There’s a misconception going around that you have to put 20% of the purchase price down when you buy a home. But the truth is, many people don’t put down that much unless they’re trying to make their offer more competitive. Source: Keeping Curreent Matters
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Selling Delaware Beach Homes
The selling of Delaware beach homes continues to be brisk despite the current housing economics. The proximity of Rehoboth Beach to major metropolitan areas such as Washington DC., Philadelphia, Baltimore and its easy 2 hour driving distance make it a perfect weekend get away. The low property taxes and tax free shopping make it a popular destination. The retirees keep moving into Sussex county making it one of the top retirement areas of the country. Delaware beach homes are being eyed by the investor looking to retire in the next few years and there has not been a better time to buy then now!! Low interest rates, coupled with lower prices keep the Delaware beach homes selling. The high rental income received due to its proximity to the coast keep investors searching for that property they can utilize and rent out to sometimes break even or even profit. Rehoboth Beach DE Homes for Sale vary in style and architecture. There are small bungalows to 5000 square ft. mansions. The closer to the sands of the Atlantic Ocean and boardwalk the higher the price tag.