Buying Your Home

A home is one of the largest purchases of most peoples lives.  If you're a first time home buyer, looking for a retirement home, seeking your perfect vacation home or are looking for real estate investments, let Berkshire Hathaway HomeServices Gallo Realty of Rehoboth Beach, Lewes and Bethany Beach Delaware assit you with all of your real estate needs here on the southern Delaware shore.  Feel free to search the entire Sussex County Delaware MLS system for properties for sale.

Mortgage Advice

Should You Pay Discount Points?

Apr 17, 2017
The low mortgage interest rates that you find online or in the newspaper aren’t necessarily what you’ll pay when you apply for a loan. Why? Because banks will charge you “discount” points to get the best rate, which adds to the cost of the loan. Points, or discount points, are expressed as a percentage of the loan amount. The point "discounts" the interest rate, that's why it's referred to as a...

Home Buyers: What You Should Tell Your Lender

Jan 18, 2015
Before you go get a loan to buy a home, there is some preliminary work you need to do and some things you need to know to make the borrowing process easier. First, you need to choose a lender. Ask family and friends whom they would recommend. Interview more than one lender, preferably a local banker, a mortgage broker, and a lender from a national bank. Ask questions such as how long they've been...

How Important Is A Home Inspection

Jun 25, 2012
Should a buyer get a home inspection for a home they are buying? Should a seller order a home inspection prior to putting the property on the market? There are advantages for both. Simply put, a home inspection is a visual examination of both the physical structure and major systems of the entire home including: walls, ceilings, floors, decks, exterior covering, the roof, foundation, insulation...

Tips For First-Time Homebuyers

Jun 25, 2012
Home-price adjustments in markets around the country have opened doors of opportunity for many renters. If you are transitioning from renter to homeowner, the prospect of making such a large investment may be exciting, while at the same time overwhelming. But it doesn’t have to be. Here are six common mistakes to avoid: Not understanding the homebuying process Educate yourself. Find a homebuyer...
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