Quickly Find Out What that Home Down the Street Sold For, By Email, for Free. If you are considering selling your Wilmington, Greenville and New Castle County, Delaware home, you are probably wondering what other homes in the area are selling for. There might be one home in particular that you'd like to know the sale price on, or you might be interested in all the homes that have sold recently in your Wilmington, Greenville and New Castle County neighborhood. We can help! We can tell you exactly what any home sold for in your area. We will furnish you with a list of homes that have recently sold on your street or in your neighborhood. We can also tell you about homes similar to yours that are currently for sale. This service is entirely free, without obligation. As top Wilmington, Greenville and New Castle County real estate agents, this is part of the service that we provide to home sellers on a daily basis.  Find out what a home or property sold for, by email, for free! It's our job to help you determine real estate values in Wilmington, Greenville and New Castle County! There's no obligation, and we promise to get back to you quickly...
First Time Buyers >Insuring Your Home
Many home buyers are concerned about whether they have an insurable interest in the property before the actual closing. The answer is an unqualified "yes". Although the buyer is not yet the recorded owner of the property, he or she has an insurable interest in the property as soon as the agreement of sale is executed by both the buyer and seller.
Should you get hazard insurance before the closing? It depends. Buyers do not usually insure a property until the title passes to them from the seller. However, it's wise to know what the agreement between you and the seller stipulates with regard to insurance.
Most agreements state that the property will be insured for a specific amount. This is very important to both parties. From the buyer's point of view, it is also critical that an adequate sum or full replacement value be stipulated. Watch out for agreements which read "as now insured". This is an all-too-common practice which usually indicates that the seller does not to want to increase inadequate insurance coverage.
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| Q |
Who is "Fannie Mae" and why is she a big name in real estate?
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| A |
"Fannie Mae" is the real estate industry nickname for FNMA, or Federal National Mortgage Association, the stockholder-owned corporation that purchases mortgages from mortgage lenders. |
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