DE Fairfax
5735001 $359,900 90 Lynthwaite Farm Rd Wilmington DE Village Of Rocky Run
5888853 $519,900 2 Lombardy Dr Wilmington DE Weldin Farms
5861893 $287,000 2407 Matwood Rd Wilmington DE Graylyn Crest-nort
5888410 $239,900 2308 Knowles Rd Wilmington DE Graylyn Crest-nort
5888154 $365,000 132 Marcella Rd Wilmington DE Webster Farm
5808964 $349,900 121 Marcella Rd Wilmington DE Webster Farm
5814478 $265,000 506 Ivydale Rd Wilmington DE Carrcroft Crest
5825358 $350,000 400 Crest Rd Wilmington DE Carrcroft Crest
5841128 $259,900 2223 Kingsridge Dr Wilmington DE Kingsridge
5846161 $324,900 2417 Kingman Dr Wilmington DE Chalfonte
5848694 $299,777 1115 N Dolton Ct Wilmington DE Darley Woods
5861838 $244,900 420 Garland Rd Wilmington DE Northwood
5888820 $363,000 12 Burnett Dr Wilmington DE Chapelcroft
5867785 $285,000 125 Delview Dr Wilmington DE Windybush
5807200 $309,900 505 Eskridge Dr Wilmington DE Bellevue Hills
5875953 $329,900 7 Bellemeade Ct Wilmington DE Bellemeade
5821476 $335,000 39 N Cliffe Dr Wilmington DE Wycliffe
5878131 $229,900 3100 Crystal Ct Wilmington DE Londonderry
5761451 $338,500 341 Rockmeade Dr Wilmington DE Ballymeade
5879835 $290,000 13 Short Dr Wilmington DE Lancashire
5882220 $269,900 2201 Carlton Ln Wilmington DE Holiday Hills
5883238 $269,900 405 Weldin Rd New Castle DE Shellburne
5884661 $569,900 8 Perth Dr Wilmington DE Perth
5885899 $186,900 504 Delancey Dr Claymont DE Kenilworth
5886884 $399,900 13 Stone Crop Rd Wilmington DE Northminster
5887695 $294,900 1019 Rockwell Rd Wilmington DE Longview Farms
5887848 $234,900 47 E Avon Dr Claymont DE Ashbourne Hills
5876711 $235,000 20 Keats Dr Claymont DE Ashbourne Hills
5868928 $229,900 81 S Avon Dr Claymont DE Ashbourne Hills
5806663 $220,000 113 Wentworth Dr Claymont DE Radnor Green

Hockessin

5782749 $799,000 13 Wineberry Dr Hockessin DE Ramsey Ridge
5785327 $264,900 513 Defoe Rd Hockessin DE Hickory Hills
5844703 $549,900 954 Old Wilmington Rd Hockessin DE Bon Ayre
5844742 $459,900 659 Meeting House Rd Hockessin DE Walnut Hill
5844872 $389,900 4267 Mill Creek Rd Hockessin DE
5848118 $509,000 20 Vining Ln Wilmington DE Westhaven
5849906 $589,900 5 Harlech Dr Wilmington DE Anglesey
5853252 $519,500 22 Dickinson Ln Wilmington DE Westhaven
5860986 $419,900 324 Wagon Wheel Ln Hockessin DE Dennison Ridge
5866426 $439,000 131 Cheltenham Rd Hockessin DE Westover Chase
5880848 $715,000 175 Thompson Dr Hockessin DE Hockessin Valley F
5886990 $450,000 126 S Colts Neck Way Hockessin DE Hockessin Hunt
5888193 $424,900 2 Spencer Ln Hockessin DE Hockessin Hunt

Come out and see these houses this weekend!

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Freddie Mac offers Buyers a 3.5% closing cost credit & home warranty on REO properties

Freddy Mac has just introduced as part of the Freddie Mac First Look Initiative.
DURATION OF OFFER: May 16, 2011 – July 31, 2011 with escrow closed on or before September 30, 2011.

The First Look Initiative allows buyers who intend to occupy the home as their primary residence “first dibs” on REO properties for 15 days without competition from investors. Buyers don’t have to be first time homebuyers.

For buyers, they benefit too! Freddie Mac is offering buyers 3.5% towards closing costs AND a 2-year Home Warranty along with discounts on appliances of 30%. This is an excellent deal for all home buyers!

Contact Brian Doreste TODAY at 302-753-6398 or via the contact page on this website for further info on this great program!

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