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Delaware Real Estate Lawyers.com
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Did You Know?
Covenant condition restriction is an agreement, usually included in the deed to a property
This tool acts as restricting the manner in which the property can be used. For example, a deed for a residential property may contain a covenant that the owner won’t permit “noxious uses” on the property, or any of a lengthy list of particular offenses such as stables, factories and so forth.
Newsroom
News about real estate cases in Delaware and nationwide:
Hud Housing Program
The Uniform Act, passed by Congress in 1970, is a federal law that establishes minimum standards for federally funded programs and projects that re... Read more >
Definition:
To avoid foreclosure ("in lieu" of foreclosure), a deed is given to the lender to fulfill the obligation to repay the debt; this process doesn't allow the borrower to remain in the house but helps avoid the costs, time, and effort associated with foreclosure.
Home inspection
Definition:
An examination of the structure and mechanical systems to determine a home's safety; makes the potential homebuyer aware of any repairs that may be needed.
Assumable mortgage
Definition:
A mortgage that can be transferred from a seller to a buyer; once the loan is assumed by the buyer the seller is no longer responsible for repaying it; there may be a fee and/or a credit package involved in the transfer of an assumable mortgage.
If you live in the following cities and need an real estate attorney you should contact
our Real Estate Attorney as soon as possible:
Bear
Camden Wyoming
Claymont
Clayton
Dover
Dover Afb
Felton
Georgetown
Greenwood
Harrington
Hockessin
Laurel
Lewes
Magnolia
Middletown
Milford
Millsboro
Milton
New Castle
Newark
Rehoboth Beach
Seaford
Selbyville
Smyrna
Townsend
Wilmington
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general information related to real estate issues commonly encountered.
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